DUBLIN HAS the odious task of hosting the World Economic Forum (WEF) from 19 - 20 October. The WEF, which is a representative "think tank" for the top thousand multinational corporations in the world, plans to hold a summit on "European Competitiveness".

The latest rich list produced by the Forbes magazine shows that the collective wealth of the world’s 1,210 billionaires has reached a new record high of $4.5 trillion - up nearly $1 trillion on last year’s total.

In the "Joe Show", a US radio talk, CWI members explain that capitalism has failded and it’s time for socialism to come to rescue.

In about three weeks, a Plenary Meeting of the General Assembly of the United Nations will be held in New York to review progress in reaching the Milennium Development Goals (MDGs).

In the past few weeks there’s been a noticeable shift in tone in the business pages and journals. Their confidence in the so-called “recovery” has faded, and has been replaced by anxiety.

Wages have been slashed, unemployment has exploded and our public services have been cut savagely as the economic crisis developed in Ireland. All of this is the result of the policies of the right-wing government and the actions of a small group of speculators, bankers and developers.

Committee for a workers' International publications

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