Over the past couple of years the U.S. economy has gained some momentum and avoided slipping back into recession, but this was based on the increased squeezing of the U.S. and world working class, not job growth or significant investment in productive capacity. Even if the U.S. economy miraculously takes off in the second half of 2005, the damage has already been done for millions of working Americans.


In his new book, Alan Woods examines the broad sweep of American history from a Marxist perspective. Many Americans view the ideas of socialism and Marxism with suspicion and distrust. In Marxism and the U.S.A., the author shows that these ideas are not at all foreign to the history and traditions of the American people. The book can be ordered from Wellred USA for $15 within the U.S. and for $20 for International orders.

After Bush’s reelection, many around the world thought the end of the world had come. According to them, the American “sheeple” had been duped once and for all, and Bush would effortlessly ram through his ultra-reactionary policies at home and abroad. However, Bush’s honeymoon period disappeared in a flash. Now, seemingly overnight, the mood of the American people has finally turned against the war in Iraq.

If you think things in the USA are bad now, wait till after the US elections. Once the result is in the bag (either for Bush or whoever stands for the Democrats) economic policy will switch from the present spending spree (mainly on arms) to cuts in welfare. The present level of indebtedness cannot be maintained for ever. Sooner or later the capitalists will make the workers pay.

More than two years have passed since George W Bush declared his "war on terrorism." What has the result been? In Iraq the USA has shown its impotence to control the situation. It has been unable to build up a stable base. It is bogged down in a bloody impasse. But what about the other field of operations – Afghanistan?