Neoliberalism: demise or adaptation?
Below we publish a contribution to the discussion surrounding neoliberalism and the world economy in the 2020s by Vlad Bortun from our sister section in the Spanish State - Socialismo...
Reserve Bank Props Up Capitalism, But Can’t Solve Underlying Problems
Early in November the Reserve Bank of Australia (RBA) announced it would intervene to stimulate the economy more directly than it has before. Since the 2008 Global Financial Crisis, a...
Jobseeker Cuts Leave Millions in Poverty
Fearing the economic and political repercussions of an unemployment spike, the Morrison government was forced to increase the Newstart unemployment allowance by $550 per fortnight earlier this year. But despite...
The Covid Vaccine & the Failure of Capitalist Competition
This article was originally published by the Socialist Party, the Irish sister organisation of Socialist Action. The total failure of the capitalist system to deliver for the needs and aspirations...
Southern Europe: New Economic Crisis, Old Structural Causes
[caption id="attachment_20585" align="alignleft" width="1529"] Protests in Athens against the Greek government’s education bill on June 9. (Photo: 902.gr)[/caption] Fighting Left Alternative Desperately Needed Apart from geographical and cultural similarities, Southern...
The Australia-China conflict: a socialist view
A new stage of hostility has opened in the strained relationship between the Australian and Chinese governments. At a time when international cooperation is needed more than ever, Canberra and...
The Great Depression and the rise of the Communist Party Australia
The Great Depression created a palpable crisis throughout Australia. Gross Domestic Production declined by 10% between 1929 and 1931 and one in three people were unemployed by 1932. Workers wages...
Jobs crisis: Government schemes fail
Official unemployment numbers reached an 18 year high in June as Australia entered its first recession in nearly 30 years. Despite the Morrison government trying to brush this off with...
Who are the real looters?
During the recent Black Lives Matter protests, following the murder of George Floyd, the mainstream media has been guilty of sensationalism, focusing on limited instances of ‘looting’ to discredit the...
COVID-19 & the climate crisis
Capitalism is yet again inflicting more shock and horror on the world that is bound to traumatise the global population, leaving scars that will be felt for generations. Just like...
COVID-19 crisis: What Socialist Action fights for
Healthcare for all -An end to all funding cuts, closures and privatisations in healthcare. -For huge investment into pubic healthcare to significantly increase capacity and prepare for future shocks. -For...
EU: The hypocrisy and cynicism of the rich
“Shame on you. Shame on Europe. Stop this circus now.” These words did not come from an angry demonstrator but from the French Minister of Economy and Finance Bruno Le...
United Workers Union plan a step in right direction
In late March, Tim Kennedy, the national secretary of the United Workers Union (UWU), released a document that has stirred up some positive discussion in the trade union movement. Titled...
We need a better way to create jobs
In March, tens of thousands of people lined up at Centrelink offices across Australia. Lines stretched around blocks looking eerily similar to scenes from the 1930s Great Depression. After weeks...
US: Trump inaction fuels disaster
The threat posed by COVID-19 was not a secret. The devastating spread of the virus in China, and the fact that it could be transmitted person-to-person was world news by...
Big business plans COVID-19 ‘exit strategy’
The COVID-19 crisis has shown clearly that we live in a system that puts profit ahead of peoples’ lives and health. Workers have been forced to work without proper personal...
Rent crisis: How can we win relief?
The COVID-19 pandemic has exacerbated Australia's housing crisis. With almost a million workers either stood down, fired or losing hours, many are now finding it even harder to cover their...
Take Virgin out of private hands
Australia’s second major airline, Virgin Australia, went into voluntary administration in late April. This came after the company stood down 8000 workers as demand for flights plummeted due to the...