Global Crisis Deepens

Upcoming screenings of the Shore Break

Upcoming screenings of the Shore Break

In the wake of the murder of the chairperson of Amadiba Crisis Committee, Sikhosiphi Bazooka Rhadebe last month, the  programme for  Freedom Week 2016 four screenings of The Shore Break in solidarity with the Amadiba’s struggle to keep mining off their land. DATE:...

Short video showing how mining undermines life

Short video showing how mining undermines life

Sphiwe Mazibuko’s 9 minute documentary exposes the intimidation and violence facing anti-mining activists on the Wild Coast and Zululand, in South Africa. Xolobeni residents have fought for 10 years to prevent an Australian company from mining their titanium rich...

Colour in the class formation of rulers and ruled

Colour in the class formation of rulers and ruled

For as long as there’s capitalism in South Africa, the working class will always be overwhelmingly black because the population is overwhelmingly black. So, too, will the unemployed be permanently black. Poverty will appear to be black; a colour-coding of capitalism’s...

After Syriza

After Syriza

When Alexis Tspiras resigned his premiership earlier this month and called for a snap election, it signaled a new round in the ongoing battle between Greece and its creditors. For Tsipras, next month’s election represents an attempt to secure a mandate for the deal...

China Falters, and the Global Economy Is Forced to Adapt

China Falters, and the Global Economy Is Forced to Adapt

With deepening economic fears about China, multinational corporations and countries are having to respond to a new reality as a once sure bet becomes uncertain. HONG KONG — The commodities giant BHP Billiton spent heavily for years, mining iron ore across Australia,...

China crisis: questions and answers

China crisis: questions and answers

ames Meadway answers some questions about the financial crisis unfolding in China What is the Asian crisis? Why is it happening and how did it start? The short answer here is that a bubble in the Chinese stock market - with share prices rising 150 per cent in the year...

Making Sense of China’s Stock Market Meltdown

Making Sense of China’s Stock Market Meltdown

I suppose much of the journo commentariat was born since 2008 and therefore has no memory of TARP, Too Big To Fail, or Jamie Dimon rolling around naked inside a gigantic vat of taxpayer money, so there has been a considerable amount of handwring about how the CCP...

What About the Greek Communist Party?

What About the Greek Communist Party?

What explains the Greek Communist Party’s stance toward Syriza and the euro crisis? by Giorgos Charalambous Recent developments in Greece are reshaping the country’s radical left. Most of the discussion has centered on Syriza and its failure to tackle austerity, as...

China’s Troubled Stock Markets

China’s Troubled Stock Markets

A bull run in China’s stock markets has given way to what could be a crash (Chart 1). When the Shanghai Composite Index (SCI) peaked at 5166 in mid June 2015, it had risen by 150 per cent relative to its value at the corresponding time in the previous year. It then...

The left challenge to Tsipras’ surrender

The left challenge to Tsipras’ surrender

Greek Prime Minister Alexis Tsipras' decision to resign and push for national elections prior to a SYRIZA congress has forced a split in the party, with 25 SYRIZA members of parliament launching Popular Unity with a public letter on August 20. The grouping is based...

The Europe we don’t want

The Europe we don’t want

The Eurogroup and the International Monetary Fund have crushed the hopes of a youthful movement that sought to transform a nation and rouse a continent. Beyond the shock that events in Greece have given supporters of the European project, there are other noteworthy...

Treating Syriza Responsibly

Treating Syriza Responsibly

As against those on the international left so keen to put the boot in against the Syriza government with the charge that they had abjectly capitulated already with the plan passed in the Greek parliament, it is instructive to read this document from the German finance...