credit crisis
Articles about the financial crisis or "credit crunch" of 2008.
Visteon occupation photo gallery, Enfield, 2009
Photo gallery of the occupation of a Visteon car parts factory in Enfield, north London, after 200 workers were sacked without redundancy pay.
Rome: 2.7 million people demonstrate against the crisis
According to the Italian union Cgil, today - 4th April - 2.7 million people marched in the streets of Rome to demonstrate against the current financial crisis.
According to the police headquarters, only 200,000 people were there. In reality, five different processions took hours to get to the main meeting point, the Circo Massimo.
Car factory occupations spread across the UK
Sacked workers from the car parts firm Visteon have been occupying three factories across the UK since Wednesday.
The action began with an overnight sit-in at the Visteon plant in Belfast and employees are continuing their protest at the factory. More than 100 workers have staged a sit-in, the Unite trade union has said. Earlier, it was announced that 565 staff would go at Visteon car components plants across the UK.
Make economy history
A leaflet distributed on yesterday's (Sat 28 Mar 09) 'Put People First' march in London. The leaflet argues against reformist demands as a response to the crisis and in favour of a radical transformation of social relations.
The “financialised” economy of endless credit is bankrupt, but there's no going back to the world before it. The boom years are over.
"Save the economy" - why? - Ruthless Criticism
Ruthless Criticism's leaflet on the financial crisis of 2008-9
“Save the economy” – why?
Seven theses on the present crisis - João Bernardo
A survey of the financial crisis, systemic regulation problems for global capital, the economic growth of China, India and Brazil and its relation to the investment strategies of transnational capital.
"Contrary to what happened the 1930s, the economic and financial crisis which the United States is undergoing is not a world crisis but rather the strengthening of the development opportunities of huge areas of the globe."
Gothenburg school pupils strike against job cuts
400 pupils at Sjumilaskolan in Gothenburg suburb Biskopsgården have been on a week long strike since angry parents got the message that half the staff was to be sacked due to the economic crisis and estimates of falling pupil numbers.
The teacher union´s (Lärarförbundet) representative Stratos Ayassotelis says incredibly enough that the teachers do not support the strike and that they´ve been spending the day calling parents encouraging them to send their kids to school claiming that school attending is compulsory in Sweden.
China in crisis: reason to panic?
Prol-Position's outline and analysis of the development and extent of the 2008-9 financial crisis's impact on China, and its implications for working people in the region and across the world.
Canadian auto-workers occupy factory
A group of disgruntled workers at a recently closed auto parts supply company in Windsor, Ontario have taken over the plant.
In the latest twist in a saga that has been brewing since two auto plants in the area shut down early last week, about a dozen workers occupied the Aradco plant Tuesday night. They have welded the doors shut from the inside and say they will not leave until they get what they are owed.
New nationwide general strike hits France
Hundreds of thousands of French workers are expected to join the country's second nationwide strike in two months.
Workers are protesting against President Nicolas Sarkozy's economic policies. Unemployment has reached two million and is expected to rise further. Demonstrations are planned in about 200 towns and cities. Many schools are closed and public transport disrupted.
Organisers predict the protest will be bigger than one in January, when more than a million people took part.
