Today on the WSWS
The World Socialist Web Site features daily news and analysis written from a socialist perspective, and commentary on the arts, culture, history, and politics. It is published by the International Committee of the Fourth International.
URL: http://www.wsws.org/
Updated: 56 min 30 sec ago
US bank profits back to pre-crisis heights
Profits reported by the 7,830 banks overseen by the FDIC totaled $21.6 billion for the three months to June, compared to a $4.4 billion loss in the second quarter of 2009.
US CEOs who laid off the most workers got the most pay
Chief executive officers responsible for the biggest mass layoffs of 2009 pulled in $12 million for the year on average, 42 percent higher than other CEOs at major companies and hundreds of times more than the average US worker.
Roma family gunned down in Slovakia
The recent shooting of a Roma family in Slovakia is a product of the racial prejudice sanctioned by the Slovak state.
Chile’s trapped miners: Victims of a ruthless drive for profit
With 33 Chilean miners nearing one month trapped 2,300 feet underground, the human drama of what could prove a four-month ordeal before they are rescued has riveted attention worldwide.
Nazi ideology from Germany’s Bundesbank
Thilo Sarrazin’s new book is a tirade of abuse against Muslim immigrants, spiced with the type of social Darwinist prejudices and racist theories associated with the criminals of the Nazi Third Reich.
The Breakdown of Capitalism and the Fight for Socialism in the United States
The following document was adopted by the First National Congress of the Socialist Equality Party (US), held August 11-15, 2010 in Ann Arbor, Michigan. The document is being published in three parts.
Indianapolis GM workers pressured to vote on wage cut
In an effort to circumvent the overwhelming vote by Indianapolis GM stamping plant workers against his demand for a 50 percent wage cut, JD Norman is stepping up pressure on workers to revote.
Workers Struggles: Europe & Africa
The World Socialist Web Site invites workers and other readers to contribute to this regular feature.
Food, Inc.: What the food industry doesn’t want you to see
Food Inc., now out in DVD, is a damning indictment of the inability of the profit system to provide safe and healthy food for everyone. Its political conclusions are terribly weak.
Afghanistan: Offensive in Kandahar underway
Over the past four months, checkpoints have been established at all the main routes into the city, and thousands of tall concrete blast walls have been installed around police stations and government buildings.
Liberal Party accused of budget “black hole”
The formation of the next government may now be determined on the basis of treasury’s assessment of the respective budget forecasts of the Labor and Liberal parties—demonstrating that the overriding priority of the corporate and financial elite throughout the election period has been to fashion an admin
US Mid-East talks: A conspiracy against the Palestinians
Today’s talks in Washington between Israeli Prime Minister Binyamin Netanyahu and Palestinian Authority President Mahmoud Abbas are a means through which the United States is seeking to further its interests in the Middle East.
Australia: Garment company returns to profit after axing jobs
Pacific Brands management paid tribute to the trade unions last week when it announced a profit based on the closure of 11 plants in 12 months, and the destruction of hundreds of jobs.
“The steel in our ship of state”: Obama cowers before the military
With its extraordinary reference to troops as “the steel in our ship of state,” President Obama’s Oval Office speech reflected an administration that cowers before the ever-expanding power of the US military.
Swedish prosecutor re-opens “rape” case against WikiLeaks’ Julian Assange
The decision by a senior Swedish prosecutor to reopen the rape charges against WikiLeaks co-founder Julian Assange is a transparently political decision. There is every reason to believe this is part of a “dirty tricks” operation.
One million US public school students homeless
A report released in July reveals that homelessness among public school students in the US increased by 40 percent from the 2006-2007 school year to 956,914 in 2008-2009.
Pakistan floods exacerbate child hunger and malnutrition
The UN World Food Programme and UN Children’s Fund have warned that the floods ravaging Pakistan will exacerbate child hunger and malnutrition. This is in a country where millions of children already suffered from acute malnutrition or stunting.
Obama administration, media intensify campaign to hold teachers “accountable”
The Obama administration in recent weeks has launched a campaign against public school teachers, blaming them for the failure of the US education system.
France steps up military intervention in Sahel
France has seized upon reports of the execution of a French aid worker by Al Qaeda in the Islamic Maghreb in July to escalate its military intervention in its former colonies in the strategic Sahel region of Western Africa.
The Brunner trial in Germany—a different picture emerges
The trial of two youth for the murder of a 50-year-old businessman has revealed a more socially nuanced picture than presented originally by the investigating authorities.
