US corporate profits hit new record
US corporations are enjoying the largest profit margins since 1950 as the Biden administration pledges to oppose any public health measures in response to the pandemic that might impinge on profits.
Shannon Jones•
Markets bounce back after Omicron shock as governments decide to let it rip
Notwithstanding the rebound, Friday’s sharp fall again underscored the fragility of the entire financial system and its dependence on the flow of cheap money from the world’s central banks.
Nick Beams•
Justin Trudeau and Liberals inaugurate third term in office—austerity and mass infection at home, militarism and war abroad
As a winter wave of infections and death gathers pace, Trudeau’s government is eliminating pandemic relief for workers and abetting the provinces in scrapping virtually all remaining safety measures.
Roger Jordan•
Health and Social Care Bill’s naked onslaught on UK working class
“If you own a £1m house in the home counties, over 90% of your assets are protected. If you’ve got a terraced house in Hartlepool (worth £70k) you can lose almost everything.”
Paul Bond•
Jessica Goldstein•
Nick Beams•
our reporters•
Margot Miller•
Mauricio Saavedra•
Featured Analysis
The World Capitalist Crisis and the Tasks of the Fourth International: An analysis of the ICFI Perspectives resolution of 1988
This lecture was delivered to the Socialist Equality Party (US) Summer School on July 23, 2019 by Andre Damon, regular writer for the World Socialist Web Site and leading member of the Socialist Equality Party in the US.
Andre Damon•
Opening report by David North: The capitalist crisis and the fight for socialist internationalism
This is the text of the speech given by David North to open the International Online May Day Rally hosted by the International Committee of the Fourth International and the WSWS on Sunday, May 4.
Link to audio
David North•
World economy to take biggest hit since Great Depression
The IMF’s “baseline scenario” is that the world economy will lose $9 trillion in 2020 and 2021, equivalent to the combined economic output of Germany and Japan.
Nick Beams•
The coronavirus pandemic crisis intensifies
Capitalism is at war with society
The spread of the coronavirus has exposed the disastrous consequences of decades of the massive concentration of wealth and inequality spawned by capitalism.
Joseph Kishore, David North•
David North•
Joseph Kishore, David North•
David North•
Nick Beams•
Eric London•
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