Recent data has caused alarm amongst the ruling class, suggesting that inflation has become entrenched. In response, central bankers are looking to provoke a slump in the hope of quelling price rises. The only solution is socialist revolution.

Countries, businesses, and households across the world are drowning in debt. As interest rates rise, the danger of default looms. To avoid a catastrophe, calls for debt cancellation are not enough. Instead, we must fight for revolution.

The latest news shows that the economy is once again taking a turn for the worse. The Eurozone is in recession. China is slowing down sharply. The US is teetering on the brink. Another economic crisis is on the way.

As the rate of inflation continues to cut into the living standards of workers, some businesses are posting record profits. Some have pointed the finger at price gouging and the excess profits of big business as the cause. This phenomenon has been dubbed by trade unions and commentators as ‘greedflation’.

A new study by the London-based charity War On Want finds that, even though the global food system produces more than 2.6 times the average person’s caloric needs, 2.3 billion people lack secure access to healthy and nutritious food. How is this criminal contradiction to be explained?

The situation has gone from bad to worse for the world’s financial markets. After three bank collapses in the US and one in Switzerland, the markets are looking for the next weak link.

This morning, banking shares fell rapidly – not only in the US and not just regional banks, but all over the world – in the aftermath of the collapse of US regional banks, SVB Financial and Signature over the weekend. What caused their collapse and are there wider implications?

As the crisis of British capitalism deepens, drama at the top is playing out alongside a rising strike wave from below. North and south of the border, the political establishment is being shaken to its core. Revolutionary explosions impend.

new report from Oxfam titled ‘Survival of the Richest’, exposes what may be the biggest increase in global poverty and inequality since the Second World War. Such is the extent of the yawning chasm between rich and poor, that Oxfam’s CEO warned in his speech introducing the report that “the entire capitalist system is under threat”.

Healthcare systems across the world are facing a deep crisis in the face of austerity, rising healthcare needs and mass staff shortages. This is translating into a massive spike in excess deaths. People are perishing pointlessly under this rotten system. Only a revolutionary overthrow of capitalism can liberate public health from the yoke of capitalism.

In May 2022, the CEO of BlackRock declared that “the Russian invasion of Ukraine has put an end to the globalisation we have experienced over the last three decades”. He undoubtedly has a point. The war in Ukraine has brought to a head the conflicts that have been brewing between the major powers for some time.

“This was the year liberal democracy fought back,” declared Janan Ganesh, a particularly dull-witted columnist for the Financial Times on 15 November. The argument put forward by the FT’s international politics correspondent is that, following a period of chaos in which the ‘sensible political establishment’ was heavily discredited, 2022 has been