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Analysis Europe World

June 25 elections in Greece

The June 25 elections in Greece confirmed, but also reinforced, the harsh negative features of the results of the “first round” of the May 21 election. In the new parliament, the sum of the right and the far-right parties reached 200 seats (out of a total of 300), thus creating a correlation of parliamentary forces that is unprecedented in the years following the overthrow of the military dictatorship in 1974.

Analysis Politics United States

A different road for socialists

Our work has been devoted to essentially arguing a negative point—that it’s fundamentally wrong to see any part of the Democratic Party as the road to social change. This viewpoint obviously poses a major question: if socialists shouldn’t be supporting Democrats, then what should we be doing instead? What is our alternative course of action?

Analysis Movements United States

The Package King faces an uncertain summer

UPS has told management and supervisors to be at work in early August to handle a possible strike. So there may be some serious contingency planning behind the “win-win” veneer. Interestingly, UPS competitors, such as FedEx, are positioning themselves to sweep in and grab UPS customers if there is a strike.

Analysis Politics United States

The end of Trump?

2024 will become, as every national election since 2016 has, a referendum on Trump and MAGA. In that circumstance, Joe Biden—despite holding the support of only about 40 percent of the public—will have to be favored by the Democratic Party for reelection, assuming a health crisis doesn’t derail the octogenarian president.

Art & Literature

Review: Memorial Day Massacre: Workers Die, Film Buried

The film, Memorial Day Massacre: Workers Die, Film Buried, available to view for free at your local PBS station until May 1, 2024, shows not only how U.S. corporations have historically used murderous violence to prevent workers from organizing into unions, but also why most workers are not aware of this history: The corporate media has systematically suppressed it from being reported to the public.

Marxist Education

Why workers need their own party (part 2)

The previous installment of this two-part series covered the emergence of independent working-class politics in the era of Marx and Engels. This article takes the history up to contemporary times to show how different conceptions of a working-class party reflect different conceptions of its ultimate aim.

Analysis Latin America World

Chile: In free fall. Reformist defeat reloaded.

On May 7, the Chilean right scored a major victory in elections to choose delegates to draft a new constitution for the country. The conservatives, who mostly want to maintain the current constitution drawn up under the Pinochet dictatorship, have more than the 60 percent support in the constitutional council they need to write the new constitution without having to offer any concessions to the left.

Analysis Global Economy World

G7: Where is that recession?

Marxist economic theory suggests that slumps will happen when the profitability of capital starts falling; eventually leading to a fall in total profits in an economy.  Those profits can further be squeezed by increases in the cost of capital i.e. interest costs on borrowing.