After the death of Gaddafi: Revolution and counterrevolution in Libya

The capture and killing of Colonel Gaddafi has been described in detail by the mass media in all its gory details. With the death of Gaddafi and the taking of Sirte the National Transitional Council is talking about forming a transitional government. The NTC is recognised by the imperialist powers whose interests it represents. However, many ordinary Libyans look with justified mistrust at the NTC and their imperialist backers.

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Greece October 19-20: After earth-shattering general strike –what next?

Today (October 19th), the first day of the 48-hour general strike in Greece was sensational. Apart from the government and public utilities workers that participated in the strike massively, hundreds of thousands of workers from the private sector came out on strike for the first time, and also joining the millions of striking workers were tens of thousands of small businesspeople and shopkeepers who closed the shutters to their shops in solidarity.

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Capitalist crisis deepens – no recovery in sight as economy heads for depression

The world crisis of capitalism has entered a new stage. Rather than recover, several countries are showing features of a depression. This is an unprecedented situation and shows the deep malaise affecting the capitalist system, still reeling from the slump of 2008-9.

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USA: Wall Street rocked by anti-capitalist protests – time to build a labor party!

Earlier this month Wall Street was rocked by a mass demonstration of over 15,000 people protesting against “corporate greed.” The crowd jammed the square and stretched for blocks along Broadway. This unprecedented protest was a manifestation of the mood of anger, bitterness and frustration that has been accumulating for years in American society, which had already previously erupted in the big demonstrations and walkouts in Madison, Wisconsin, culminating in the occupation of the Capitol.

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The Greek crisis: Europe on the brink of a precipice

Europe is standing on the edge of a precipice. This is the judgement, not just of the Marxists, but of the most serious strategists of Capital. Barely six weeks have passed since the latest Greek rescue package, and it is already unravelling. There is now a general crisis of confidence in the ranks of the bourgeoisie internationally. The panic, which is reflected in the wild gyrations of the stock exchanges, has spread rapidly from Europe to America. It is a kind of deadly contagion that has infected all the euro zone’s big countries.

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