Britain

Rob Sewell looks at the damning condemnations against the capitalist system being uttered by none other than the capitalists themselves. By examining the ominous warnings of the Financial Times - a key bourgeois mouthpiece - Rob explains that even the capitalists see the writing on the wall...

Just when Theresa May and the Tories would have been hoping for some respite after a dismal conference period, the OBR (Office for Budget Responsibility) has sent a shockwave through British political and business circles. In its annual “Forecast Evaluation Report” (FER), published this month, the OBR downgraded the UK’s economic outlook, having revealed that both GDP and productivity growth had consistently fallen short of OBR predictions over the last two years.

Tal como analiza Josh Holroyd, el futuro para el Reino Unido y la UE bajo el capitalismo es: estancamiento, depresión y austeridad. El caos del Brexit es un precursor de nuevas crisis en Europa mientras el sistema continúa desmoronándose.

Theresa May, having ridden high in the nine months following her coronation as Tory leader and prime minister back in 2016, has now met with a dastardly fall. Since the June general election result - which robbed her of her parliamentary majority - everything seems to have gone belly up.

The Brexit negotiations appear to have ground to a halt. “There was nothing, zero, no progress,” said one official last week. Not surprisingly, there is now a deep sense of frustration, not to mention deep anxiety, about where things are heading. Philip Hammond, the current chancellor, has even warned that a “no deal” scenario would ground all aircraft on day one, clog up all the ports and impose a “hard” border in the North of Ireland.

 As Josh Holroyd discusses, the future for both the UK and EU under capitalism is one of stagnation, slump, and austerity. The chaos of Brexit is a precursor to further crises in Europe as the system continues to unravel.

Socialist Appeal (British section of the International Marxist Tendency) will hold its October Revolution festival in one week. Don't miss out on this incredible celebration of Marxist ideas on the centenary of the Russian Revolution.

Daniel Morley discusses the bold measures needed to ensure that the policies outlined in Corbyn's recent speech to Labour conference are realised in practice.

Despite Labour riding high in the polls, Corbyn’s critics are desperate to appease big business and the banks by remaining in the European Union and maintaining the status quo. As a result of vocal outrage from the right-wing of the party, Labour have made a U-turn on the question of Brexit. Corbyn and the Left should be fighting for a socialist alternative.

20 years ago today, on 31st August 1997, Diana, Princess of Wales, died as a result of injuries sustained in a car crash in Paris. In the following weeks, a spontaneous mass outburst of grief and emotion swept across the country, catching the Royal Family and the whole Establishment by surprise.

Rob Sewell, editor of Socialist Appeal, replies to sectarian slanders and points the way forward for the unions in the fight to reclaim the Labour Party, defend Jeremy Corbyn, and fight for socialist policies.

At the recent annual general meeting of the RMT, the rail union, the question of affiliation to the Labour Party was discussed, after being rejected last year. At a packed conference fringe meeting John McDonnell, the shadow Labour chancellor, made a personal appeal for the union to “come home” to Labour.

Nigh on ten years from the initial announcement of the building of two aircraft carriers, the first behemoth, HMS Queen Elizabeth, inched towards the sea under the Forth Bridge on its way to its first sea trials.

As the election results came in after the polls closed in June, expressions of shock were to be seen not only on the faces of the Tories and press commentators (who had all expected a large Tory win), but also on the faces of the Labour right wing. They had spent months arguing that Jeremy Corbyn and the ideas he stood for were huge vote losers and that a thrashing for Labour was on the cards come a general election. How wrong they all were.

Photo: Socialist Appeal

The mood was jubilant and euphoric in central London on Saturday 1st July, as chants of “Oh Jer-e-my Cor-byn!” rang out through the streets of Whitehall and Westminster.

Tory-DUP coalition

After a thin Queen’s Speech and long negotiations, Theresa May and DUP leader Arlene Foster finally appeared outside Downing Street earlier this week to shake hands on the deal that will keep May in power - for now.