Tomas Tengely-Evans

Lenin for Today

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Dismissed and derided for decades, socialism is back.

From Jeremy Corbyn to Bernie Sanders, the forces fuelling its comeback are associated with movements against austerity, racism and war. But their main focus for pushing through social change is still parliamentary reform.

So if reformist socialists who focus on parliament are making headway, why should the revolutionary Vladimir Lenin’s ideas matter today? John Molyneux’s Lenin for Today argues that “Lenin is relevant because the Russian Revolution is relevant”.

System failure

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Ten years on from the “credit crunch” that threw the world economy into a downward spiral, reports suggest we might be heading for another crash. Tomáš Tengely-Evans investigates.

A decade ago last month queues began forming outside Northern Rock. The building society had been unable to raise the money to pay its debts. Cap in hand, its bosses had been forced to march up Threadneedle Street to beg the Bank of England for a loan.

A contradictory revolt in Ukraine

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The situation in Ukraine is fast moving and complex and it is easy to misunderstand what's at play.

In the liberal press the talk is already of "post revolutionary" Ukraine -- "the storming of the citadels of power recalls the overthrow of Slobodan Milosev... the indiscriminate terror created by sniping from roofs and buildings is a reprise of the assault on protestors in Bucharest," wrote Misha Glenny, omitting the role of fascist forces in the events.

The Default Line

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Faisal Islam, Head of Zeus, £15.99

It's now over half a decade since the "credit crunch" hit in 2007. Despite talk from the Financial Times that the global economy is "back on track", the reality remains one of depressed growth and austerity. Britain's economy is still 2.5 percent smaller than it was before the recession and workers' living standards continue to be attacked.

Capitalism's Last Stand?

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This September marks the fifth anniversary of the collapse of Wall Street investment bank Lehman Brothers. It is now over half a decade since the outbreak of the global financial crisis, but the world economy remains mired in depression with what the Financial Times has dubbed the "weakest recovery on record".

Walden Bello's latest book, Capitalism's Last Stand? is an attempt to analyse the roots of the current crisis and to discuss what the alternative is and our strategy for fighting for it.

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