Inflation

In Ghana, an Important Movement Is Forming Against the IMF
As cost-of-living protests continue throughout the world, Ghana is becoming the site of one of the more dynamic struggles, due to its staunch opposition to the IMF.
Sam Carliner
November 11, 2022France: Oil Workers’ Strike Turns the Country Upside Down, Opens a Breach for the Workers’ Movement
As a monthlong strike in French oil refineries shakes the country, a political crisis is on its way to unleashing a major social crisis, one in which new sectors could join the oil workers and unleash open-ended strikes for wage increases.
Arthur Nicola
October 21, 2022Dockers at England’s Largest Cargo Port Strike Against Inflation
Dockworkers at Felixstowe, on England’s east coast, began an eight-day strike on Sunday — the first strike since 1989. The port handles 48 percent of the United Kingdom’s container freight.
Joël Malo
August 21, 2022Geopolitical Tensions Increase amid Growing Economic and Political Crises
The compounding economic crises and trend toward greater political, trade, and military confrontations between world powers expose the imperialist epoch as one of crises, wars, and revolutions.
Sou Mi
August 21, 2022‘Don’t Pay UK’ Campaign Gathers Steam as Energy Bills Continue to Rise
At least 109,000 people have signed up for the “Don’t Pay UK” campaign and are set to refuse to pay their skyrocketing energy bills in October.
Jorge Remacha
August 19, 2022Wars, Inflation, and Strikes: A Summer of Discontent in Europe?
Strikes over wage increases or working conditions are occurring in response to high inflation, aggravated by the aftermath of the war in Ukraine. These labor actions show a change in the mood of the European working class.
Josefina L. Martínez
July 12, 2022Sanctions on Russia: The Collateral Damage and Strategic Risks of the West’s ‘Economic Weapon’
In response to Russia’s invasion of Ukraine, the United States and European Union have imposed unprecedented sanctions on the Putin regime. These measures are severely damaging the Russian economy. They are also disrupting international markets in energy and other commodities. Such large-scale use of the “economic weapon” risks further fragmenting the world economy.
Esteban Mercatante
April 25, 2022Rising Gas Prices Slam Workers Across the United States: Is There a Solution?
The working class is bearing the brunt of rising oil prices — and not only at the gas pump. All signs point to gasoline continuing to cost more and more. It’s not just about Russian oil and the invasion of Ukraine. It’s how capitalism works to enrich the few at the expense of the world’s masses.
Scott Cooper
March 12, 2022As Inflation Rises, Workers Have Options for Struggle
As inflation courses through the U.S. economy, the ruling class is responding with higher interest rates and other steps aimed at keeping wages lower for the workers who bear the brunt of price hikes. What demands should workers raise to fight the latest capitalist attacks on our standard of living?
Scott Cooper
January 5, 2022