Democratic Socialist Movement

For Struggle, Solidarity and Socialism in Nigeria

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Recession, Recovery, Banks, and Bubbles – Workers Face Jobless Recovery Printer-Friendly

Recession, Recovery, Banks, and Bubbles – Workers Face Jobless Recovery Printer-Friendly Oct 28, 2009 By Alan Jones, Socialist Alternative (CWI in USA) The stock market reached the 10,000 mark in the middle of October. Wall Street investment banks like Goldman Sachs were preparing to dole out a record $140 billion in pay to their traders. If you only watch the

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World Economy

World Economy 80th anniversary of the Wall Street Crash Capitalist failure, then and now! Peter Taaffe, General Secretary of the Socialist Party (CWI England and Wales) Scant attention has been paid to the 80th anniversary of the October 1929 Wall Street Crash. Preoccupied with their own present devastating global crisis, the moneybags, the capitalists, can hardly repeat their theme of

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History

History 60th anniversary of Chinese Revolution Capitalism abolished, but power in hands of Stalinist Communist Party Survivors of the long march Vincent Kolo, chinaworker.info It is an especially nervous Communist Party (CCP) regime that presides over the 60th anniversary celebrations of the founding of the People’s Republic of China on 1 October. The regime is increasingly dependent on Olympic-style pageantry

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Honduras

Honduras Coup regime uses brutal repression on return of deposed President Zelaya For mass struggle to overthrow the coup regime; for socialist policies to end the rule of the oligarchs and army! Niall Mulholland, Committee for a Workers’ International Zelaya addresses crowds in capital The elected president of Honduras, Mel Zelaya, who was deposed by a right wing coup and

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Working class masses give president Zuma baptism of fire

South Africa Working class masses give president Zuma baptism of fire No honeymoon for Zuma government New government comes up against militant action Weizmann Hamilton, Democratic Socialist Movement (CWI in South Africa) Barely 100 days into Jacob Zuma’s presidency, the class contradictions that have produced political polarisation and then a split in the ANC, have sharpened with a vengeance. The

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Iran

Iran Where now for the Iranian revolution? Working class must decisively enter struggle Tony Saunois, Committee for a Workers’ International (CWI) Thirty years after the 1979 revolution Iran has again erupted in revolutionary convulsions as millions have taken to the streets to protest against the undoubted rigging of the Presidential election. Within a few hours of polls closing, President Mahmoud

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US: Modern capitalism and the “Swine Flu” outbreak

US: Modern capitalism and the “Swine Flu” outbreak Disaster worsened by profit system Andy Moxley and Aleida Vilchez, Socialist Alternative (CWI in USA) Mexico hit by flu epidemic While the swine flu epidemic has not revealed itself to be a pandemic, at least not yet on the scale of the 1918 Spanish Flu, it has exposed the role of profit

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Gaza: the nightmare continues

Gaza: the nightmare continues New ‘peace talks’ will not lead to genuine Palestinian state Niall Mulholland, CWI Three months after Israel’s war against Gaza that killed nearly 1,400 people, 314 of them children, and wounded thousands, conditions in the strip remain appalling and are worsening rapidly. The UN estimates that over 4,000 houses were destroyed by the Israeli Defence Force’s

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South Africa

South Africa ANC returned to power in landslide As class polarisation continues, black working class voters vest their hopes in Zuma …for now! Weizmann Hamilton, Democratic Socialist Movement (CWI in South Africa) On 22 April, in a record turnout that reversed falls in voter registration and polling in the two previous elections, 17.9 million voters — the highest number since

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World Capitalism In Crisis

Committee for a Workers’ International May Day 2009 Statement World Capitalism In Crisis We will not pay for the failure of the profit system! Get organized – Resist! For fighting unions and mass workers’ parties! For international solidarity and socialism! The Committee for a Workers’ International (CWI) sends warm May Day greetings to workers, youth and the oppressed everywhere. Socialists,

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GUINEA\’S LATEST MILITARY USURPERS AND THE WORKING MASSES

GUINEA’S LATEST MILITARY USURPERS AND THE WORKING MASSES Segun Sango, DSM General Secretary Guinea’s successful military coup has once again revealed the weak underbelly of what the imperialist west often erroneously called “democracy” in Africa. Within a few hours after the death of Lansana Conte, the military coupist turned life civilian President of Guinea, full-blown military rule was imposed on

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Nigeria\’s Foreign Reserve: How Safe?

