US stock rally collapses amid fears of global slump

By Andre Damon, 26 August 2015

As an early rally in US markets “turned to dust” Tuesday, there were calls for a new round of Fed money-printing to once again rescue the financial elite.

Global Ponzi scheme threatens to implode

World capitalism “toboggans toward catastrophe”

More on the world economic crisis »

Biden, White House spur media discussion of presidential bid

By Patrick Martin, 26 August 2015

The increasing speculation about a possible Biden presidential campaign is driven by the crisis of the presumed frontrunner for the Democratic nomination, Hillary Clinton.

Republican candidates attack the Fourteenth Amendment

More on the 2016 US elections »

Japanese PM snubs China’s World War II victory ceremony

By Peter Symonds, 26 August 2015

Abe’s presence at Chinese ceremonies to mark the end of the “War of Resistance to Japanese Aggression” would have been unacceptable to the extreme right in Japan.

North and South Korea agree to ease tensions following high-level talks

By Ben McGrath, 26 August 2015

With the US applying immense pressure to the North Korean regime, recent events demonstrate how a relatively minor episode can escalate rapidly into armed conflict.

After the Sri Lankan elections: Tamil nationalists support US-backed parties

By K. Nesan, 26 August 2015

The Tamil nationalist parties are emerging as key components of President Maithripala Sirisena’s attempt to install a new pro-US government in Colombo.

Attacks on refugee camp encouraged by German government’s right-wing policies

By Christoph Dreier, 26 August 2015

Officials shedding crocodile tears over right-wing violence cannot disguise the fact that the right-wing policies of the German government have contributed to the attacks.

German and French leaders meet in Berlin summit on refugee crisis

Macedonian government cracks down on refugees

More on the refugee crisis »

Seven million Americans in default on student loans

By George Gallanis, 26 August 2015

The current student loan debt, which includes government and private loans, is a staggering $1.19 trillion, more than either the auto loan or credit card debt in the US.

The New York City housing crisis and the $100 million penthouse

By Philip Guelpa, 26 August 2015

The acute shortage of affordable housing in New York City continues to worsen while the prices of luxury residences for the city’s elite rise to unprecedented heights.

Peru faces Wall Street downgrade

By Cesar Uco, 26 August 2015

The bid by the government of President Ollanta Humala and the Peruvian bourgeoisie to market Peru as a haven for foreign capital is rapidly failing under the impact of deepening crisis.

Australia: BlueScope Steel demands mass job cuts under threat of plant closure

By Terry Cook, 26 August 2015

The Australian Workers Union has immediately signalled that it will help impose BlueScope Steel’s job-cutting measures.

“Reform summit” to discuss stepped up class war in Australia

By James Cogan, 26 August 2015

Underlying the declarations of “urgency” is the rapid deterioration of Australia’s economic position.

Scotland: Sheku Bayoh likely died of asphyxiation by police, lawyer says

By Minnie Watson, 26 August 2015

Within 45 seconds, Bayoh was incapacitated, restrained in handcuffs, leg and ankle restraints, and was in a “prone position face down.”

New in Portuguese

Prefácio: A Escola de Frankfurt, o pós-modernismo e a política da pseudo-esquerda

Por David North, 25 de agosto de 2015

Este livro examina a relação entre a teoria marxista e o desenvolvimento do programa revolucionário, perspectiva e prática do movimento trotskista.

New in French

Merkel et Hollande se rencontrent à Berlin pour discuter de la crise des réfugiés

Par Alex Lantier, 26 août 2015

Les Etats allemand et français projettent de mener des attaques drastiques contre les immigrés et des droits démocratiques fondamentaux.

Varoufakis documente la traîtrise politique de Syriza

Par Robert Stevens, 26 août 2015

Les documents réactionnaires et antisocialistes présentés par Varoufakis mettent à nu les mensonges avancés par les groupes de pseudo-gauche.

Le Parti de Gauche allemand déclare son soutien à Alexis Tsipras

Par Peter Schwarz, 26 août 2015

Le soutien du Parti de Gauche pour Tsipras, qui met en œuvre des mesures d'austérité en Grèce, en dit long sur la façon dont le Parti de Gauche gouvernerait en Allemagne.

