International Socialism 128

'Not paying the debt, nationalising the banks, introducing capital controls, programmes of public investment—all these are necessary in order to address the needs of the vast majority in economies wrecked by speculation and slump. But implementing them would involve a massive confrontation with the existing structures of economic and political power. It therefore points towards, not a reconstruction of capitalism, but a move beyond it...'

International Socialism 128 is now online, with analysis of alternatives to the crisis and the BP oil spill, Tom Hickey & Phil Marfleet on the BDS campaign against Israel, Jamie Allinson on Hamas, Christakis Georgiou on the crisis in the Eurozone, Jane Hardy on Central and Eastern Europe, Jairus Banaji on Indian Maoism, John Molyneux on Michelangelo, Neil Davidson on uneven and combined development, Simon Pirani on the Russian Revolution, Jess Edwards on the sex work debate and reviews from Esme Choonara, Estelle Cooch, Beccy Reese and Gareth Dale. Plus Pick of the Quarter.