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The responsibility of capitalism for the flood disaster in India and Bangladesh
... countries. We can have a very clear idea of this from the budget allotments of the present left-supported United 'Progressive' Alliance ...
World Revolution - 2004-12-24 02:04
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British capitalism attacks living standards on all fronts
... mortgages is estimated at £1 trillion and worsening (see WR 283 and 284, ‘Britain can’t escape the world economic crisis’ ). ... they would need to cut double that amount from next year’s budget.” ( Guardian , 27.2.06). This can only mean dire consequences for ...
World Revolution - 2006-03-08 11:01
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Capitalism can no longer provide for the old
... 10/3/9) or 15% of GDP. Parallel to this, the budget deficit has exploded as the state has attempted to rein in the worst ...
World Revolution - 2009-09-07 10:56
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Notes for a history of the workers' movement in Japan, part iii
... was again heading for military conquests. The military budget, which by 1921 – at the peak of the intervention against Russia – reached some 50% of the state budget, was never really reduced after World War I. Unlike Europe or the USA ...
International Review - 2016-03-26 17:13
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The capitalist crisis in the Eastern Bloc
... its economy for the army. While the USA devotes 6% of its budget to the army, the USSR, in order to retain credibility in the arms race, officially devotes 12% of its budget (in fact, at this level, the official figures are a permanent lie: for ...
International Review - 2009-01-03 21:03
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Who is who in “Nuevo Curso”?
... first in Economy and Finances as a general secretary for the budget and public expenses (1982-84) and secretary of state for Finances ...
ICConline - 2020-01-28 10:58
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Where is the economic crisis?: The perspective of recession has not disappeared
... - specially in the United States. American capital, whose budget deficit has played the part of major market for world growth, has ...
International Review - 2010-07-25 03:59
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June 2012 Euro summit: behind the illusions, another step towards disaster
... adopt as a fundamental law the necessity to reduce their budget deficits), it at the same time accepted going towards the mutualisation ...
International Review - 2012-12-13 21:30
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Brexit, Trump: Setbacks for the ruling class, nothing good for the proletariat
... Reagan’s colossal military build-up that really sent the budget deficit through the roof). This is not the first time the Republican ... in part, return to an isolationist foreign policy, let the budget deficit go through the roof, and expel 11 million illegal immigrants ...
International Review - 2016-09-27 19:57
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Spain, Portugal, the international struggle against austerity
... The Finance Minister said it was the most austere budget since 1977. Some commentators criticised the proposals for not cutting ...
World Revolution - 2013-07-07 17:55