Rents, mortgages soar, tighten squeeze on workers’ families

Vol. 87/No. 6 - February 13, 2023

With housing costs rising faster than workers’ wages, those renting apartments or homes are paying on the average 30% of their income for rent, an all-time high. Mortgage rates have doubled in the past year. Underneath these figures is the…



Mood of gloom and doom pervades the ‘globalists’ at the Davos summit

Vol. 87/No. 5 - February 6, 2023

A mood of doom and gloom hovered over the gathering of some 2,700 bosses, bankers, speculators, government officials and meritocratic hangers-on at the World Economic Forum in Davos, Switzerland, Jan. 16-20. Underlying their despondency is the sharpening political and social…



Capitalist rulers in Europe mask depth of rising prices

Vol. 87/No. 4 - January 30, 2023
Thousands demonstrate in Paris Jan. 7 demanding higher wages to cover soaring prices and to protest President Emmanuel Macron’s plan to increase retirement age beyond 62 years.

The big-business media is hailing the slight drop in inflation rates in Europe last month as a sign that the capitalist rulers are getting price rises under control. But this masks the intolerable impact that decades-high levels continue to have…


Help ‘Militant’ win renewals, get new book out to workers

Vol. 87/No. 4 - January 30, 2023

Members and supporters of the Socialist Workers Party and Communist Leagues in Australia, Canada and the United Kingdom are reaching out to the more than 1,300 persons who subscribed to the Militant  last fall. They will discuss the party’s program…


What is behind the rising tensions in the Balkans?

Vol. 87/No. 3 - January 16, 2023

As the nearly yearlong invasion of Ukraine by Moscow continues, rising tensions between Serbia, backed by Russian President Vladimir Putin, and Kosovo could lead to new fighting in the Balkans. The attempt by Russian President Vladimir Putin to stamp out…


Ohio workers at GM battery plant vote 710-16 to join UAW

Vol. 87/No. 1 - January 2, 2023

Workers at an electric vehicle battery factory near Warren, Ohio, overwhelmingly voted to join the United Auto Workers. The 710-16 vote, announced by the National Labor Relations Board Dec. 9, marks the first time workers have won union representation in…


Capitalist crisis fuels stagflation: prices rise as recession bites

Vol. 87/No. 1 - January 2, 2023
South African public workers protest in Pretoria Nov. 22 on “National Day of Action,” demanding 10% wage raise to cover rising prices. Similar actions are taking place worldwide.

With prices continuing to rise alongside growing numbers of layoffs, working people face the beginning of what could be an extended period of “stagflation” — a combination of increased prices and falling capitalist production, trade and jobs. The impact of…


Workers in China protest COVID-19 lockdowns

Vol. 86/No. 46 - December 12, 2022
Workers in China protest COVID-19 lockdowns

In unprecedented defiance of the Chinese government’s iron-fisted zero-COVID lockdowns, which have confined millions and left many hungry, demonstrations erupted across the country Nov. 26-27. This followed protests in Urumqi, capital of Xinjiang province, the day before. After months of…