Suez Canal Blocked

Anne Engelhardt is a member of Sozialistische Alternative (ISA in Germany). (Human) Crisis in Maritime Shipping Industry For six days the Ever Given, one of the biggest global container ships in the world, blocked the Suez Canal. Having navigated into a sand storm, it turned sideways and got stuck in the shallow waters of the […]

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Word cloud of economic terms including MMT

Modern Monetary Theory or Marxism?

Tony Gong is a member of Socialist Alternative in the US. Winning the Green New Deal and Medicare for All The global economic crisis has made clearer than ever the need for social spending. Workers, students, and youth in the US are rallying behind Medicare for All (M4A), cancellation of student debt, and a Green […]

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GameStop: Stock Market Gambling

Conor Payne is a member of the Socialist Party (ISA in Ireland). The Billionaires Own the Casino The price of shares for GameStop went up 700% in the past week due to what people have called a “bloodbath” with small investors, organised through a subgroup on Reddit, going against a Wall Street hedge fund’s prediction […]

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No Vaccine Against Economic Depression

Eric Byl is a member of ISA’s International Executive. “Let us not, however, flatter ourselves overmuch on account of our human victories over nature. For each such victory nature takes its revenge on us.” F. Engel 1883 — Dialectics of Nature Many will have felt relieved at the successful development of a first generation of […]

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Nightmare of Neo-Liberal Ideology

The ruling class of society keeps control through a mix of repression, ideology and material provisioning of the population it rules. Repression alone is expensive and, in the long run, ineffective to keep power. Rulers usually have to provide some material protection and provisioning of society, whether that is keeping the people of a city […]

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