Venezuela crisis intensifies with default

By WAYNE DELUCA 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…

Disaster capitalism rages in Puerto Rico

By KEITH LESLIE “The only thing we need now is a hurricane.” These were the words of a financial advisor in Puerto Rico this summer, anticipating the business opportunities the devastation of a hurricane would produce. This framework—which understands disaster as an opportunity for profit—is not unusual. As Naomi Klein showed in her famous book,…

Irma lands a heavy blow on Puerto Rico

Soon after hurricane Irma devastated islands in the Caribbean and parts of Florida, Socialist Action reporter Ernie Gotta interviewed Omar Pérez Figueroa about the effects of the storm on Puerto Rico. Pérez, a native of Puerto Rico, is a member of the Juventud Hostosiana, the youth group of the Hostosian National Independence Movement. He is an…

Trump threatens Venezuela amidst crisis

By WAYNE DELUCA Only days after threatening “fire and fury” against North Korea, President Donald Trump said, “We have many options for Venezuela, including a possible military option, if necessary.” Trump was improvising, with no back-up from the Pentagon, and seems to be inventing his militaristic bombast as he goes. But we cannot dismiss the…

PepsiCo workers resist in Argentina

By ANN MONTAGUE On June 20, 691 PepsiCo workers in Buenos Aires arrived at work to see a piece of paper on the door notifying them that the plant was being relocated and they were all out of a job. In Argentina it is illegal to just close a factory and lay off workers. Companies have…

U.S. Hands Off Venezuela!

By MICHAEL SCHREIBER  — UPDATED, Aug. 2 — On July 30, Venezuela elected a new 545-member National Constituent Assembly, which takes on the task of rewriting the country’s 1999 constitution. The country faces a severe economic crisis, made worse by the economic sabotage of pro-capitalist oppositionists. Working-class neighborhoods are plagued by shortages of food, medicine,…

A call to mobilize for a national conference to fight for the full normalization of relations between the U.S. and Cuba

 COME TO FORDHAM LAW SCHOOL IN NEW YORK CITY MARCH 25-26, 2017  Dear Friends of Cuba: We are inviting organizations and individuals to help organize an inclusive, broad conference in New York City March 25-26, 2017 focused on US-Cuban relations. The National Conference will be held at the Fordham Law School and will bring together…

Fidel Castro’s legacy

By JEFF MACKLER Fidel Castro Ruz, Cuba’s revolutionary leader, president, and prime minister for five decades, died in Santiago de Cuba on Friday, Nov. 25. He was 90 years old. Although one of the most profound, clear-sighted, honest, and dedicated revolutionary leaders of the past half-century, Castro has been demonized by the corporate media as…

Fidel Castro: An autobiographical essay

In the early hours of Nov. 26, President Raul Castro announced on Cuban state television that Fidel Castro, the former president and revolutionary leader, had died and would be cremated later in the day. “The commander in chief of the Cuban revolution died at 22:29 hours this evening (03:29 GMT Saturday),” he said. “Hasta victoria…

End the embargo against Cuba!

In this year’s annual United Nations vote on a resolution condemning the U.S. embargo of Cuba, the United States and Israel abstained for the first time in the 25-year history of the vote, rather than cast the lone votes against the resolution. The U.S. press celebrated this abstention as a major advance by Washington and…

Organizing against U.S. colonial rule in Puerto Rico

Socialist Action reporter Ernie Gotta recently interviewed Francisco A. Santiago of Juventud Hostosiana (JH), a youth group for Puerto Rican independence affiliated with the Movimiento Independista Nacional Hostosiano (MINH). This article continues a series that Socialist Action is publishing on the movement against the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA). You can…

Coup in Chile: The first 9/11

By LAZARO MONTEVERDE Sept. 11, 2016, marks the 43rd anniversary of the violent 1973 coup in Chile against the elected left popular front government of Salvador Allende. Like the ancient Roman god Janus, imperialism has two faces. One face is political, the other economic. We must, if we wish to change the world, understand both…

Clinton, Kissinger and the coup in Honduras

By ANN MONTAGUE In one of the early Democratic Party debates, in order to inflate her credentials as Secretary of State, Hillary Clinton threw out an off-the-cuff comment about her relationship with Henry Kissinger: “I was very flattered when Henry Kissinger said I ran the State Department better—better than anybody had run it in a…

Fidel Castro on Obama’s visit to Cuba

By FIDEL CASTRO RUZ This letter by Fidel Castro is reprinted from the March 28 edition of Granma, published by the Cuban Communist Party. Brother Obama, We don’t need the empire to give us anything. Our efforts will be legal and peaceful, because our commitment is to peace and fraternity among all human beings who…

Argentina strike against Macri gov’t

This report first appeared on the Left Voice website. It is an adaptation of an article by Josefina L. Martínez in La Izquierda Diario, a publication that reflects the views of the Argentine Partido de los Trabajadores Socialistas (PTS).  The Public Workers’ Association (in Spanish, the Asociación de Trabajadores del Estado, ATE) called the first public sector strike,…