The following is a selection of postings from the IBT Facebook page published since the last edition of 1917. 25 January 2023 | Defend and extend Scottish trans rights! Legislation passed by the devolved Scottish government to make gender-recognition certificates (GRCs) easier to obtain and available from the age of...
The Death Agony of Capitalism and the Tasks of the Fourth International
The Objective Prerequisites for a Socialist Revolution The world political situation as a whole is chiefly characterized by a historical crisis of the leadership of the proletariat. The economic prerequisite for the proletarian revolution has already in general achieved the highest point of fruition that can be reached under capitalism....
Capitalist Meltdown
Global capitalism is currently in the grip of the most severe economic contraction since the Great Depression of the 1930s. The ultimate depth and duration of the downturn remain to be seen, but there are many indicators that point to a lengthy period of massive unemployment in the imperialist camp...
Capitalism & Climate Change
Over sixty years ago, in November 1959, the American Petroleum Institute co-sponsored a symposium at Columbia University in New York City to commemorate the U.S. oil industry’s centennial year. Among the guest speakers was renowned physicist Edward Teller, who warned the audience of scientists, government officials and industry representatives that...
Introduction to Marxist Economics
The expression “Marxist economics” is something of a misnomer. Karl Marx’s critique of the “political economic” theory of his day revealed the fundamentally social character of “the economy”: production, exchange, prices, wages, etc. Marxist economics is not some radical cousin to the sort of mainstream economics you study in university. It is...