National Sections of the L5I:

Economy

Greece: Euro blackmail pulls off narrow victory for the Right – but it can be overthrown by mass workers' action

By the narrow margin of just 2.77 per cent of the popular vote, just enough of the Greek electorate succumbed to the blackmail of the Greek media and political class and the threats of the leaders of Read more...

Eurozone crisis will get worse in 2012

Despite the best efforts of the French and German leaders, the Eurozone crisis is not going away, writes Andy Yorke Read more...

Italy and Eurozone on the brink

This week Italy overtook Greece as the state at the heart of the European crisis, raising the stakes and threatening to rip apart the Eurozone, writes Andy Yorke and Dave Stockton Read more...

The G20 didn’t stop the economic crisis: what comes next?

No matter what they try, nothing seems to work… The world leaders have gathered at the G20, and European leaders are having regular summits, but the economy is just getting worse. Read more...

World economy at tipping point

Analysis of the world economy and the growing crisis over the Eurozone debt, by Workers Power (Britain) Read more...

Knockdown 2 – economic crash driven by capital’s contradictions

Despite a weekend of telephone diplomacy between Berlin, Paris and Washington, stock markets plummeted yet again on Monday 8 August. Read more...

Greek debt crisis – Europe on the brink of financial collapse

The Eurozone is in serious trouble with debt. With Greece on the verge of default the crisis is set to deepen, writes Simon Hardy and Richard Brenner Read more...

Europe's toxic debt trap

Marcus Lehner analyses Europe's debt crisis. Locating the cause in the vast overaccumulation of credit assets, he argues western government policy is serving the interests of finance capital, or, to be more specific, the owners of the vast debt mountains built up in the 'boom' years. Read more...