Historical
118-702: The World Socialist Web Site ( WSWS ) is the website of the International Committee of the Fourth International (ICFI). It describes itself as an "online newspaper of the international Trotskyist movement". The WSWS was established on February 14, 1998. The site was redesigned on October 22, 2008, and then again on October 1, 2020. The WSWS supports and helps campaign for the Socialist Equality Parties in elections. The site has no advertisements, except for material from Mehring Books ,
236-634: A Dow Jones share about ten years later. Under Barron ownership, Thomas F. Woodlock was editor of the Journal from 1902 to 1905. By the end of Woodlock's tenure, daily circulation for the Journal rose from 7,000 to 11,000. William Peter Hamilton became lead editorial writer in 1908, a time when the Journal began reflecting the views of Barron. Hamilton wrote what Scharff considered "daily sermons in support of free-market capitalism". Barron and his predecessors were credited with creating an atmosphere of fearless, independent financial reporting—a novelty in
354-483: A West Coast edition on October 21, 1929, The Wall Street Journal Pacific Coast Edition . The Pacific Coast Edition focused on California businesses and replicated some items from the regular Wall Street Journal ; however, its circulation never exceeded 3,000, and the Great Depression led numerous subscription cancellations. By 1931, Bernard Kilgore became news editor for The Wall Street Journal , having joined
472-491: A broader shift away from news content. On June 13, 2022, the Journal launched a product review website called Buy Side . The website remains free and has a distinct team from the Journal newsroom. In February 2024, the Journal laid off about 20 employees, primarily economics reporters based in Washington, D.C. Moving forward, those beats will be covered by the newspaper's New York-based business team. The next month
590-519: A century – always six columns, with the day's top stories in the first and sixth columns, "What's News" digest in the second and third, the "A-hed" feature story in the fourth (with 'hed' being jargon for headline ) and themed weekly reports in the fifth column – the paper in 2007 decreased its broadsheet width from 15 to 12 inches while keeping the length at 22 3 ⁄ 4 inches, to save newsprint costs. News design consultant Mario Garcia collaborated on
708-546: A definitive merger agreement. The $ 5 billion sale added The Wall Street Journal to Rupert Murdoch 's news empire, which already included Fox News Channel , Fox Business Network , London's The Times , the New York Post , and the Fox flagship station WNYW (Channel 5) and MyNetworkTV flagship WWOR (Channel 9). On December 13, 2007, shareholders representing more than 60 percent of Dow Jones's voting stock approved
826-430: A few weeks later amid further restructuring, including at least eight reporters. Since 1980, the Journal has been published in multiple sections. The Journal increased its maximum issue length to 96 pages, including up to 24 color pages, in 2002. With the industry-wide decline in advertising, the Journal in 2009–10 more typically published about 50 to 60 pages per issue. As of 2012 , The Wall Street Journal had
944-517: A luxury lifestyle magazine, was launched in 2008. A complement to the print newspaper, The Wall Street Journal Online , was launched in 1996 and has allowed access only by subscription from the beginning. A weekly (later daily) crossword edited by Mike Shenk was introduced in 1998. In 2003, Dow Jones began to integrate reporting of the Journal 's print and online subscribers together in Audit Bureau of Circulations statements. In 2007, it
1062-624: A major expansion outside of the United States ultimately placing its journalists in every major financial center in Europe , Asia , Latin America , Australia , and Africa . In 1970, Dow Jones bought the Ottaway newspaper chain, which at the time comprised nine dailies and three Sunday newspapers. Later, the name was changed to Dow Jones Local Media Group . The first strike affecting a Journal printing plant
1180-687: A majority of the French section of the International, because they disagreed with the International's policy of working within the Stalinist Communist Party of France . This policy was described as one of entrism sui generis, entryism of a special kind, in which the Trotskyists were to join the Stalinist or Socialist mass parties with a long term perspective of working within them. Some critics of
1298-424: A method of illustration considered a consistent visual signature of the paper. the Journal still heavily employs the use of caricatures , including those by illustrator Ken Fallin , such as when Peggy Noonan memorialized then-recently deceased newsman Tim Russert . The use of color photographs and graphics has become increasingly common in recent years with the addition of more "lifestyle" sections. The daily
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#17328553873921416-606: A permanent dissolution into the Communist Party in every country. After the ICFI withdrew from the FI in 1953, many sections of the ISFI entered communist parties. However, it later became clear that the sections of the ISFI did not dissolve, or enter permanently. Nevertheless, the ISFI's political trajectory led its sections to mistakes as well as, in one case, participation in bourgeois governments when
1534-578: A political reunion. Ever greater agreement with regard to the Algerian War of Independence , and the Cuban Revolution of 1959 also brought the SWP and the ISFI closer together. Meanwhile, inside the ISFI, Pablo had lost much of his political influence, removing yet another barrier to reunification. In 1962, the ICFI and ISFI formed a Parity Committee to organise a World Congress of the two factions. ISFI and
1652-760: A very small foothold in French politics. Some members of the SLL continued to support the OCI, later the PCI as it became known and set up the Socialist Labour Group in Britain, affiliated with the OCRFI and defending their positions. It was joined shortly afterward by the above-mentioned League for a Workers Republic in Ireland, further depleting the ICFI ranks. Delegates from eight countries attended
1770-540: A week from New York for the Journal . Then in 1934, Kilgore began writing a daily news digest "What's News" for the Journal front page. Kilgore's writings attracted the attention of the White House; President Franklin D. Roosevelt publicly recommended Kilgore's work about pension payments for World War I veterans and a Supreme Court decision on the National Industrial Recovery Act of 1933 . However,
