How does Capitalist Crisis affect Socialist Countries?

https://www.youtube.com/watch?v=_jUHJksW-9E Keith Bennett gives an interesting presentation on the impact of the world capitalist economic crisis of overproduction upon the economic and social life of socialist countries, at a CPGB-ML seminar held as economic meltdown hit in 2009. The classic case of a socialist country immune to crisis is provided, he says, by the Soviet … Continue reading How does Capitalist Crisis affect Socialist Countries?

Unemployment and the fight back

Unemployment in Britain is now over 2.5 million, with young people being especially hit; people under 25 account for about 40 percent of the unemployed and according to latest figures youth unemployment stands in excess of 1 million. Any day you visit the jobcentre it is literally bursting with people competing for jobs and the … Continue reading Unemployment and the fight back