Britain: dark clouds ahead for Flybe It’s been a turbulent time for the aviation industry recently. And now another airline looks unlikely to weather the storm. Flybe is up for sale, with the regional air carrier calling in accountants from KPMG in an attempt to save itself from collapse. Half-year profits have plunged and the company’s auditor, PwC, warned of “significant doubt” over its future. KPMG's involvement should have instantly set alarm bells ringing, as they were also the administrator of Monarch Airlines last year.
France: the yellow vests, Lenin and the leadership of the CGT The mobilisation of the gilets jaunes (“yellow vests”) protest movement marks an important step in the development of the class struggle in France. With no party, no union, and no pre-existing organisation, hundreds of thousands of people have participated in this movement against a tax increase on diesel and petrol, sweeping aside the pseudo-concessions and threats of the government. They are supported by a large majority of the population.
[Video] The 2008 crash to now: a decade of crisis Rob Sewell, editor of Socialist Appeal(British paper of the IMT) spoke at the Revolution Festival in London about the 2008 financial crisis, 10 years after the fact. He explains that we are living through perhaps the greatest ever organic crisis of capitalism, from which there has been no meaningful recovery; and that all attempts to deal with the fallout of 2008 (from quantitative easing to austerity) have now disrupted the social and political situation.
World’s biggest money-laundering scandal: the true face of Danish capitalism Upwards of a trillion-and-a-half Danish kroner in “dirty money” (an amount that corresponds to about 60 percent of the Danish GDP) appears to have passed through the Danish financial giant Danske Bank. This case is just one in a long series of scandals, which show that the bourgeois rule of law is an illusion.
Mexico: Alan Woods speaks about world capitalist crisis at Leon Trotsky House Museum On Friday 16 November, with 80 comrades present in a packed auditorium, Alan Woods, leader of the International Marxist Tendency, spoke about the global crisis of capitalism and the international class struggle, at the Leon Trotsky House Museum.
[Video] The French Revolution of May 1968 Speaking at the main rally of the recent Revolution Festival in London, Alan Woods, editor of In Defence of Marxism, gives a first-hand account of the revolutionary general strike that shook France in May 1968. As Alan explains, the huge events of May 68 began as student protests, with the youth acting as a barometer for the rising pressures in society. The working class (which many short-sighted left-wingers had written off as being "middle class") soon came in support of the students, and the movement developed into a mass strike.
North America: violence comes from the right On 27 October, Robert Gregory Bowers, a far-right activist, gunned down 11 people at the Tree of Life Congregation Synagogue in Pittsburgh while yelling "All Jews must die!" This was the deadliest attack on the Jewish community in US history. A few days before the Pittsburgh attack, pipe bombs were mailed to prominent critics of US president Donald Trump, including Hillary Clinton, George Soros and members of CNN’s New York bureau. While these events are shocking, they should not surprise anyone. This is just the most recent on a growing list of atrocities committed by the far-right...
[Video] Martin Luther King and the black struggle On 4 April 1968, Martin Luther King Jnr. was assassinated: shot in cold blood whilst standing on the balcony of his hotel room in Memphis, Tennessee. 50 years on, speaking at the recent Revolution Festival in London, Fred Weston looks at Martin Luther King's life and ideas, and discusses the way forward today in the fight against racism and for liberation.
Britain: the Brexit bombshell Finally, after months of fraught negotiations, the UK-EU negotiators have come up with a proposed deal. Written on the side, however, are instructions: light the blue touchpaper and stand well clear. All hell is about to break loose. From the point of view of big business, the draft deal is not too bad, tying the British economy to Europe. But for Tory Brexiteers, in particular, the deal is toxic.
November 1918: how occupied Belgium was liberated by German revolutionary soldiers The German Revolution of 1918 ended the First World War. During a little-known episode of the Revolution, German soldiers liberated Belgium from a brutal military occupation before the armistice of the 11 November was signed. This revolutionary movement was also crucial in pushing through a swift introduction of universal general suffrage in Belgium.
USA: NYC Marxist School launches The Revolutionary Philosophy of Marxism On the weekend of 10-11 November, the NYC comrades of the International Marxist Tendency hosted the 2018 Northeast Regional Marxist School. There was record turnout for an IMT event in the USA, with nearly 90 registered attendees from Boston, Philadelphia, New York, New Jersey, Pittsburgh, Washington, DC, Minneapolis, Toronto, Montreal – and London!
Chinese authorities increase crackdown on workers and students In recent months, a protracted struggle has been underway in China, with workers and students standing in solidarity against the pro-capitalist regime. This is highlighted by the recent, brutal clampdown on student activists involved in worker solidarity.
Is Italy turning to the right? The realm of truth and of fiction The conflict between the Italian government and the “Troika” (the European Commission, European Central Bank, and International Monetary Fund) is making news headlines around the world. To understand fully the meaning of this clash and its consequences, we need to go back to the political earthquake of the 4 March elections.
Italian debt crisis haunts Europe A crunch point is approaching in the ongoing saga surrounding the highly-indebted Italian economy. This could spark a revival of the dormant euro crisis.
The German Revolution of 1918 Coming just one year after the mighty events of Red October in Russia, power was taken into the hands of the masses. Yet the socialist revolution ultimately failed. The consequences of that failure would be most brutally felt over a decade later with the rise of fascism in Germany and the consolidation of Stalinism in Russia.