{"id":265394,"date":"2026-08-12T11:00:25","date_gmt":"2026-08-12T10:00:25","guid":{"rendered":"https:\/\/www.worldsocialism.org\/spgb\/?post_type=snippet&#038;p=265394"},"modified":"2026-08-11T14:09:41","modified_gmt":"2026-08-11T13:09:41","slug":"summer-of-discontent","status":"publish","type":"snippet","link":"https:\/\/www.worldsocialism.org\/spgb\/snippet\/summer-of-discontent\/","title":{"rendered":"Summer of discontent"},"content":{"rendered":"<p>Grimly facing drought, hosepipe bans, wildfires and yet another heatwave? You won&#8217;t be comforted to know that &#8216;greenhouse gas concentrations, global sea level and ocean heat content all reached record highs in 2025&#8217; (<a href=\"https:\/\/phys.org\/news\/2026-08-high-greenhouse-gases-global-sea.html\" target=\"_blank\" rel=\"noopener\">phys.org<\/a>). European rivers are at record lows. The US has had its <a href=\"https:\/\/phys.org\/news\/2026-08-hottest-month-july.html\" target=\"_blank\">hottest July<\/a> on record, as has the <a href=\"https:\/\/phys.org\/news\/2026-08-july-regions-home-million-people.html#goog_rewarded\" target=\"_blank\">Sahel, Central America, France and Spain<\/a>. And don&#8217;t stock up your freezer with ice cream because you could soon be facing <a href=\"https:\/\/www.theguardian.com\/business\/2026\/aug\/10\/great-britain-emergency-power-cuts-grid-neso-blackouts\" target=\"_blank\">rolling energy blackouts<\/a>.<\/p>\n<p>It&#8217;s not all bad news though. Water company bosses are <a href=\"https:\/\/www.theguardian.com\/business\/nils-pratley-on-finance\/2026\/aug\/10\/water-companies-circumventing-bonus-rules-what-did-ministers-expect\" target=\"_blank\">still getting bonuses<\/a>,<a href=\"https:\/\/www.theguardian.com\/business\/ng-interactive\/2026\/aug\/04\/revealed-major-oil-firms-make-93bn-profits-amid-war-and-climate-crisis\" target=\"_blank\"> oil companies are cashing in<\/a> like never before, and <a href=\"https:\/\/www.theguardian.com\/business\/ng-interactive\/2026\/aug\/04\/revealed-major-oil-firms-make-93bn-profits-amid-war-and-climate-crisis\" target=\"_blank\">tech stocks are going stratospheric<\/a>.<\/p>\n<p>Still think capitalism is humanity&#8217;s best hope? We say it&#8217;s time to consider the alternative.<\/p>\n","protected":false},"template":"","class_list":["post-265394","snippet","type-snippet","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/snippet\/265394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/snippet"}],"about":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/types\/snippet"}],"wp:attachment":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/media?parent=265394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}