Greek masses in peril

May 6, 2015

The rulers’ economic squeeze on Greece is intended to be an ideological prison for the working masses of Europe. Left tendencies aim to use the state to save capitalism or move toward socialism—rather than releasing self-activity of masses in motion as the prime mover of social transformation.

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Reactionary U.S. election shows capital’s contradictions

September 10, 2012

by Ron Kelch

“We built it!” roared the delegates at the Republican Party convention in Tampa. It was the perfect expression of the presidential campaign and of capitalist thinking in general. The truth is that workers built the social wealth. Capitalists take it from the workers, and the government gets a portion.

Mitt Romney and Paul Ryan [=>]

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Spain, Greece, Europe: capitalist crisis and revolt

July 10, 2012

by Franklin Dmitryev

When the bailout of banks in Spain, the Eurozone’s fourth largest economy, was announced on June 9, the immediate reactions revealed the two worlds that exist in every country. The Spanish masses intensified their protests, marching directly on both banks and government, while Greek and Spanish workers exchanged messages of solidarity against the [=>]

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From the Writings of Raya Dunayevskaya: Deep recession, rate of profit and the supreme commodity, labor power

September 12, 2011

From the Writings of Raya Dunayevskaya

Editor’s note: Written in the midst of the last double-dip recession in the U.S., the piece excerpted here was originally titled, “In the U.S. and globally: deep recession, military buildup and the pulling apart of political alliances.” It was published as the lead article in the April 1982 N&L.

The depth of [=>]

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Political spectacles cannot hide reality of deranged capitalism

September 11, 2011

by Ron Kelch

At the end of a months-long political spectacle in Washington–manufactured over irrelevancies concerning what should have been a routine raising of the national debt limit before the Aug. 2 deadline–reality struck with a bombshell: the anemic “jobless” recovery in the U.S. has stalled. The economy is getting worse and there is no solution [=>]

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