This new bubble underscores the extremely parasitic nature of capitalism and the need for a socialist alternative. Stock markets in the US are reaching record levels led by the “Magnificent Seven” tech giants, with hundreds of billions being invested in new energy and water-hungry datacenters, and trillions more planned. At the same time however, voices […]
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The second of two articles on the ongoing trade standoff between the two biggest imperialist powers, China and the US (part 1) The TikTok deal – if there will be a deal – is an important element in the wider conflict between Donald Trump’s government and the Chinese regime. Using a military analogy, we can […]
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Karl Marx thought that capitalism would be overthrown by the working class, and replaced with a socialist society. But some academics are asking: what if Marx got it wrong? What if capitalism has already died — but rather than socialism, it has been replaced by something resembling feudalism. This raises the question: how do Marxists […]
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Tony Gong is a member of Socialist Alternative in the US. What Does ChatGPT Mean For Workers? The AI threat to livelihoods is spurring a growing anti-AI mood to resist automation. However, the conflict is not between AI and humans, but between workers and the bosses who use AI to exploit workers harder, deskill their […]
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Keishia Taylor and Eddie McCabe are members of the Socialist Party (ISA in Ireland). The tech sector is in turmoil — facing its worst crisis since the dot-com bubble burst in the late 1990s. Stock prices are fluctuating wildly, profits are being squeezed, and hundreds of thousands of workers have been laid off. Tech companies […]
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James McCabe is a member of the Socialist Party (ISA in Ireland). Amazon has announced it will establish a Data Centre in Calgary, news much welcomed by politicians as a job creator and sign of a tech future for Calgary. No reality check of the huge use of electricity or water, both issues in Calgary. […]
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George Martin Fell Brown is a member of Socialist Alternative in the US. Video games can be light entertainment or serious art, but they’re also big business. 2013’s Grand Theft Auto V currently stands as the most financially successful entertainment product in history. In recent years, the video game industry has come under increasing scrutiny […]
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Vincent Kolo is a contributor to chinaworker.info. Rising U.S.-China Tensions: A New Era of Conflict The escalating U.S.-China conflict is nothing short of a major crisis for global capitalism. With negotiations having all but collapsed there seems to be no “exit ramp” from the trade war that began in July 2018. This crisis points to […]
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