New in Turkish

Kapitalizm ve küresel mülteci krizi

Robert Stevens, 26 Ağustos 2015

Birleşmiş Milletler’e göre, günümüzde, dünyada, insanlık tarihinde herhangi bir zamanda kaydedilmemiş sayıda sığınmacı bulunuyor.

Tsipras, kemer sıkma paketi üzerinden etkili olma girişimi içinde erken seçim çağrısı yaptı

Alex Lantier, 26 Ağustos 2015

Yunanistan Başbakanı Alexis Tsipras, dün akşam televizyonlarda yayınlanan ulusa sesleniş konuşmasını, istifasını açıklamak ve erken seçim çağrısı yapmak için kullandı.

Varoufakis Syriza'nın siyasi ihanetini belgeliyor

Robert Stevens, 26 Ağustos 2015

Varoufakis, Tsipras’ın, Yunan seçmenlerin ezici çoğunlukla Avrupa Birliği’nin kemer sıkma taleplerine karşı çıktığı akşam, nasıl AB tarafından talep edilen bütün önlemleri kabul eden bir anlaşmayı sonuçlandırmaya yöneldiğine ilişkin ayrıntılar verdi.

Seçimler öncesinde Türkiye: Siyasi istikrarsızlık, ekonomik kriz ve savaş

Johannes Stern, 26 Ağustos 2015

Yaklaşan seçimlerle birlikte, zaten siyasi istikrarsızlıkla, derin bir ekonomik ve toplumsal krizle ve savaşla damgalanan Türkiye’deki durum, daha da kötüleşme tehdidi altında.

Sosyalist Eşitlik Partisi’nin (Sri Lanka) Birleşik Sosyalist Parti’ye yanıtı

Sosyalist Eşitlik Partisi, 26 Ağustos 2015

SEP, Sri Lanka seçimlerine, egemen sınıfların bütün hiziplerinden ve onların sahte sol savunucularından bağımsız olarak, bir işçi köylü hükümeti ve sosyalist politikalar uğruna mücadelede işçi sınıfını eğitmek ve harekete geçirmek için katılıyor.

New in German

Politik und Medien trommeln für neue Kriege in Afrika

Von Christoph Dreier, 26. August 2015

Verschiedene deutsche Medien haben sich in den letzten Tagen für militärische Interventionen in Afrika ausgesprochen. Zynischerweise versuchen sie dies mit den wachsenden Flüchtlingsströmen aus der Region zu rechtfertigen.

Merkel und Hollande bereiten massive Angriffe auf Flüchtlinge vor

Von Alex Lantier, 26. August 2015

Als Reaktion auf die größte Flüchtlingskrise in Europa seit dem Zweiten Weltkrieg planen die französische und die deutsche Regierung ein drastisches Vorgehen gegen Immigranten.

Varoufakis dokumentiert Syrizas politischen Verrat

Von Robert Stevens, 26. August 2015

Der ehemalige griechische Finanzminister macht die reaktionäre antisozialistische Perspektive von Syriza deutlich und entlarvt die Lügen der Linken Plattform und aller pseudolinken Gruppen weltweit.

Wirtschaftsturbulenzen verschärfen Fraktionskampf in Beijing

Von Peter Symonds, 26. August 2015

Die KP China stützt sich auf die Mittelschichten und hatte sie ermutigt, in Aktien und Immobilien zu investieren. Nun gefährden deren starke finanzielle Verluste die politische Stabilität.

Other Languages

Perspective

The atrocities of ISIS and the US wars of sociocide

26 August 2015

ISIS and the current bloodshed across Syria and Iraq are the direct products of acts of sociocide on the part of US imperialism.

Earlier Perspectives »

Autoworkers Struggles

Autoworkers speak out: GM worker in Wentzville, Missouri calls for international unity

By Eric London, 26 August 2015

Autoworkers are increasingly seeing the bankruptcy of the nationalist orientation of the UAW.

