This year Barack Obama had a special Christmas present to give to the world: After 53 years, the US will re-establish “normal political relations” with Cuba. Read more...

摘自《退化的革命》
中国共产党成为一个以农民和大规模游击队作为基础的领导阶级的历史始于1926年至1930年的那次中国无产阶级的历史性失败。1923至1924年间，迫于共产国际的代表们在1922年以来所施与的巨大压力，中国共产党以次要角色的身份加入了当时的执政党，国民党（KMT）。1926年3月20日，蒋介石在广东发动了政变，使得当时中国共产党的党中央受到影响。在共产党的协助下，蒋介石在政变中解除了其时由香港-广东罢工委员会控制的工人们的武装。 Read more...

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The great financial crisis has revealed the instability of the capitalist system to millions around the world.

Many workers and youth are now asking: is this really the best possible economic system?  Is there an alternative?

The alternative to capitalism is, of course, socialism. But has the experience of the 20th century, and of the collapse of the USSR, proved socialism to be impossible? Did socialism fail? Read more...

In the aftermath of February’s dramatic collapse of the Shanghai stock market, the authorities in Beijing have issued a brochure warning investors of the possible dangers involved in investment, especially in unit trusts. These managed funds have proved to be particularly popular with less experienced investors attracted by the reported combined income of 124.8 billion yuan (some £9 billion) that the funds made in the last year. According to the Asia Times, over 300,000 new accounts were opened on just one day, March 6, and this sector now accounts for very nearly 20% of total stock market values. Read more...