Here we post a video of a speech by Lynn Walsh, editor of Socialism Today (political journal of the Socialist Party, England & Wales) on the crisis in the world economy and international perspectives. An article dealing with some of these themes in more detail will be included in the new edition of the Socialist
Lynn Walsh: A world in crisis from Stephan Kimmerle on Vimeo.
The innocuously named An Bord Snip Nua report which has just been published contains a menu of vicious cutbacks and job losses aimed at working people, the unemployed and their families.
Following the initiative of Joe Higgins and the other left Members of the European Parliament to organise a European Week of Action in June against the cuts and bank bailouts, the idea of the need for a continent-wide response from workers to the crisis has taken a firmer hold with the call by the European Trade Union Confederation (ETUC) for a day of protest on 29 September. Towards a 24 hour all-European general strike!
In the midst of talk about Ireland’s exit from the Troika programme and recovery supposedly in sight, the mortgage crisis affecting hundreds of thousands of ordinary people is being deliberately understated.
Capitalist leaders are in disarray as they strive and fail to get to grips with the eurozone crisis and its threat to the global economy. Neither the G20 summit in Mexico, nor crisis talks in Rome offered any solutions, as politicians and economists desperately try to hang on to the eurozone roller-coaster.
