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Capitalism
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Brent Herbert | 11.24.2008
Correcting our political perspective The following is intended as a friendly bit of helpful advice to those down on their luck Trots who call themselves the ‘fourth international'. It has been my experience over the years that even a murky and slightly muddle headed Trot is still heads and tails above everyone else in this place, which isn't saying much for everyone else. It has been my habit to consult a Trot from the Fourth International while always taking everything with a grain of salt, such that I never consult a Trot without making sure I am packing a salt shaker. However given the gravity of the current social crisis, I am no longer willing to tolerate carrying around a salt shaker, and so I thought that instead I would write this critique of the Fourth International. Where to start?
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Internationalist Group | 09.28.2008
The financial crisis that has been heating up since early 2007 reached the boiling point in late September. Credit markets virtually stopped functioning. A full-blown panic swept stock markets worldwide. The U.S. economy is in the throes of a recession that could turn into a Depression lasting for years. In these dire straits, the Wall Street speculators who set off this crisis are demanding that the government rescue them with a bailout priced at $700 billion. The actual costs will be far higher, a trillion dollars or more. Meanwhile, the Democrats are pushing hardest for the Bush bailout of the banks. Presidential candidate Barack Obama blames "greed" for the crisis on Wall Street (capitalism without greed?) and says there must be no "blank check to Washington" -- meaning he's for putting in a few conditions as window dressing. Following in the Democrats' footsteps, the AFL-CIO labor bureaucrats called a demo for "No Blank Check for Wall Street." Yet no amount of regulation will stop the boom-bust cycle of capitalism. Meanwhile unemployment lines are growing and a million families were thrown out of their homes by bank foreclosures in the last year. While the fat cats, Democrats and bureaucrats are all going for the Bush bailout to prop up U.S. capitalism, revolutionary Marxists oppose this trillion-dollar giveaway to the Wall Street speculators, calling instead for a program of transitional demands leading to the expropriation of the banks and the entire bourgeoisie through workers revolution. Expropriate the Bourgeoisie Through Workers Revolution!No to the Bailout of the Capitalist Speculators!Down with the Dictatorship of Finance Capital!
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Richard Mellor | 07.16.2008
The financial crisis deepens with the nationalization of IndyMac and the likely bailout of Freddie Mac and Fannie May by the US taxpayer. The financial crisis has company as inflation, and in particular huge increases in global food and energy prices, enters the fray. The American economic model has been discredited and the American century has lasted but a few decades. These developments have and will further open up a new period in the struggle between capital and labor on the world stage and the US working class will have a major role to play as it re-connects with its militant traditions. Richard Mellor
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votepsl | 03.11.2008
The Party for Socialism and Liberation (PSL) is fielding a slate of candidates in the 2008 U.S. presidential elections: Gloria La Riva for President and Eugene Puryear for Vice President. The campaign is rooted in the struggle for socialism. We believe a better world is possible and together we can make it happen. VOTE PSL in 2008! http://www.VotePSL.org
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votepsl | 02.29.2008
The Party for Socialism and Liberation (PSL) is fielding a slate of candidates in the 2008 U.S. presidential elections: Gloria La Riva for President and Eugene Puryear for Vice President. The campaign expresses its strong support for the proposal to the Brattleboro, Vt. Annual Town Meeting to indict President Bush and Vice President Cheney for gross violations of international and U.S. law. VOTE PSL in 2008! http://www.VotePSL.org
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Ammoch | 02.29.2008
Since September 3rd, 2007, Henry Okah, a respected youth leader and so called “silent player” in the Niger Delta struggle was arrested in Angola on his way back to Nigeria from South Africa. The Angolan government, likely at the behest of the Nigerian government and the multi-national oil companies operating in Nigeria, detained Mr. Okah and his fellow traveler (Capt. Edward Atatah), under dubious pretexts. These included the possession of “incriminating literature”, gunrunning and the sponsoring of a coup attempt in Equatorial Guinea. Due to the absurdity of the manufactured cases, the charges were eventually thrown out of Angolan court.
After 5 grueling months in Angolan prison, where the two were beaten and denied access to counsel, it is believed that the prisoners were secretly and illegally extradited to Nigeria on February 14 
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