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Panic!
By Michael Roberts   
Wednesday, 23 January 2008

World stock markets are now down over 20% from their highs set just last November. That technically is called a ‘bear market'. Stock markets have had their worst start in a year for 30 years and in the case of the US and the UK, the worst start ever since records began! Australia's main share indexes plunged more than 7% — the worst one-day fall since 1989.

 
The Venezuelan Revolution at the crossroads
By Alan Woods   
Wednesday, 16 January 2008

The Venezuelan revolution has inspired the workers, peasants and youth of all Latin America and on a world scale. Over the past decade the revolutionary masses have achieved miracles. But the Venezuelan revolution is not completed. It cannot be completed until it expropriates the oligarchy and nationalizes the land, the banks and the key industries that remain in private hands. After almost a decade this task has not been accomplished and this represents a threat to the future of the revolution.

 
The meaning of the landslide victory for the Australian Labor Party
By Fred Weston   
Friday, 04 January 2008

For eleven years John Howard, the leader of the conservative Liberal Party, had dominated his country's politics. But he was thrown out in last week's election. It was a humiliating end to the career of this right-wing reactionary and stooge of George Bush who led Australia into a war against Iraq and resisted efforts to curb global warming.

Yet many on the left of Australian politics fail to draw the conclusions from Howard's defeat and proclaim themselves and their phantom parties to be the alternative to Labor. Here we reprint an article from marxist.com where we analyse the outcome of the election.

 
Communism: A Love Story
By Simon WIlliams   
Thursday, 27 September 2007

This is a review of a book which deserves a wide audience. Jeff Sparrow has chosen to write a short history of Marxism in Australia, in the form of a biography of one of its more colourful characters, Guido Barrachi: bohemian, womanizer and lifelong communist militant. Born in 1887 into a solidly bourgeois background, the son of famous astronomer Pierro Barrachi, Guido attended the elite Melbourne Grammar School, before moving onto the equally elite Melbourne University. Unlike many young men from a similar background, who flirt with radical politics in their youth only to settle into a surly conservatism in their middle years, Barrachi’s politics moved in an increasingly radical direction.

 
Kevin Rudd doesn’t get it but the capitalists do: the coming election will be fought on class lines
By Simon WIlliams   
Thursday, 14 June 2007

rudd-gillard-small.pngThe forthcoming federal election is shaping up to be an almighty contest between the classes. Already the initial skirmishes have begun. Workplace relations minister, Joe Hockey, has revealed the "shocking" fact that the ACTU wants a Labor victory and has engaged in the dirty and underhand practice of talking to union members on the telephone in order to persuade them to vote Labor.

 
The Paris Hilton affair and capitalist justice
By Simon Williams   
Thursday, 14 June 2007

Only the hardest heart will not have been moved to laughter by the sight of Paris Hilton, multimillionaire and professional nobody being dragged back to prison in tears. This followed an unseemly scuffle where the local sheriff,  Lee Baca, who was coincidentally a recipient of a large election donation from Hilton's billionaire grandfather, had released her in express defiance of the judge's ruling.

 
A few bad eggs? The collapse of Australian Capital Reserve
By Simon WIlliams   
Sunday, 10 June 2007
capitalist-greed-small.pngThe property company Australian Capital Reserve has recently announced that it is going into voluntary administration leaving thousands of its small investors at risk of impoverishment. The TV screens have been full of sobbing pensioners who were convinced to sink their life savings into their various speculative schemes and now face the prospect of losing everything.   The administrators have already made it clear that the small investors will be the last to receive any compensation, as the priority is the reimbursement of large corporate investors.
 
How should Marxists combat religion?
By Simon WIlliams   
Saturday, 09 June 2007

This week a furore has blown up over threats made by the Catholic Cardinal Pell and his counterpart Archbishop Hickey in Perth against Catholic politicians who support stem cell research. Pell has raised the nightmare scenario of mad scientists cloning human-hamster hybrids from embryonic stem cells. The reality is that this technology, while still in its early stages, has the potential to cure several devastating medical conditions.

 
Britain: Sectarianism, the elections and the demise of the SSP
By Rob Sewell and Fred Weston   
Tuesday, 15 May 2007
Last week’s elections confirmed the damage that Blairism has done to the Labour Party. Far from being the man who “wins elections” as the Blairites boasted in the past, Blair has become a liability. After ten years he has thrown away the 1997 victory. Now is the time to draw lessons from this whole experience and fight to change the leadership of the Labour Party. 
 
The first May Day
By Terry McPartlan   
Wednesday, 02 May 2007
We wish all our readers a red May Day! Here we briefly look at the historical origins of this day of struggle.
 
Posada’s release exposes Washington’s hypocrisy
By Alan Woods   
Sunday, 29 April 2007
The criminal Luis Posada Carriles was this week set free by a US court despite there being absolutely no doubt as to his involvement in terrorist outrages. The US stands exposed as a supporter, financer and organizer of terrorist attrocities.
 
The meaning of the attack on Sanitarios Maracay
By Pablo Roldan   
Saturday, 28 April 2007
The workers of Sanitarios Maracay who were attacked and arrested earlier this week have been released. But that does not mean that everything is fine and well. The attack on the workers was a clear message that the counterrevolution is alive and well and can still strike. Now more than ever, the revolution must push forward to the end.
 
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