Perspectives
The Libor swindle
By Andre Damon, December 22, 2012
Not only has the Libor swindle exposed the criminality of the banks, it has laid bare the nexus of corruption and complicity involving governments and financial regulators the world over.
The German chancellor’s Christmas message
By Ulrich Rippert, December 21, 2012
In an interview last weekend with the Financial Times, the German chancellor declares that the European welfare state cannot be sustained.
Fiscal cliff talks get down to business
Obama proposes Social Security cuts
By Patrick Martin, December 20, 2012
The cuts in Social Security and other critical social programs proposed Tuesday by the Obama White House mark a watershed in US social policy.
New Japanese government marks dangerous turn to militarism
By Peter Symonds, December 19, 2012
The right-wing nationalism that pervaded the election campaign signals the determination of the Japanese ruling class to reassert its interests by every means, including military force.
The enduring significance of the life and work of Comrade Keerthi Balasuriya
By International Committee of the Fourth International, December 18, 2012
The International Committee of the Fourth International and the World Socialist Web Site today mark 25 years since the death of Comrade Keerthi Balasuriya, the general secretary of the Revolutionary Communist League, forerunner of the Socialist Equality Party of Sri Lanka.
Horror in Newtown
By editorial board, December 17, 2012
Beyond the individual motivations of the killer, the mass shooting at Newtown, Connecticut lays bare a brutality that pervades American society.
Syria in the crosshairs
By Joseph Kishore, December 15, 2012
The US and its imperialist allies are building up to a direct intervention in Syria, with the deployment of Patriot missile batteries in Turkey and the official recognition of the opposition.
Above the law
By Barry Grey, December 14, 2012
The financial robber barons of today are a law unto themselves.
Michigan’s right-to-work law
By Jerry White, December 13, 2012
The inability of the United Auto Workers and other unions to mount any serious opposition to the anti-worker legislation demonstrates the bankruptcy of these organizations.
Washington discovers terrorists in Syria
By Bill Van Auken, December 12, 2012
In branding one of the principal anti-Assad militias as a terrorist organization, Washington is exposing the character of the US-backed war in Syria.
The political economy of the Spanish bank bailout
By Nick Beams, December 11, 2012
The initial measures are widely regarded as the prelude to a full-scale bailout of the Spanish state and the establishment of a financial dictatorship of the kind now in place in Greece.
The “fiscal cliff” and the dismantling of Medicare
By Kate Randall, December 10, 2012
The introduction of means testing signifies the transformation of Medicare from a universal health care program into a poverty program, the first step in its being starved of funds and ultimately dismantled.
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