European Central Bank cuts interest rate below zero
By Stefan Steinberg
The European Central Bank (ECB) slashed one of its interest rates to negative territory and unveiled a €400bn loan package for Europe’s banks in response to the ongoing economic slump and the threat of deflation.
At its meeting in Frankfurt Thursday, the central bank cut its main lending rate to 0.15 percent from its current historic low of 0.25 percent, and its overnight deposit rate from zero to minus 0.10 (…)
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European Central Bank cuts interest rate below zero
7 June 2014, by Robert Paris -
News from USA
13 July 2012, by Robert ParisElections in the U.S. – No Choice for the Working Class
In the U.S., the contest for President has begun again, once again coming down to a choice between two candidates who both represent the interests of the bourgeoisie – Barack Obama, from the Democratic party, and Mitt Romney, from the Republican party. So far, this election is playing out like most other elections. Both candidates are raising record amounts of money as they try to carry out their strategy of saying whatever they think (…) -
Working class struggles in China
27 February 2012, by Robert ParisWorking class struggles in China
Working class struggle is an important part of modern Chinese history, and is rising.
In a late industrialising country, the Chinese working class emerged and became organised only in the early 20th century after the country was forced to open up to global capitalism.
However, shaped by harsh economic exploitation and foreign semi-colonial domination, China’s working class quickly established itself in the space of a few decades. This culminated in mass (…) -
Working More for Less Than Ever Before
18 January 2013, by Robert ParisWorking More for Less Than Ever Before
In the last week, the government has released reports which show the rate of workers’ wages and the productivity of workers. The numbers could not possibly be more striking. In the last decades not only have workers’ wages stayed flat or started to fall, but employers are getting more and more out of the work that each of us does. It couldn’t be clearer. This is how the rich get richer – they make us do more work for less money.
Up until 1975, (…) -
Japan: Fukushima worker sues TEPCO over radiation exposure
13 May 2014, by Robert ParisJapan: Fukushima worker sues TEPCO over radiation exposure
By Will Morrow - WSWS
A worker, who was among the first to respond to the crisis at the Fukushima nuclear power plant in March 2011, has filed a legal case against the Tokyo Electric Power Company (TEPCO), the plant’s private operator, for unnecessary exposure to high levels of radiation. The lawsuit comes amid growing anger among workers at the crippled plant, over low pay and extremely dangerous and exploitative conditions. (…) -
Theses On Feuerbach
11 June 2012, by Robert ParisKarl Marx 1845
Theses On Feuerbach
Written: by Marx in Brussels in the spring of 1845, under the title “1) ad Feuerbach”;
1
The main defect of all hitherto-existing materialism — that of Feuerbach included — is that the Object [der Gegenstand], actuality, sensuousness, are conceived only in the form of the object [Objekts], or of contemplation [Anschauung], but not as human sensuous activity, practice [Praxis], not subjectively. Hence it happened that the active side, in opposition (…) -
France: Socialist Party government bows to business demands for social cuts
4 November 2012, by Robert ParisFrance: Socialist Party government bows to business demands for social cuts
By Antoine Lerougetel
1 November 2012
In an exchange on Monday with Le Parisien readers, French Socialist Party (PS) Prime Minister Jean-Marc Ayrault asserted that for him the 35-hour week was not “taboo.” Asked whether his government would return to the 39-hour week, he replied: “Why not? I’m not dogmatic.”
Government advisors feared that that his “slip”, when the transcript was published on Tuesday, would (…) -
Matter and Revolution
16 January 2018, by Robert ParisMatter and Revolution
What Revolutions of Matter?
A Travel to the Land of Revolutions (material and social)
Why saying Matter is Revolution?
Particle of Matter or Emergence of Structure in the Vacuum
Discontinuity of Matter, Energy, Light and Vacuum
Is "dark matter" a mere illusion effect
The Physics of Matter and the Dialectical Philosophy
A Philosophy of Matter
Some Misconceptions about Matter
Matter : What is astonishing ?
What is a phase transition?
A material (…) -
Franz Mehring The Origins of German Middle Class Culture The Lessing Legend
24 October 2012, by Robert ParisFranz Mehring
The Origins of German Middle Class Culture
The Lessing Legend -
The destruction of health care in Greece
12 December 2012, by Robert ParisThe destruction of health care in Greece
By Ernst Wolf
Five austerity programmes within the space of two and a half years have reduced the health system in Greece to the level of a developing country and stripped working people of the basic right to adequate medical care.
Although winter has begun and the recent cuts have already had life-threatening and sometimes fatal consequences, the troika of the International Monetary Fund, European Union and European Central Bank are insisting (…)
Rubriques
Brèves
- Bangladesh wage protests shut garment factories
- Memorial Day – Glorifying a System of Violence
- Autoworkers vote for strike as UAW continues silence on talks
- Bangladeshi police attack garment workers’ protest
- Black history month - The struggle Hasn’t End -
- British banks may get bad ?
- Cambodian security forces shoot striking garment workers
- Chicago Teachers Vote to Continue Their Strike
- Chicago – Teachers Draw the Line Against Attacks
- China: 2,000 workers riot at Foxconn factory
- Conflit de l’entreprise Ceramica Cleopatra : affrontements à السويس Suez
- Emeutes à Ferguson après l’incendie du mémorial Michael Brown - Riots in Ferguson after the Michael Brown Memorial have been destructed
- Events The Struggle in Syria – Reality Behind the Myth
- For workers’ power in Egypt!
- Haiti threatened by a new earthquake
- Hundreds more US coal miners laid off
- Hunger and Misery are the Agitators, Not Us
- India: Contaminated school-meal kills 22 children
- Karl Marx and Friedrich Engels Books On Line
- Nazi Offensive in the USA
- Political crisis deepens in Mexico as army is called on to testify on Iguala massacre
- Political Document on Greece
- Puerto Rico: Profits Over People
- Reading upon dialectic
- Salaire non payé : émeute devant l’Hôtel Nile City Tower au Caire – 2 août 2012
- Second St. Louis area police shooting highlights unrestrained police violence in the US
- South Africa’s unions use mass sackings and murder to suppress miners
- Strike in Cambodia
- Strike in South Africa
- Struggles in Ecuador - Affrontements en Equateur - En français - In English
- Syria : begining of the third wold war ?
- Terrorism of ISIS and Terrorism of USA and France are inseparable
- The Crisis in Yemen – Not a Domestic Product
- The horrific events in Charlottesville
- The State Of Black America – A State Of Emergency
- The Struggles of Labor
- Toward World War III
- Trump : "American Billionaire First !"
- US launches air strikes inside Syria
- US military occupation of Haïti
- USA News
- War Against All Peoples Is Also War Against US People
- Washington ships arms to Al Qaeda-linked forces in Syria
- We Can Learn From the Russian Revolution
- Who is Responsible for the Disruption of Our Lives – BART Workers or the Bosses?
- Workers ! Future depends on ourselves !
- Workers riot in Greece - Emeute ouvrière en Grèce
- Workers’s opposition to Morsi
- Yuhang mass protests shake Chinese regime