This week

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Stories by union

Selected Economic crisis articles

Why Britain’s recession is a long way from over (5 Dec 2009, #2180)
Economist and author Graham Turner looks at the statistics – and finds that the City’s belief there will be a fast recovery is not based on economic fact

Dubai crisis shows capitalism is built on sand (5 Dec 2009, #2180)
Just as hopes were being raised that the worst of the recession might be over, the lunacy of the market strikes again

'Dubai dream' is over as the bubble bursts (5 Dec 2009, #2180)
Dubai, the once-gleaming playground of the rich, has become the latest victim of the global financial chaos

Chaos from Dubai could spread to Britain (5 Dec 2009, #2180)
Dubai’s crisis will have an effect on jobs and companies here

Business as usual as crisis continues (24 Oct 2009, #2174)
Goldman Sachs, the most hated US investment bank, announced it had made a near-record $3 billion profit in the third quarter of 2009

Crisis is not over for world leaders (12 Sep 2009, #2168)
Less than a year after the collapse of Lehman Brothers, the banks are back

Do growth figures herald an economic recovery? (22 Aug 2009, #2165)
Recent figures showing Japan, Hong Kong, France and Germany creeping out of the recession have been hailed in some quarters as heralding the end of the global economic crisis

Banks go back to bubble bonuses (25 Jul 2009, #2161)
Alex Callinicos looks at the staggering arrogance of the bankers who think the crisis is over and they can return to their multi-million pound bonuses

This recession still has a way to run (18 Apr 2009, #2147)
Is the worst of the economic crisis over? BBC Radio 4’s Today programme has been babbling about this for the past week or so, and Barack Obama has now joined them

‘We need to fight every job cut’ (28 Feb 2009, #2140)
Sacked Cowley worker speaks out warning others not to waste the mood to resist

Stock market collapse increases rulers’ panic (7 Mar 2009, #2141)
Stock markets around the world nosedived on Monday of this week as more evidence of the dire state of the world economy sent investors into a panic

Zombie capitalism (27 Jun 2009, #2157)
Chris Harman, who has just written a new book about why Marxist ideas are key to grasping how the system works, spoke to Socialist Worker

Stop giving our cash to bankers - Sack them! (7 Mar 2009, #2141)
Disgraced banker Fred Goodwin is going to keep his £16 million pension, despite some bluster from elements of the Labour government

Sogefi workers stage walkout (28 Feb 2009, #2140)
Some 400 workers at Sogefi Filtration downed tools and staged a 24-hour walkout on Wednesday of last week over attacks on terms and conditions

What you can do about job losses (28 Feb 2009, #2140)
Every day brings new announcements of job cuts and closures

Jobs meltdown as crisis grows (31 Jan 2009, #2136)
An astounding 80,000 jobs were axed in Britain, Europe and the US in just one day on Monday

Ireland shows the way to resist the recession (28 Feb 2009, #2140)
Anger at the Irish government's response to the recession erupted onto the streets of Dublin last Saturday

Take the banks from the bosses (24 Jan 2009, #2135)
No more public money without public control

Are the banks to blame? (31 Jan 2009, #2136)
Amid growing anger at the bankers, Anindya Bhattacharyya and Sadie Robinson look at the role of banks in the wider economy and trace the origins of the crisis

Fights, not concessions, can save workers’ jobs (20 Dec 2008, #2132)
Unemployment in Britain was set to pass two million over the Christmas period

Gordon Brown throws more money into growing banking black hole (24 Jan 2009, #2135)
The latest bailout of the banks will cost at least £200 billion according to the government’s own figures – and we will get nothing in return

Gordon Brown’s ‘public works’ job plan doesn’t add up (10 Jan 2009, #2133)
Gordon Brown pledged this week that up to 100,000 jobs could be created by planned public works in the coming years

Money shops: Pushing us into the red (24 Jan 2009, #2135)
Sadie Robinson looks at what is driving the success of the moneyshops – the new high street vultures

Gordon Brown's bailout leaves the bankers in charge (18 Oct 2008, #2123)
Socialist Worker argues that the bank rescue threatens further misery for ordinary people

World rulers panic as banks’ crisis returns (24 Jan 2009, #2135)
Gordon Brown’s bailout for the banks reflects a growing sense of panic among the ruling class as the economic crisis deepens

