Stop the Wars at Home and Abroad!

Ten Big Lies About Venezuela and Its Revolution

Cooperative in Caracas, Photo: Bill Hackwell By Carlos E. Lippo on December 15, 2017, from Resumen:  LatinoAmericano and the Third World For many years I have had the absolute conviction that the only thing that the capitalist system has managed to surpass socialism in, over these last 100 years since the first consolidated socialist revolution in history took place, is[…]

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Venezuela crisis intensifies with default

by Wayne Delucca. originally published on Socialist Action Credit agency Standard & Poor has ruled Venezuela in default after the country missed $237 million in scheduled bond payments. This comes amidst an economic crisis with official inflation around 4000% and price increases well over 1000%. President Nicolás Maduro’s attempt to restructure is hindered by sanctions that stop U.S. banks from[…]

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