Peak Oil, Oil Depletion, & Alternative Energies

Rod Macgregor examines the oil depletion debate, its consequences for the world economy and a socialist response Peak Oil & oil depletion A debate is currently raging among oil professionals, and it splits into two camps. This debate focuses on a day called Peak Oil, the day in the future when oil production reaches an…

Tsunami and the tourist industry

The US media admit that Secretary of State Colin Powell’s visit to Thailand is designed to prop up the hard-hit tourist industry there. The catastrophic Dec. 26 tsunami hit the beaches of Sri Lanka and Thailand and the islands of the Maldives at the height of tourist season. While the tourist industry brings a lot…

Tsunami: an act of nature and the laws of capitalism

Nick Clarke looks at the global reaction to the tsunami and how capitalism is responsible for the human consequences. The devastating tsunami that smashed through the coastal areas of countries that ring the Indian Ocean on December 26th exposed the contradictions and contrasts that exist across the globe in the 21st Century. This ‘act of…