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More evidence that capitalism has become a danger to humanity
... priorities, while the CDC (Centre for Disease Control) budget in the US was cut from $10.8 billion in 2010 to $6.6 billion in 2020, the US has just passed a rearmament budget of $738 billion. China’s annual defence budget is estimated at $250 ...
ICConline - 2020-03-17 11:05
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The attitude to education in the historical workers’ movement
... period of transition to a truly human community". WR, March 2021 Part 1: A class sunk in ignorance may revolt, but it ... they think people will fall for. The SWP in its alternative budget last month promised £12bn while the Socialist Alliance went for £22bn ...
ICConline - 2021-03-22 09:01
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Report on an ICC Public Forum in New Delhi - Economic crisis and class struggle
... spoke of the open expressionsof this crisis: spiraling of budget deficit of Greece to 13.6%, its Debt to GDPratio to 115%, downgrading of ... in Europe are in the same or worsesituation. At 12%, Budget deficit of Britainis second highest in Europe, followed by Spainat 11.2% ...
Communist Inter... - 2010-06-01 23:57
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A “shining example” of capitalist collapse
... to go into recession there has followed, from the emergency budget of October 2008, an escalating series of austerity measures and funds ... in the revolutionary overthrow of capitalism. WR 1/12/10 Geographical: Ireland Recent ...
World Revolution - 2010-12-14 11:45
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The world economic catastrophe is unavoidable
... 2010 was $14,624bn, which gives an idea of the scale of the budget cuts, and thus the slashing of public sector jobs, implied by this ...
International Review - 2021-08-27 17:48
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Re-election of President Obama: The Bourgeoisie Prepares to Enact Austerity
... programs, which account for a large share of the nation’s budget woes. It is true that the policies advocated by former VP candidate ... days of President Clinton, who raised taxes and balanced the budget while presiding over the “largest economic expansion in American ...
ICConline - 2021-06-04 23:09
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Where is the economic crisis?
... a tional debt is itself about to exceed the huge Federal budget deficit . .. The US gov e rnm e nt pa y s r ...
International Review - 2010-07-30 23:36
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Downgrading the notion of economic recovery
... after far-right politician Geert Wilders pulled out of budget talks threatens to move the political battle over austerity from ...
World Revolution - 2012-05-08 19:36
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What point has the crisis reached?: The myth of the economic recovery
... and industrial production, falling inflation, reduction in budget deficits, increasing profits. Two pages later, the OECD writes: “ If ... is merely, in the final analysis, a bluff. The federal budget deficit has tripled in two years, from $70 billion in 1981 to $179 ...
International Review - 2010-12-10 22:42
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Labour or Tory, they all attack our living standards!
... and others relying on benefit were a feature of every budget, with each ‘new deal’ or ‘hand up, not hand out’ representing a ... drawn up by the previous Labour administration” ( WR 25, August 1979). Today, David Cameron has made it clear that a ...
World Revolution - 2021-06-04 21:00