What is happening in the Russian economy?

Enforced separation from the world market has reinforced moves back towards nationalisation and planning. Ever since the treacherous ‘secret’ speech given by Soviet premier Nikita Khrushchev in 1956, the reputation of the revolutionary period of socialist construction in the USSR (personified in the figure of Joseph Stalin) has been routinely traduced and slandered to the … [Read more…]

Deindustrialisation kills

A recent article in the Cambridge Journal of Economics entitled ‘Deindustrialisation and the post-socialist mortality crisis’ once again draws attention to the catastrophic effect on the working-class people of the countries of the Soviet Union and eastern Europe of the overthrow of communism.  The word ‘katastroika’ has been coined to describe this disaster. It is … [Read more…]

Statement of the Anti-Imperialist Platform: How the KKE uses Marxist terminology to cover its retreat from Marxism

The party of the Greek revolution has objectively transformed itself into an agent of imperialism, both nationally and internationally (1). On the basis of a Marxist analysis of the rapidly escalating imperialist war drive, anti-imperialists of the communist movement came together last year to form the World Anti-imperialist Platform. This was done in order to … [Read more…]

Oppenheimer the film, a review

This film, directed and written by Christopher Nolan, currently on release and the subject of much publicity and hype, is well worth seeing on many levels.  It is a fascinating story, filmed with great artistry.  It is acknowledged to be based on the book American Prometheus by Kai Bird (2005). The authors view Oppenheimer as … [Read more…]

Price-gouging is a real monopoly practice. But is it really at the root of the global economic crisis?

For decades, Oxfam shops have been a common fixture on British high streets. Their twin-track approach of selling cheap second-hand clothes, used books, tantalising bric-a-brac and ethically-sourced products from developing countries, with the promise of charitable contributions winging their way to the wretchedly poor overseas, has appeared to be a winning formula: spending and salvation. … [Read more…]

Macquarie stokes the roaring inflationary fires

When privatised water utility Thames Water was publicly exposed for its dire record of negligence, letting Victorian-era pipes go to rack and ruin, failing to keep up with the resultant leaks and deliberately dumping raw sewage into the region’s waterways, the initial public reaction was to focus on individual examples of mismanagement, negligence, incompetence and … [Read more…]

Prigozhin’s failed mutiny

On Saturday 24 June 2023, Yevgeny Prigozhin, head of the private military group called Wagner, occupied some key points in the southern Russian city of Rostov-on-Don, after which he began a march towards Moscow with a view to effecting a change in the composition of the Russian regime, if not to overthrow it altogether. For … [Read more…]

Ukraine update

With Kiev smarting from the loss of Artemovsk to Russian forces, the long anticipated counteroffensive by Ukraine began on 5 June. In the first few days Ukrainian forces launched attacks all along the front line and there are reports of towns being taken, lost and taken again, but to date there have been no significant … [Read more…]