Editorials

Daily editorials from the newspaper

Expropriate the bankers and bosses!

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IT WAS asserted by economists long ago that labour is the source of all wealth, and Federick Engels – the lifelong friend and collaborator...

US Federal Reserve is too scared to raise interest rates!

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ON Thursday evening, the US Federal Reserve policy committee decided yet again that it did not dare to raise interest rates by a fraction...

EU announces further below-zero rate cuts and 2.6tn euro QE as new banking collapse...

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THE EUROPEAN Central Bank (ECB) has announced its biggest package of rate cuts and economic stimulus in three years as EU President Mario Draghi...

The US is being humiliated in Iraq – not Saddam

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IT IS the United States of America that is being humiliated in Iraq and not Saddam Hussein. The idea that putting pictures – provided by...

The Death Agony Of Capitalism Requires A Socialist Revolution!

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THE crisis of the capitalist system erupted on Saturday with an opening salvo of explosive tariffs imposed by the US President Trump on his...

Youth unemployment hits record levels – socialist revolution the only answer

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YOUTH unemployment in the UK has shot up over the past year according to the latest research carried out by the Resolution Foundation think...

US debt deal increases economic crisis and puts the US on the road to...

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THE National Committee to Preserve Social Security and Medicare says the following about Obama’s debt deal that savages the poor and leaves the rich...

Drive the privateers out of the care system

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IN ENGLAND last year 928 adult social care workers a day quit their jobs, according to an analysis of data from the charity ‘Skills...

With Food Banks Going Broke And The Tories Targeting The Railways The TUC Must...

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THE TUC CONGRESS is set to meet on Tuesday October 18th, just as the Truss government is poised to take the rail trade unions...

Defend the PCS and all trade unions with a general strike

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THE PCS TRADE UNION last Saturday issued a statement to its members announcing that it was the victim of a government plot to destroy...

Essential relationship = master and servant

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US President Barak Obama, in his speech to both houses of parliament last Wednesday, did little more than restate the old George Bush doctrine...

Benefits slashed while bankers prosper

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Today Parliament votes on the Tory coalition bill to place a 1% cap on all benefits and tax credits for the next three years...

Labour Mayor Andy Burnham reveals Labour MPs want him to oust Starmer

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THE Labour Mayor of Manchester, Andy Burnham, in an interview with The Daily Telegraph newspaper yesterday said that many Labour MPs have been privately...

All Out On May 1!

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PRIME Minister Tony Blair and Chancellor Gordon Brown have declared war on the public services and their staff, with closures, cuts, redundancies and pay...

Defend The Post Office! Stop Royal Mail Privatisation!

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THE CWU revealed yesterday that 9,360 post offices will close once Royal Mail is privatised and the inter-business agreement with the Post Office is...

Israel closes Irish embassy in fury over Ireland’s recognition of Palestine and its support...

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THE DECISION by the Israeli regime on Sunday to close its embassy in Dublin brought a swift response from Ireland’s taoiseach (prime minister) Simon...

Royal Mail getting ready for New Year war!

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BRENDAN Barber has won another battle honour from the employers. His first was at Gate Gourmet, which publicly congratulated him on its website for the...

Support Palestinian General Strike

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TEACHERS, hospital workers and other government workers have come out on general strike in the West Bank and Gaza Strip following the non-payment of...

Manchester students tear down the fences. UK workers and youth are building up for...

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STUDENTS have torn down prison-like fencing erected around their campus on the first day of the new nationwide lockdown. As the Tories allowed the second...

Fatah junta seizes control of the West Bank

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YESTERDAY President Abbas decreed the ending of parliamentary rule in the West Bank and the Gaza Strip as he appointed an illegal government headed...

Israel-US considering attack on Syria and Iran

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LATE last week, a leading Israeli minister said that the only people left in southern Lebanon were connected to Hezbollah, giving the Israeli military...

End Tory racist deportation by demanding a general strike to kick them out

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YET ANOTHER attempt by the Tory government to deport over 50 people to Jamaica on Wednesday came unstuck with the Home Office forced to...

BRING DOWN TORIES TO QUIT THE EU – DESELECT ALL LABOUR MPs WILLING TO...

