Bitcoin speculation is driven by capitalist economic crisis

Vol. 82/No. 3 - January 22, 2018

For millions of working people forced to live paycheck to paycheck, the speculative mania gripping capitalist investors and middle-class wannabes scurrying to trade in bitcoins today is something out of another world. Accelerating bitcoin sales, and the recent opening of…


Fight in Chicago to overturn cop frame-ups makes gains

Vol. 82/No. 3 - January 22, 2018

CHICAGO — Two more frame-ups perpetrated by former Chicago Police Detective Reynaldo Guevara unraveled in court here Dec. 21 when Cook County prosecutors dropped charges against Gabriel Solache and Arturo Reyes in a 1998 double homicide. Solache, 43, and Reyes,…


Truckers on strike across Russia face gov’t attacks

Vol. 82/No. 2 - January 15, 2018

Long-haul truckers in Russia conducted their third countrywide work stoppage during the holiday season Dec. 15-25. Since November 2015 they have fought the government over the Platon tax system, a per-ton toll imposed on owners of trucks weighing over 12…


Senate probe of Green Party is threat to workers’ rights

Vol. 82/No. 2 - January 15, 2018

The Senate Intelligence Committee announced Dec. 18 that it’s opening an investigation into the campaign of Jill Stein, who ran as Green Party candidate for U.S. president in 2016, claiming the move is part of its witch hunt into whether…


Protests in Puerto Rico: 1 million plus still without power

Vol. 82/No. 2 - January 15, 2018
Protests in Puerto Rico: 1 million plus still without power

Anger is rising in the U.S. colony of Puerto Rico over the slow pace of government efforts to restore electricity and other basic necessities more than three months after hurricanes Maria and Irma. The Puerto Rico Electric Power Authority admitted…


Send bosses ‘blood money’ to SWP

Vol. 82/No. 2 - January 15, 2018

When Corsair Components in Hayward, California, laid off its workforce, but needed the workers it had just fired to stay on for several weeks to clear the warehouse shelves, the company offered them each $2,000 in addition to their wages.…


Fla. rail worker fights firing after speaking out on safety

Vol. 82/No. 2 - January 15, 2018

Louis Billingsley, a freight rail conductor with 12 years experience, is fighting his firing after speaking out against unsafe practices and conditions at the CSX railroad in a televised interview on CBS Action News Jax in Jacksonville, Florida. Jacksonville is…


‘Unions are important not just for pay, but for safety’

Vol. 82/No. 2 - January 15, 2018

EAST CHICAGO, Ind. — In the early morning hours of Dec. 11, 2017, Alfred Cadena, a 61-year-old operator on the Continuous Annealing Line, was killed on the job at the ArcelorMittal Indiana Harbor mill here. He had 41 years’ experience…


Communist League in UK to go ‘deeper into  working class’

Vol. 82/No. 2 - January 15, 2018

MANCHESTER, England — “Workers’ anger has intensified since the 2007-2008 crash, with declining real wages, growing job insecurity and uncertainty of what the future holds in today’s world of crisis, conflict and wars,” said Jonathan Silberman, a leader of the…


The capitalist rulers face a deepening political crisis

Vol. 82/No. 2 - January 15, 2018

Below is an excerpt from the political resolution adopted at the Dec. 16-17 Communist League congress. It is from the section titled, “The rulers’ deepening political crisis.” The post-World War II imperialist relations and structures are becoming unstable and undependable;…