Britain

50 years after the revolutionary events of 1968, one hundred revolutionary Marxist students gathered at SOAS in London for the annual Marxist Student Federation conference. With comrades from Glasgow to Southampton present, the Federation’s fifth conference was its most enjoyable yet.

A new campaign has been launched by British Labour Party and trade union members called Labour4Clause4, which aims to restore Clause 4 and commit the Labour Party to socialist policies. This campaign has the full support of Socialist Appeal (British section of the IMT). We call on local Labour parties, trade union branches, and student societies to endorse it wherever possible.

A recent poll finds that young people in the UK today see capitalism as more dangerous than communism. But what has really sent the establishment into a frenzy is Marxist student Fiona Lali's defence of communism on BBC Radio 4.

Workers in Britain have been under attack from the bosses and the Tory government for years. And yet many trade union leaders do not seem capable of fighting back. This is one of the reasons that unions last year experienced the biggest single drop in their membership since records began. Total union membership is now just 6.2 million workers, compared to 13.2 million in 1979.

The collapse of Carillion has come as a shock to the company’s workers and the public who rely on its services. But it seems that Westminster politicians and City bankers were fully aware of the dodgy dealings going on at the construction and outsourcing giant.

By kicking off 2018 with a cabinet reshuffle, May had intended to re-establish her authority over the Tory Party and her cabinet. The Prime Minister hoped to send out a signal that her administration had found a new stability. But it was not to be.

Pharmaceutical giant Pfizer will stop research on Alzheimer’s and Parkinson’s disease, and is expected to lay-off 300 research and development staff in Massachusetts and Connecticut, in a move that could severely hamper progress towards effective treatments for these illnesses – proving that critical medical research cannot be left in the hands of capitalist profiteers. Corporations like Pfizer should be expropriated and their assets, data and equipment placed under democratic control, to be used for the betterment of mankind.

One phone call from Arlene Foster to the British Prime Minister Theresa May was enough to halt a deal between the European Union and British government, already agreed on Monday 4 December. Arlene Foster is the leader of the Democratic Unionist Party (DUP) in Northern Ireland: a right-wing party with its roots in the anti-Catholicism of its former leader Ian Paisley. It is also pro-life, anti-gay and deeply reactionary.

On Monday 4 December, it was finally announced that a deal on phase one of the Brexit negotiations was about to be struck. The Financial Times lauded the Brexiteers' “surprising realism” in a negotiation described by one former head of the Treasury as more like a “drive-by shooting” than a negotiation.

Investment banking giant Morgan Stanley recently published a report that warned its clients about the possibility of a general election in 2018 and - in turn - of a Corbyn-led Labour victory. Such an outcome, the bankers described, would be a “worse threat to business than Brexit”.

British capitalism is clearly in a parlous state. The miserable spurt of growth of a few years ago has completely run out of steam, leaving the UK in a disastrous position. All the economic forecasts from the top institutions for the coming period have been downgraded from those of a year ago.

Richard Leonard, the left candidate for Scottish Labour leader, has won a close fought race to succeed Kezia Dugdale. His victory represents the most significant gain for the Left in its struggle to win control of the overall party since Corbyn’s victory itself.

The lack of any major announcements in this year’s budget, delivered on 22 November by the chancellor, Philip Hammond, reflects the insoluble web of contradictions that now entangles the Tory government.