Ban bonus payouts to bankers (8 Nov 2008, #2126)
Bailed out banks dish out bonuses, while Gordon Brown hands over control to City sharks

Capitalism isn’t working (11 Oct 2008, #2122)
As billions of pounds are poured into a financial black hole Socialist Worker editor Chris Bambery says 'We won’t pay for capitalist chaos'

Explaining the toxic crisis of capitalism - questions and answers (27 Sep 2008, #2120)
Socialist Worker answers the crucial questions raised by the collapse of leading investment banks and the recent turmoil in global markets

Can world leaders avert the crisis? - questions and answers (11 Oct 2008, #2122)
The world economic situation worsened dramatically over the last week and each day seems to greet a new crisis

Graham Turner on facing the economic deluge (29 Nov 2008, #2129)
The intervention by governments around the world will have little effect on the deepening economic crisis, writes Graham Turner

Seize the wealth of the City (18 Oct 2008, #2123)
Gordon Brown hands billions to the bankers | Stock markets gamble with our futures

No bailout for banks - seize their profits! (4 Oct 2008, #2121)
Fight for decent pay and jobs | Secure our pensions | No home repossessions

‘Don't bail out the bankers’ demonstration stops the City (11 Oct 2008, #2122)
Several hundred students and other activists brought the City of London to a standstill in a flash protest on Friday evening

Panic and division hits US ruling class (4 Oct 2008, #2121)
Alex Callinicos wades through the disputes among the leaders of the US

US nationalises Fannie Mae and Freddie Mac as panic grows over crisis (13 Sep 2008, #2118)
Imagine that a government summons the heads of two of the biggest corporations to its treasury headquarters in order to deliver an ultimatum - either they agree to a state takeover or have one forced upon them

Another Wall Street crash? (20 Sep 2008, #2119)
The bankruptcy of the fourth largest investment bank in the US, Lehman Brothers, has triggered fears of a wider banking collapse

Europe’s economies teetering on the edge (4 Oct 2008, #2121)
Gordon brown and Alistair Darling are not alone in throwing good public money after bad private debts

Capitalism breeds wars and recession (20 Sep 2008, #2119)
Banks go bust, Markets in chaos – Put people before profit

A year of economic crisis: crunch time for capitalism (16 Aug 2008, #2114)
The economic crisis provoked by the ‘credit crunch’ a year ago has created fear and panic, writes Sadie Robinson, but there can be an alternative

What is workers’ control? (20 Sep 2008, #2119)
Following the recent state take-over of financial giants, Ian Birchall reveals the limits of nationalisation, and why socialists stand for a different vision – that of workers’ control

What’s behind the credit crisis? (15 Dec 2007, #2081)
Alex Callinicos looks at the fall out from the international credit crisis

Our alternative to market madness (5 Apr 2008, #2095)
Last week the Financial Times claimed that Socialist Worker had no answer to the economic crisis caused by capitalism - Chris Harman sets the record straight

Their system, their crisis - but it’s our pay, jobs and homes that are under threat (22 Mar 2008, #2093)
The chaos of the financial system has hit new levels with the collapse of Bear Stearns, the US’s fifth largest investment bank

Understanding the financial crisis (1 Dec 2007, #2079)
From Northern Rock to the subprime mortgage scandal, financial markets are in turmoil - Jacob Middleton looks at what lies behind the current crisis

Economic crisis: problems stored up in the way system works (26 Jan 2008, #2085)
Economic analysts and the media are frantically debating whether a recession in the US economy is inevitable or has already started

Nationalisation: governments are not as helpless as they claim (16 Aug 2008, #2114)
New Labour chancellor Alistair Darling explained last week that he was unable and unwilling to bring in a windfall tax on the fuel companies

Are we going back to the 1930s? The economic similarities (29 Mar 2008, #2094)
Anindya Bhattacharyya analyses similarities and differences between the crisis then and today

Credit crunch could burst the debt bubble (22 Sep 2007, #2069)
Socialist Worker answers questions about the current turmoil in the financial markets and its impact on banks such as Northern Rock

Explaining the roots of the global economic crisis (12 Jul 2008, #2109)
Anindya Bhattacharyya spoke to Economist Graham Turner, who has written a new book about the credit crunch

Bank crisis is sign of wider problems (19 Jul 2008, #2110)
Alex Callinicos asks if recent actions by our rulers are ending the crisis

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