Indiana autoworkers welcome WSWS campaign team

The corporate-union assault on autoworker health care

By Jerry White, 25 August 2015

Video: The battle facing US autoworkers

By Jerry White and Zac Corrigan, 10 August 2015

Strong support from Canadian Fiat Chrysler workers for an international struggle

US contract deadlines in auto and steel
For a united offensive of autoworkers and steelworkers against the corporate-government assault

More on autoworkers struggles »

75 years since the assassination of Leon Trotsky

75 years since the assassination of Trotsky: 1940-2015
Leon Trotsky’s place in history

By David North, 21 August 2015

Published here is a section of a lecture delivered on the 60th anniversary of the assassination of Leon Trotsky. The full lecture is included in David North’s book, In Defense of Leon Trotsky.

Seventy-five years since the assassination of Leon Trotsky

By Joseph Kishore, 20 August 2015

New in Portuguese

Portuguese translation of Foreword to The Frankfurt School, Postmodernism and the Politics of the Pseudo-Left: A Marxist Critique

The World Socialist Web Site has published a Portuguese translation of the Foreword to The Frankfurt School, Postmodernism and the Politics of the Pseudo-Left: A Marxist Critique by David North.

Commentary

Greece’s Popular Unity: An attempt to create Syriza 2.0

By Robert Stevens, 26 August 2015

The main goal of Popular Unity is to prevent the Greek working class from drawing the lessons of the political criminality of Syriza.

German Left Party declares its support for Syriza’s Alexis Tsipras

More on the crisis in Greece »

Britain’s Financial Times hails Sri Lankan election result

By Wasantha Rupasinghe, 26 August 2015

The Financial Times editorial is a damning indictment of the Sri Lankan pseudo-left organisations that sided with the pro-US UNP in the election.

Economic turmoil heightens infighting in Chinese regime

By Peter Symonds, 25 August 2015

Right-wing Ukrainian government celebrates Independence Day

By Jason Melanovski, 25 August 2015

More on the crisis in Ukraine »

France’s neo-fascist National Front expels its founder Jean-Marie Le Pen

By Stéphane Hugues and Kumaran Ira, 25 August 2015

Nearly 14 million Americans live in neighborhoods of extreme poverty

Arts Review

Dismaland, Banksy’s parody theme park: A despairing response to a complex world

By Kelly Taylor, 26 August 2015

Coming through the main gates into Dismaland, the spectator is confronted with a vision of a world that is terribly sick.

Straight Outta Compton: an uncritical picture of the rise of American “gangster rap”

By Nick Barrickman, 25 August 2015

Xavier Dolan’s Mommy: The story of a troubled youth

Workers Struggles

Lockout of 2,200 workers at Pittsburgh-based steel manufacturer enters second week

By Evan Winters, 24 August 2015

Thousands of US steelworkers rally in advance of contract expiration

25 years ago: Liberian civil war flares

On August 24, 1990, a “peacekeeping” force arrived off the coast of Liberia with orders to end the eight-month civil war in which more than 5,000 had been killed.

More »

50 years ago: Switzerland avalanche kills 88 workers

On August 30, 1965, an avalanche from the Allalin Glacier in southern Switzerland killed 88 workers and seriously injured eight others.

More »

75 years ago: Breakthrough study in use of penicillin published

In the edition of the British medical journal The Lancet published on August 24, 1940, there appeared an article showing the potential use of penicillin as a means of combatting bacterial infections.

More »

 

100 years ago: Russian Army retreats on Eastern front

On August 25, 1915 the German Army took the fortress of Brest-Litovsk, then in eastern Poland, which before World War I was part of the Russian Empire.

More »

Socialist Equality Party (Sri Lanka) Election Campaign

Sri Lankan corporate elite demands “tough” economic decisions from new government

By Saman Gunadasa, 24 August 2015

The significance of the SEP’s vote in Sri Lankan elections

The Socialist Equality Party (Sri Lanka) replies to the United Socialist Party

Manifesto of the Socialist Equality Party (Sri Lanka) for the 2015 general election
Against war and austerity! Fight for a workers’ and peasants’ government and a socialist program!

More on the SEP (Sri Lanka) election campaign »

Book Review

Book review
The Devil is Here in These Hills: West Virginia’s Coal Miners and their Battle for Freedom, by James Green

By Tom Mackaman, 18 August 2015

The covert “selling” of anticommunism
The Mighty Wurlitzer: How the CIA Played America