National Sections of the L5I:

Economy

Bangladesh: oppression and misery in the delta

On 3 May, in Savar, Bangladesh, garment workers and their supporters staged a peaceful protest against a sudden wage cut. The management of Ring Shine called in police, who attacked the 1500 strong gathering. Read more...

A balance sheet of our perspectives

At the December 1998 International Executive Committee (IEC) of the LRCI we set out our perspectives for the class struggle in the year ahead. Read more...

1929: the Wall Street crash

Bill Jenkins remembers the Wall Street crash of 1929, seventy years ago this month, which plunged the world economy into recession, and punctured capitalism’s dreams of an endless golden future Read more...

East Asia: crisis spurns revolution

East Asia was hailed as the most dynamic region of the capitalist world in the early 1990s showing the rest of the "emerging markets" the shape of their own future. Now, as Michael Proebsting reports, that future is likely to be rather different as slump provokes misery and revolutionary crises. Read more...

American capitalism on the edge of a nervous breakdown

The last ten years have seen US stock markets boom as the country experienced its longest post war economic upturn. Keith Harvey asks, will the coming stock market crash push the world's superpower into steep decline? Read more...

Crisis theory and modern capitalism

As the profit system peers over the edge of the abyss Colin Lloyd and Keith Harvey explain why mainstream economics is powerless to assist Read more...

Against the market: Planning the future

If "deregulation" was the buzz word of the 1990s boom, "supervision" looks set to be the received wisdom of the turn of the 21st century recession. Whether it is the European Union trying to make its economies converge for monetary union or the G7 responding to the Asian crisis by suggesting that the World Bank and International Monetary Fund should oversee international flows of capital, the need to control the anarchy of the market is evident to big business and bourgeois politicians alike. Read more...

Asian economies: from boom to bust

The collapse of the Thai currency last summer unleashed a chain of banking and company failures throughout South East Asia. Keith Harvey assesses the likely effect on the world economy in 1998 and the impact on the Asian class struggle. Read more...

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