The spectre of Lehman Brothers is haunting Europe.

At least 15 000 people gathered on the Senate Square in Helsinki, Finland on saturday, September 24th to demonstrate their utter disgust at the nazis of the so called Finnish Resistance Movement who had the same month assaulted and beaten to death 28-year old Jimi Karttunen. Karttunen had courageously objected to the propaganda in the leaflets handed out during a street activity by the group, but his protests were met with the use of deadly force.

The sense of shock amongst the Labour right wing was evident from the look on their faces as they streamed out of the Party Conference on Saturday. Their dreams of an Owen Smith victory, the so-called “unity” candidate, were dashed. This has created a sense of turmoil and disarray within Labour’s right wing. Although many had conceded defeat for their candidate, they still hoped they could reduce Corbyn’s margin of victory. Despite everything, they failed miserably.

Ecstatic screams and cheers broke out across the country as the news came through that Jeremy Corbyn has again won a decisive victory to become Labour leader, with an even bigger mandate than last September. 313,209 members voted for him, 61.8% of the vote, compared to 59.5% last year. His challenger Owen Smith, the “unity” candidate, got 193,229 votes, or 38.2% of the vote. The turnout was 77.6%, with 506,438 members and supporters taking part.

The ballot for Labour leader has ended. The result will be announced tomorrow at 12 noon. Barring a nuclear attack, all the indications are that Jeremy Corbyn will win convincingly against his challenger Owen Smith, probably with a bigger mandate.

The impasse of Greek capitalism, the lessons of SYRIZA and perspectives for the socialist revolution.

With Jeremy Corbyn on course to win another landslide victory in the contest for the Labour leadership, the Party Establishment are preparing the ground for a split. Rob Sewell, editor of Socialist Appeal, looks back at the Labour split of 1931 to analyse the important lessons of Labour's history for today's tumultuous events.

With Jeremy Corbyn on course to win another landslide victory in the contest for the Labour leadership, the Party Establishment are preparing the ground for a split. Rob Sewell, editor of Socialist Appeal, looks back at the Labour split of 1931 to analyse the important lessons of Labour's history for today's tumultuous events.

For decades the main party of the Greek working class was the PASOK, founded in 1974 immediately after the fall of the military junta. It won 13.5% in the first elections it stood in that year, seven years later going on to win a landslide victory with 48% of the vote and forming the first left government in Greece’s history. The rise of PASOK between 1974 and 1981 was a clear expression of a radicalisation to the left of Greek society.

Jeremy Corbyn is on target for a landslide victory in the election for Labour leader. According to all the polls, he will defeat his right-wing supported challenger Owen Smith by a wide margin. In fact, the support for Jeremy Corbyn amongst the grassroots of the Party has increased since last year; over 84% of local Labour Party leadership nominations have been for Corbyn, compared to under 40% in last year's four-way race.

The Greek economy has always lagged behind the much more developed economies of countries like Britain, Germany, France and other advanced capitalist countries, mainly of northern Europe. The Greek bourgeois arrived late on the scene of history, with its own independent state only in the 1830s. Ever since, Greece has struggled to establish itself economically in the face of far more developed economies on the continent of Europe.

[This article was first published on socialist.net on July 22.] After a short lived leadership campaign, beset with false starts and misfortune from the beginning, Angela Eagle graciously fell on her sword in order to allow another “unity candidate”, Owen Smith, MP for Pontypridd, to challenge Jeremy Corbyn for the Labour leadership.

Events are now moving at a lightning speed. Everyday there is a new twist and turn in the situation. Britain has become the focal point of the European crisis and even the world crisis. As we have explained in previous articles, the crisis which began in 2008 represented a turning point and would have massive repercussions around the world.

Greece joined the European Union in 1981 and adopted the euro in 2001. What impact did these two events have on the Greek economy? Within the general boom conditions across Europe pre-2007, Greece also boomed, but this hid the real underlying weaknesses of the Greek economy, in particular its declining productivity.

Ted Grant was a well-known figure in the international Marxist movement. He had a significant impact on British politics. When he died all the most important newspapers carried extensive obituaries that recognised this fact. This is a remarkable work that comprehensively covers the development of Ted's life and ideas, starting from his early family background in Johannesburg right up to his death in London in 2006 at the age of 93.