A debate is now taking place about the viability of the euro as a currency. The next issue of Socialist Resistance will have extensive coverage of the economic situation and the left’s response to it. Given the very live nature [...]
Damien Millet – Eric Toussaint make the case for a debt audit One of the features of the financial sector crisis that began in 2007 in the United States and spread like wildfire to Europe, is the enthusiasm shown by [...]
Another world is possible – but not by reforming the EU and staying in the Euro! Dave Packer and Ralph Blake Michel Husson [1] in more general broad terms and Olzlem Onaran [2] in more concrete ones put forward a [...]
Michel Husson’s article on how socialists should react to the Eurozone crisis, published in Socialist Resistance in December, sparked an ongoing discussion, including a critical reply from Costas Lapavitsas. In this article, Socialist Resistance’s Özlem Onaran outlines the consensus and [...]
Verso: 288 pages, £8.99 Reviewed by Patrick Scott Originally published in 2009, this updated version of Paul Mason’s book provides the reader with an overview of the global financial crisis from the start of the credit crunch in August 2007 [...]
“Can capitalism solve the debt crisis?” was the question that Marxist economist Özlem Onaran discussed at a recent Socialist Resistance public meeting. Three possible resolutions for the the debt crisis were discussed: ‘good capitalism’, ‘bad capitalism’ and the socialist alternative. [...]
In the name of ‘deficit reduction’, the ConDem coalition has launched a reactionary onslaught against all working people in this country. They want to make us pay for the economic crisis that was not of our making by reducing the [...]
Anger has rightly resurfaced on bankers’ bonuses in a week when two of the US banks with a significant presence in the UK announced they would be paying bonuses to their staff of over $30 billion for 2010.UK banks are [...]
The global effects of the crisis have been made even worse by what is happening in Europe. For thirty years the contradictions of capitalism have been overcome with the help of an enormous accumulation of phantom rights to surplus value. [...]
UK debt rose dramatically at two times under modern capitalism – to fund the world wars and the rebuilding of the economy after the war. The debt built up during the Second World War and in its aftermath was finally [...]
Site Design by 
Copyright © 2012 Socialist Resistance — Ecosocialist, feminist & revolutionary. All Rights Reserved.
