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Best years of your life?

Submitted by WorldRevolution on December 12, 2011 - 20:57

It’s not much fun being young at the moment. If you manage to stay in education you end up accruing large debts only to be told standards are slipping and the only reason you’ve passed is because the exams are so easy now. On the street you’re either patronised as a ‘chav’ or feared as a ‘hoodie’. Everything from the summer riots to cultural decline is down to you and your self obsessed, greedy individualism: you just can’t win.

Why do the capitalists cut jobs?

Submitted by InternationalReview on January 6, 2011 - 00:57

It's not for fun that the capitalists refuse to exploit a growing number of workers or to carryon exploiting the old ones.

25 years of growing unemployment

Submitted by InternationalReview on January 6, 2011 - 00:54

For a quarter of a century, s<

Persistent unemployment shows the deepening of the crisis

Submitted by WorldRevolution on October 5, 2010 - 20:01

In the Communist Manifesto, Marx describes the result of economic crises: “an epidemic that, in all earlier epochs, would have seemed an absurdity - the epidemic of over-production”. Why is overproduction an “absurdity”? Because it is not overproduction in terms of actual human need but in terms of the market requirements of capitalist accumulation; real human beings may starve to death but where there is no profit, capitalism will not produce food.

Failure to Extend Unemployment Benefits Reveals Impasse of the US State

Submitted by ICConline on July 17, 2010 - 12:26

Since the summer of 2007, the United States federal government has extended benefits under the Emergency Unemployment Compensation (EUC) program to unprecedented levels amidst the most serious unemployment crisis the nation has experienced since the great depression of the 1930s.

Unemployment: The ruling class takes preventive measures against the rise in workers' anger

Submitted by InternationalReview on May 30, 2010 - 05:03

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Economic Crisis: A "Recovery" Without Jobs

Submitted by InternationalReview on March 7, 2010 - 00:57

Apparently all the economic statistics are clear: the world economy is finally coming out of the worst recession since the war. Production is increasing, profits are returning.

World economic crisis: The explosion of unemployment

Submitted by InternationalReview on February 27, 2010 - 02:51

The beginning of 1994 has been marked by a major reality: the worldwide explosion of unemployment.

Rising unemployment exposes talk of ‘recovery’

Submitted by WorldRevolution on September 7, 2009 - 09:40

It's necessary to be suspicious of all the economic statistics produced by the ruling class. However, it is interesting to note the claim that France, Germany and Japan, among some other smaller economies, are no longer in recession. What does this actually mean in practice?

Where are we in the economic crisis? Recession, unemployment, inflation

Submitted by InternationalReview on July 6, 2009 - 10:52

Unemployed, but not counted in the statistics: An inside account of the ‘New Deal’

Submitted by ICConline on April 8, 2009 - 09:55

David Blanchflower was the man on the Bank of England's Monetary Policy Committee who correctly predicted that the official figure for unemployment in the UK would reach 2 million when it did. He now says that rising jobless figures have "the taste of something horrible" and he "could easily see unemployment reaching 4 million."

Campaign about greedy bankers to hide the depth of the crisis

Submitted by WorldRevolution on March 9, 2009 - 22:02

The main reason for the concentration on the remuneration of undeserving bankers is to distract from the seriously bad news that is accumulating about the world economy, and to give the impression that the state has a workable strategy for dealing with the credit crisis and the recession.

Out of the Frying Pan, Into the Fire: Victimized During the “Recovery” Workers Face a Deluge of Attacks

Submitted by InternationalismUSA on October 20, 2008 - 19:28

The ruling class likes to call the period of time that goes from one recession to another a "recovery." What was unique about this alleged period of capitalist "prosperity" was that the living conditions of the working class actually continued to deteriorate at an alarming rate.

In Britain, as elsewhere, capitalism wants the working class to bail it out

Submitted by WorldRevolution on October 6, 2008 - 20:31

The current financial crisis means a fall in living standards for the working class.Credit is close to unobtainable; prices of everyday necessities are rising far higher than official inflation; unemployment is up and growth at a standstill.
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