World Socialist Web Site

wsws.org

Published by the International Committee of the Fourth International (ICFI)

26 March 2009

Global investors ponder implications of US dollar collapse

By Alex Lantier, 26 March 2009

The world bourgeoisie is beginning to consider the consequences of the huge deficit spending and money-printing operations that the Obama administration is using to fund its bailouts of Wall Street and major banks.

New York Times publishes “persecuted” AIG executive’s resignation letter

By Tom Eley, 26 March 2009

On Wednesday, the New York Times ran a lengthy resignation letter from one of the AIG executives who had received a huge bonus after the company had been bailed out by the federal government.

Labor joins Netanyahu coalition as evidence of war crimes in Gaza mounts

By Chris Marsden, 26 March 2009

The decision of the Labor Party to join the coalition led by Benjamin Netanyahu allows Likud to form the most right wing government in Israel’s history.

Canada defends ban on British anti-war MP

By Keith Jones, 26 March 2009

Lawyers for British anti-war MP George Galloway are mounting a court challenge to a Canadian government order that prohibits him from entering the country on the grounds he is a “national security” threat and terrorist accomplice.

Poverty, unemployment and homelessness hit Japanese workers

By Carol Divjak, 26 March 2009

With the Japanese economy hit hard by plummeting exports and a deep recession, hundreds of thousands of people are facing unemployment and poverty.

The Opel crisis fuels divisions in Germany’s coalition government

By Ulrich Rippert, 26 March 2009

At the heart of the disputes inside the German coalition government is how to deal with the consequences of the international financial and economic crisis.

US government department routinely ignores labor law violations

By Jerry White, 26 March 2009

A report by the US Government Accountability Office (GAO) details how the Department of Labor routinely ignores low-wage workers who complain about the violation of federal minimum wage, overtime and child labor laws.

Obama “town hall” meetings in California
No answers for joblessness, austerity

By Dan Conway and Kevin Martinez, 26 March 2009

At town hall meetings last week in California, Obama feigned outrage at Wall Street’s theft of public funds while seeking to convince his audiences that more sacrifice was needed by them to rescue the US financial system.

New in German

IWF-Direktor warnt vor Krieg

Von Joe Kishore, 26. März 2009

Vergangenen Montag warnte Dominique Strauss-Kahn, amtierender Direktor des Internationalen Währungsfonds (IWF), die "erschreckende" globale Wirtschaftssituation könne leicht zu sozialen Aufständen und Krieg führen.

New in French

Rachida Dati : bilan d'une opportuniste

Par Olivier Laurent, 26 mars 2009

Ministre de la Justice la plus controversée de l'histoire de la Cinquième République, Rachida Dati quittera ses fonctions en juin.

France: L'entreprise allemande de pneus annonce des fermetures d'usines en Europe

Par Kumaran Ira, 26 mars 2009

La décision du fabricant allemand de pneumatiques et d'équipements automobiles Continental AG de fermer des usines en France et en Allemagne provoque une opposition et une controverse de grande envergure en France.

New in Portuguese

Relatos das manifestações de 19 de março na França

Pela equipe de reportagem do WSWS, 26 de março de 2009

Apoiadores do World Socialist Web Site (WSWS) entrevistaram manifestantes e distribuíram milhares de panfletos nos protestos do dia 19 de março, convocado pelos sindicatos da França contra a crise econômica e as políticas estatais francesas. Muitos milhares de trabalhadores e jovens participaram das manifestações.

Stalin, Trotsky e a greve geral britânica de 1926
Parte 3

Por Chris Marsden, 26 de março de 2009

Abaixo está a terceira e última parte de palestra ministrada na escola de verão do Partido da Igualdade Socialista (Socialist Equality Party—SEP) em agosto de 2007.

New in Spanish

Crisis mundial azota a Latinoamérica

Por Luis Arce, 26 Marzo 2009

El último ejemplar del Latin American Chart Book reporta que “la prosperidad de Latinoamérica durante los últimos cinco años ha llegado a su abrupto fin”. El libro lo publica Capital Economics, una firma expecializada en investigaciones y asesorías macroeconómicas y servicios de análisis a inversionistas y clientes institucionales en todos los rincones del mundo.

Perspective

Two months on: The class agenda of the Obama administration

26 March 2009

Over the past two months, culminating in the events of the past week, the Obama administration has single-mindedly worked to win the confidence of Wall Street.

Earlier Perspectives »

Political Analysis

The capitalist crisis and the return of history

By David North, 26 March 2009

David North, the national chairman of the Socialist Equality Party (US), spoke last week at San Diego State University (March 19) and University of California, Berkeley (March 22) on “The Capitalist Crisis and the Return of History.” We publish here the notes upon which his lectures were based.

Socialist Equality Party

Sri Lanka: Two years since the disappearance of SEP member Nadarajah Wimaleswaran

By K. Ratnayake, 26 March 2009

Last Sunday marked two years since the disappearance of Socialist Equality Party (SEP) member Nadarajah Wimaleswaran and his friend Sivanathan Mathivathanan.

ISSE meeting in Wellington, New Zealand
The world economic crisis and the socialist alternative

26 March 2009

The world economy is experiencing its greatest crisis since the Great Depression of the 1930s. Amidst the breakdown of the global financial system, industrial production and world trade are falling dramatically. The US and the rest of the world, including New Zealand, face the spectre of mass unemployment and poverty.