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Australian Trotskyist, Nick Beams is the Secretary of the Socialist Equality Party in Australia. His work has appeared on Global Research, the Progressive Radio Network, Tlaxcala, & the author of Marxism & the Globalization of Production.
(1 comments) SHARE Friday, August 28, 2020 Fed resets monetary policy framework to meet Wall Street's demands
The Fed makes clear that the orgy of speculation, leading to the creation of fabulous wealth at one pole and increasing poverty and misery at the other, is the official policy of the central financial arm of the capitalist state.
SHARE Thursday, May 7, 2020 Blaming China, Trump says COVID-19 "attack" worse than Pearl Harbor and 9/11
Trump said the pandemic was the "worst attack" in US history. "This is worse than Pearl Harbor. This is the worse than the World Trade Center. There's never been an attack like this. And it should never have happened. It could have been stopped at the source. It could have been stopped in China."
(1 comments) SHARE Friday, February 28, 2020 Coronavirus spread sparks "bloodbath" on Wall Street
Global share markets again dropped sharply yesterday as coronavirus outbreaks spread around the world. The Dow Jones index finished almost 1,200 points down, its second 1,000-point fall for the week, and has now lost more than 3,200 points in the past four days.
(25 comments) SHARE Friday, May 3, 2013 The Failure of Capitalism
Capitalism is the most destructive economic system in history. The question begs to be asked: when will this nightmare for humanity end?