Solidarity 144, 15 January 2009

£20 billion more "socialism for bosses and bankers" shows market breakdown

Author: 
Martin Thomas

First, the Government semi-nationalised the banks. Now, it is quarter-nationalising the everyday process of trade credit, with the announcement on 14 January of Government guarantees for some £20 billion on loans made by banks to firms for "working capital", i.e. the cash they need to be able to pay wages and bills before their sales income comes in.

The reactionary right-wing politics of the Gaza demonstrations

Author: 
Sean Matgamna

[For those who have been directed to this article in reference to why the AWL opposes boycotts of Israel, see 'Why left-wing students should not support boycotting Israel'.]

Israel's offensive in Gaza is in the tradition of the US-British slaughter of Iraqi conscript soldiers retreating from their occupation of Kuwait at the end of the first Gulf war in 1991. An American soldier described that as "like shooting fish in a barrel". So in Gaza now.

"Che": Revolution as icon

Author: 
Becky Crocker

Review of "Che: Part One"

This is a war film with a political backdrop. The action follows the revolutionaries’ landing in Cuba in December 1956, their trekking covertly through forests, taking of military bases, gaining support of the locals, street-fighting in Santa Clara to being days from taking Havana in January 1959. (The taking of Havana will come in Part Two).

Israel must withdraw from Gaza and the West Bank!

AWL Gaza poster
Author: 
Editorial

“An individual, a group, a party or a class that is capable of ‘objectively’ picking its nose while it watches men drunk with blood, and incited from above, massacring defenceless people is condemned by history to rot and become worm-eaten while it is still alive. On the other hand, a party or a class that rises up against every abominable action wherever it has occurred, as vigorously and unhesitatingly as a living organism reacts to protect its eyes when they are threatened with external injury — such a party or class is sound at heart.”

L D Trotsky, February 1913 (On the Balkan Atrocities)

What Israel is doing in Gaza now is the equivalent of a group of self-righteous cops taking shots — with a bazooka — and lobbing hand grenades at individuals scattered through a dense crowd in a market place from which all the exits have been closed off. The worldwide outrage is perfectly justified.

Marxist economists comment again on the crisis: 2. Fred Moseley - The bondholders and the taxpayers

Fred Moseley
Author: 
Fred Moseley

The world economic crisis took a sharp turn for the worse in September 2008. Some of the Marxist economists who had discussed the crisis in our first series of interviews, March-July 2008, have commented again. No.2: Fred Moseley.