Current Affairs

Technological advancement under capitalism is being hamstrung by imperialist monopoly

Leave a Comment / American Affairs, Current Affairs, Forward /

Last month, the US House of Representatives introduced the Semiconductor Technology Advancement and Research (STAR) Act, 2024. The legislation represents the latest attempt by US officials to rescue their chip manufacturing industry and compete with China. The act introduces a 25% tax relief for companies engaging in chip design in the US.  The chip manufacturing […]

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Britain preparing for war ‘in three years’

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So why does this mean that Britain must prepare itself for war? According to Walker, Britain has “an absolute urgency to restore credible hard power in order to underwrite deterrence”. Veiled in diplomatic language, the real reason for this commitment has been made clear in the above sentence – to reassert Britain’s interests, with an

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Ireland to provide over €12 million to rearm EU militaries

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The Irish state will contribute €12 million to a European Union scheme to arm EU countries with missiles, artillery shells, and explosives This money will form part of a €1 billion initiative aimed at “incentivising the defence industry through a one-off grant to encourage faster production” of explosives. The stated rationale behind the move is

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