Nigeria’s Foreign Reserve: How Safe? By Peluola Adewale, Democratic Socialist Movement, Lagos At present, Nigeria’s external reserves, put currently at $63bn, are placed at the disposal of global financial sharks to gamble with, while there are monumental developmental challenges facing the country which require the injection of huge resources. Global capitalism is now in the midstream of financial meltdown. In

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IF OBAMA WINS

IF OBAMA WINS Looking beyond the hope bubble – a Nigerian view on the US Presidential elections By Taiwo Hassan Soweto, Democratic Socialist Movement (CWI in Nigeria) Americans have a decision to make on November 4, when the US presidential election is to be held. Evidently, Barack Obama’s candidature and campaign for the presidential seat has become a global phenomenon,

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Capitalist crisis

World economy Capitalist crisis Karl Marx was right Editorial from September 19 edition of The Socialist, weekly paper of the Socialist Party, CWI in England and Wales, and, at the end, comments by a prominent US economist who has come to the same conclusions, albeit from a capitalist standpoint, as the CWI regarding the crisis of the world economy. “It

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South Africa: August 6 General Strike paralyses the country

South Africa: August 6 General Strike paralyses the country Workers feel their power This report was received from Sabelo Xotyeni, a member of the Democratic Socialist Movement, CWI South Africa. Wednesday August 6 saw a magnificent display of the power of the organised working class in South Africa. More than 200,000 workers took to the streets in over a dozen

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South Africa

South Africa Xenophobic pogroms reveals capitalism’s barbaric underbelly Violence a warning to working class Weizmann Hamilton, Democratic Socialist Movement (CWI South Africa) The wave of xenophobic pogroms that have swept through the squatter camps adjoining black working townships across Gauteng, South Africa, over the past ten days, has, so far claimed, more than 30 lives and has left over 10,000

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World food crisis

World food crisis Price hikes produce poverty and rebellion Robert Bechert, CWI, London Around the world, strikes, demonstrations and protests have erupted as millions upon millions of workers, peasants and poor face the horror of rapidly rising food prices. Haiti, Cameroon, Egypt, Indonesia are just some of the countries that have seen angry mass protests. The price hikes are shocking,

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World Food Crisis: Total Failure of Capitalism

World Food Crisis: Total Failure of Capitalism Workers and Poor Masses Should Struggle for Socialist Alternative By Peluola Adewale, Lagos On March 31, about 2000 poor masses hit the streets in Cote D’Ivoire chanting “we are hungry”, “life is too expensive”, while protesting the rise in food prices and attendant high cost of living. The Ivorian protests were aptly expressing

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KENYAN’S RIGGED PRESIDENTIAL ELECTION: A TRAGIC AFRICAN PHENOMENON

KENYAN’S RIGGED PRESIDENTIAL ELECTION: A TRAGIC AFRICAN PHENOMENON By Segun Sango On December 27, 2007, Kenyans voted in general elections to elect a new government. But as mostly happened in Africa, it is the ordinary Kenyans that instead got short changed. Against the run of public support and public opinion polls, President Kibaki, one of the 3 leading presidential candidates

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A revolutionary fighter – What is Che’s relevance today?

A revolutionary fighter – What is Che’s relevance today? Tony Saunois, CWI “..it is not for revolutionaries to sit in their doorways of their houses waiting for the corpse of imperialism to pass by” (Second Declaration of Havana, 1962) “Shoot, coward, you are only going to kill a man”. These, according to some accounts, were the last words of defiance