Cover page of Entreprenurial State by Mariana Mazzucato

“The Entrepreneurial State” by Mariana Mazzucato

Somewhere along the line, we’ve all heard these arguments in favour of capitalism: progress is based on competition, risk taking and innovation – capitalism encourages risk takers and rewards them; we might need state ‘enterprise’ for essential infrastructure like water and electricity but, in the area of new technology, the dynamism of the private sector will always […]

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China: Hard landing in 2015?

Vincent Kolo is a contributor to chinaworker.info. China’s economic slowdown already being felt throughout world economy “The most important number in the world, for the past 30 years and next five years, is China’s growth rate,” declared BBC Economics Editor Robert Peston. With a stream of data confirming a pronounced slowdown in the Chinese economy, […]

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World Economy: The great stagnation

Peter Taaffe is a member of the Socialist Party (CWI in England & Wales). Six years after the financial crash and economic slump, the world capitalist economy appears to be sliding towards a new downturn. The US is struggling through a feeble ‘recovery’. Germany and the eurozone seem to be edging towards a third recession. […]

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Ireland: Electoral surge against austerity

Danny Byrne is a member of the Committee for a Workers’ International. Ireland was no exception to the general rejection of pro-austerity governments in the European elections. Three sets of elections took place on 23 May: Local elections across the country; European elections and two by-elections to the Irish parliament. These were the first nationwide […]

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Members of CWI in Sweeden marching on Mayday 2013

Sweden: The reality of Swedish neo-liberalism

Per Olsson is a member of Rättvisepartiet Socialisterna (CWI in Sweden). Sweden once had a reputation as some kind of ‘social-democratic model’ with far-reaching public services and social support. But that has been dismantled by two decades of attacks – what the Economist magazine calls a ‘silent revolution’ Sweden has weathered the crisis and the […]

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