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AFTER her ‘Dancing Queen’ performance at the Tory Party conference, which acted as an introduction to extreme grovelling to Labour’s right wing, praising...

Capitalism on the brink of destroying humanity – World Socialist Revolution is the only...

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CAPITALISM has dived into the abyss of a world crisis that threatens not simply trade wars but world wars on a scale never seen...

Israel Approves Ceasefire Agreement With The US And Vows To Continue Its War With...

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Israeli Prime Minister Benjamin Netanyahu announced on Tuesday evening that his government has approved a ceasefire deal with Hezbollah in Lebanon, following weeks of...

Time To Put Demoralised Capitalism Out Of Its Misery With A Socialist Revolution!

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‘THOSE of us in the economic realm must navigate blindly through the fog. We face a plausible spectrum ranging from V-shaped relief to L-shaped...

May wants to put the UK into chains

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WE already know that new legislation to be put forward by the government has as one of its features ‘internal relocation’ for British passport...

Carney tells banks to find £11.4 billion to save them going bust

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DESPITE all the recent words from Mark Carney, Governor of the Bank of England, about the underlying health of British capitalism, his actions yesterday...

Chavez Visit Poses World Revolution

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THE visit of the left bourgeois nationalist leaders Evo Morales of Bolivia and Hugo Chavez of Venezuela to Europe is much appreciated, and is...

British forces in a crisis in Afghanistan

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THE British army went into Helmand province in Afghanistan like lions, with their officers explaining that they were going to take on the Taleban,...

Syria refuses to give way to imperialism

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THE news that the Obama regime is demanding the complete withdrawal of Hezbollah fighters from Syria marks a decisive development in the increasingly desperate...

The NHS is one of the best!

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THE NHS has been under heavy attack by both Tory and Labour governments for the last 17 years. They want to privatise it and...

Record Rise Of Public Sector Debt Means More Savage Cuts

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THE Tory-led coalition’s public sector debt for November has shot up to £23.3 billion, £5.9 billion more than the figure for November 2009. It...

Bush In Middle East To Organise New War Against Hezbollah

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US President George W Bush has arrived in the Middle East and has vowed to bolster up the Lebanese army and to tackle Hezbollah,...

The Desperate Housing Crisis!

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IT WAS Frederick Engels who said that the housing problem and capitalism were inseparable, and that to get rid of the former you would...

Carney fears wages and job losses driving workers to Marxism

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THE GOVERNOR of the Bank of England Mark Carney is a very worried man. Giving him sleepless nights is the spectre of a working...

Savage cuts have just begun in debt-ridden capitalist Britain

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SPENDING on Welfare over this Parliamentary term has fallen by just £2.5bn despite the Tory-led coalition aiming to slash spending by £19bn. The Institute for...

Scrap Academies – restore free state education

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THE Academy school project – to replace state owned schools, with ‘independent’, millionaire sponsored, and privately run schools, who hire the staff that...

Unreal capitalism deserves to perish!

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THE crash of the British banks continued yesterday after Royal Bank of Scotland declared a £27bn loss for 2008 on Monday and its share...

BoE chief: British capitalism ‘turning clock back’ to 18th century!

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THE SPLIT in the leading bodies of the Bank of England over whether or not to raise interest rates has emerged just shortly after...

Workers Must Take Action To Put An End To Capitalism

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THE TIME is here when workers must respond to the growing chorus from the professional servants of the bourgeoisie for savage, and even more...

Unemployment is soaring! Defending the ‘right to work’ means getting rid of capitalism!

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UNEMPLOYMENT is set to soar to levels not seen since The Great Depression, the ‘Hungry 1930s’, when workers starved. The Office for Budget Responsibility (OBR)...

Build the Fourth International all over the EU – Forward with the European Socialist...

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THE Greek Statistics Authority (ELSTAT) has announced that unemployment reached 27% last February, while youth unemployment (15-24 years old) reached 64.2%, from 54.1% in...

University lecturers start fresh mass strike action

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THE THIRD wave of a countrywide strike by members of the University and College Union (UCU) began yesterday with a five-day walkout at 38...

Capitalism cannot solve housing crisis – only socialism can!

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IN his emergency budget Chancellor Osborne made it crystal clear that the Housing Benefit of those struggling to exist under crisis-ridden capitalism was one...