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Tag Archives: Economic crisis

2018: Capitalist turmoil will continue

By Peter Taaffe, general secretary Socialist Party England and Wales   “Biggest fall in living standards for a generation.” “Sharp rise in child poverty as cuts bite.” “700,000 young people and pensioners join ranks of Britain’s poor in four years.” ...

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Marxist perspectives for Scotland: Mass struggle and socialism will challenge capitalist austerity

This statement was written by the Executive Committee of Socialist Party Scotland for the party conference which took place in late November 2015.  Following discussion, amendment and voting, the document was agreed by the conference. The statement was written before ...

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World capitalist crisis leading to mass struggle

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Kevin Parslow, Socialist Party (England and Wales). Posted 30th July 2013

"We stand on the eve of convulsive events, the greatest in world history, of which the mighty movements in these countries are the precursor." This was how Peter Taaffe of the CWI’s International Secretariat described the current international situation in the session at this year’s CWI summer School on the ‘Capitalist World in Turmoil – the crisis and the class struggle today’. The "mighty movements" he referred to were the huge protests in Turkey, Brazil, Egypt and South Africa over the last 12 months, which have shown the colossal power of the masses once they move into action. These have followed on from the protests against austerity in Europe of the last few years.

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