Capitalism Means Chaos. No to Trump’s New World Disorder – Red Weekly column - Labour Outlook

Capitalism Means Chaos. No to Trump’s New World Disorder – Red Weekly column - Labour Outlook

“The profit-driven system isn’t working – real, systemic change is needed.” Trump’s tariffs further bleaken the outlook in the ‘advanced’ capitalist economies, writes Matt Willgress in the Red Weekly Column. However some ‘liberal’ commentators may choose to frame it, even before this week’s tariffs announcements from Trump the ongoing economic crisis was deep across the biggest capitalist economies. 2024 ended with six out of the top seven capit…

Trump’s trade war will worsen crisis-ridden capitalism - Socialist Party Scotland

Editorial from the April-May edition of the Socialist – the paper of Socialist Party Scotland “Deluded, bonkers, pathetic, complete drivel, flat-out nonsense”. These were just some of the angry descriptors that appeared in the Economist magazine’s editorial the day after Trump announced his ‘Liberation Day’ tariffs on April 2. The Wall Street Journal brutally accused the US president of engaging in the dumbest trade war in history.” That these t…

An imminent global recession is anticipated. Are we witnessing the end of neoliberalism? As David Harvey argues, sporadic episodes of crisis in the capitalist system are not only inevitable, but also essential for their survival.