National Sections of the L5I:

Economy

The Great Crash of 2008

After the biggest financial crisis since 1929 came the biggest ever bailout of the banks.It didn't work. Read more...

International Perspectives: The Crisis of Globalisation

International perspectives document passed by the International Executive Committee of the League Read more...

The Crisis of Globalisation

Fifth International, vol. 2, no. 7 autumn 2008 by Luke Cooper Read more...

The Great Bank Crisis of 2008

The tropical storm of the global financial crisis became a hurricane in September, measured in bank collapses, plummeting stock markets, wholesale nationalisations, takeovers and desperate political gambits to rescue the system. Read more...

The Credit Crunch 2 - Three Days that Shook the World

Originally published September 2008
When British Chancellor Alistair Darling shocked the opposition parties and the market with his warning that the economic circumstances were "the worst for sixty years", he was accused of inducing panic. After three cataclysmic days for world capitalism, his comments are now viewed in a different light.All of a sudden journalists, commentators, company spokespersons, economists, are themselves talking about the biggest crisis since the war, or even since 1929. Read more...

Oil price hike sparks global protest

Just after skyrocketing global food prices drove a wave of protests involving people in up to 30 countries in March-April, a second round of worldwide protests has kicked off sparked by the rise in oil prices to historic highs. Read more...

Our analysis as the credit crunch developed

Chapter 1 of the book is made up of the following articles which were published as events developed. Read more...

Globalisation and the Myth of the New Long Wave

This article examines the controversial theory of 'long waves' of capitalist development and goes on to analyse the nature of the globalisation period of capitalism between 1990 and 2007. Read more...