Tom Crean is a member of Socialist Alternative in the US. As we enter a new year, it is evident that on many fronts the situation facing the human race is dire. Of course, there are commentators who insist the opposite (we’ll refer to them again later). But most people know the trendlines are bad. […]
Continue Reading
Tom Crean is a member of Socialist Alternative in the US. The collapse of the Silicon Valley Bank last week has opened up a significant financial crisis for US capitalism which now appears to be spreading to Europe. It is too early to say whether this is the beginning of a more full-blown crisis that […]
Continue Reading
Tom Crean is a member of ISA’s International Executive Committee. Russian Offensive Begins as Ukraine War Escalates One year on, not only is the war far from over, it is clearly escalating with the possibility of becoming a much wider conflict. The horrific war in Ukraine, which began nearly a year ago, is by far […]
Continue Reading
Tom Crean is a member of Socialist Alternative in the US. Article after article in the mainstream corporate media in recent weeks has stated that the war in Ukraine has accelerated a radical realignment in the world economy that is termed “deglobalization.” Martin Wolf, the chief economics editor of the Financial Times stated recently that […]
Continue Reading
Tom Crean is a member of Socialist Alternative in the US. As International Socialist Alternative stated earlier this year, the predictions for a roaring economic recovery by capitalist institutions like the IMF were based on overly optimistic assumptions. The latest crisis affects the supply chains. Over 100 container ships unable to unload in the Port […]
Continue Reading
Tom Crean is a member of Socialist Alternative in the US. Twenty years after invading Afghanistan in 2001, US troops are leaving along with other allied forces. Thousands of US and allied troops were killed in the endless war with the Taliban, tens of thousands were injured while hundreds of thousands of Afghan people lost […]
Continue Reading
Tom Crean is a member of Socialist Alternative in the US. The devastation caused by the pandemic-triggered global downturn in 2020 is hard to overstate. It was the biggest economic contraction since the Great Depression of the 1930s. Across the world, working hours equivalent to 255 million jobs were lost. The World Bank estimates that […]
Continue Reading
Tom Crean is a member of Socialist Alternative in the US. Biden Gets Ready to Wage A Global “Democracy Offensive” The conflict between a rising Chinese state capitalism and waning US capitalism has emerged as the defining global conflict of our time. Under Trump, the US imposed massive tariffs on China, banned the technology company […]
Continue Reading
Tom Crean is a member of Socialist Alternative in the US. A devastating pandemic has triggered a deep economic downturn which comes only a decade after the Great Recession that already exposed capitalism’s rot. Institutions have lost credibility and political polarization is at unprecedented levels. Beyond this, the clock is ticking towards irreversible climate change. […]
Continue Reading
Tom Crean is a member of Socialist Alternative in the US. What should a new party of the left based on the interests of working people look like? Working people in the U.S. are facing a crisis of massive proportions. Decades of neoliberal attacks on unions and the gains of working people have created the […]
Continue Reading