1888-568: The Journal , is an American newspaper based in New York City , with a focus on business and finance. It operates on a subscription model, requiring readers to pay for access to its articles and content. The Journal is published six days a week by Dow Jones & Company , a division of News Corp . The first issue was published on July 8, 1889. As of 2023, the Wall Street Journal is
2006-539: The National Review described it as "one of the few media outlets examining the 1619 Project in critical detail" and extensively cited contributions by historians Gordon S. Wood , who in 2007 was referred to as "the favorite historian of America’s liberal establishment", and James M. McPherson ; the research director of the right-wing American Institute for Economic Research told the Dartmouth Review that there
2124-583: The New York Times ' The 1619 Project , which aimed to reframe American history by placing the consequences of slavery and the contributions of Black Americans at the center of the country's national narrative. WSWS described the project as "one component of a deliberate effort to inject racial politics into the heart of the 2020 elections and foment divisions among the working class." According to The Washington Post : On Dec. 16 [2020], Wall Street Journal opinion columnist Elliot Kaufman brought into
2242-467: The Afternoon Letter was renamed The Wall Street Journal . The debut issue of the Journal was four pages long, with dimensions of 20 3/4 × 15 1/2 inches and cost of $ 0.02 per copy. In its early days, the Journal had "a tedious, blow-by-blow account of the day's business without benefit of editing," wrote Edward E. Scharff in 1986. For nearly 40 years, the front page had a four-column format, with
2360-469: The Dow Jones Industrial Average and Dow Jones Railroad Average . The first morning edition of the Journal was published on November 14, 1898. By the late 1890s, daily circulation reached 7,000. Charles Dow wrote the first "Review and Outlook" column on April 21, 1899, a front-page editorial column explaining stock prices in terms of human nature; Dow's thinking would later be known as
2478-512: The Dow theory . Scharff regarded Dow's essays from 1899 to 1902 as "stock market classics". In the months before passing in 1902, Dow arranged to sell Dow Jones and the Journal to Clarence W. Barron , Boston correspondent for the Journal since 1889, for $ 130,000 (equivalent to $ 4,578,000 in 2023). Because Barron had financial difficulties, his wife Jessie Waldron Barron made the $ 2,500 down payment to buy Dow Jones in 1902; Clarence would first own
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#17328553873922596-515: The Great Depression in the United States . Barron's descendants, the Bancroft family , would continue to control the company until 2007. The Wall Street Crash of 1929 would be yet another challenge to the Journal on top of Barron's death. William Peter Hamilton died of pneumonia on December 9, 1929, aged 63. Circulation of the Journal , having surpassed 50,000 in 1928, dropped below 28,000 in
2714-551: The International Secretariat of the Fourth International . It reiterated what it saw as the basic principles of Trotskyism and described the direction of the "Pabloite" faction as "revisionist", claiming that this threatened the survival of the Fourth International, the liquidation of the Trotskyist program and definite steps taken towards its organisational liquidation. As an example, the letter explained that Pablo expelled
2832-479: The Journal continued to struggle financially, with circulation stagnant at 32,000 in 1940. Most editions were only 12 to 14 pages long, and Dow Jones made only $ 69,000 of profits on $ 2 million of revenue, mostly due to its news ticker. Scharff observed a lack of coverage about a possible U.S. role in World War II . In the 1940s, Dow Jones took steps to restructure the Journal . Kilgore was named managing editor of
2950-529: The Journal copy desk in 1929. He began writing a column for the Pacific Coast Edition called "Dear George", a feature explaining obscure financial topics in simpler, plain rhetoric. "Dear George" sharply contrasted with other Wall Street Journal articles that relied on jargon that was incomprehensible even to its own reporters. The Eastern edition of the Journal began carrying "Dear George", and beginning in 1932, Kilgore wrote "Dear George" three times
3068-613: The Journal had not yet entered popular understanding. The first major journalism award for the Journal was a Sigma Delta Chi public service award, for stories in late 1952 exposing links between Empire Mail Order and organized crime. These stories followed news that Howard Hughes sold RKO Pictures to Empire Mail Order. Circulation of the Journal continued increasing throughout the 1950s, to 205,000 in 1951, 400,000 in 1955, and over 500,000 by 1957. Warren H. Phillips became managing editor of The Wall Street Journal in 1957 after being promoted from Chicago bureau manager. Phillips
3186-561: The Journal in 1941 and Dow Jones CEO in 1945. Scharff described Kilgore's approach to journalism: "A Journal story had to satisfy its sophisticated readership, but it also had to be clear enough not to discourage neophytes." Additionally, Kilgore aimed to have the newspaper appeal to a national audience, by making the East Coast and West Coast editions of the Journal more homogeneous. Until printing presses and reporting bureaus could be opened on location, photographs could not be included in
3304-433: The Journal launched a weekend edition, delivered to all subscribers, which marked a return to Saturday publication after a lapse of some 50 years. The move was designed in part to attract more consumer advertising. In 2005, the Journal reported a readership profile of about 60 percent top management, an average income of $ 191,000, an average household net worth of $ 2.1 million, and an average age of 55. In 2007,
3422-523: The Journal launched a worldwide expansion of its website to include major foreign-language editions. The paper had also shown an interest in buying the rival Financial Times . The nameplate is unique in having a period at the end. Front-page advertising in the Journal was re-introduced on September 5, 2006. This followed similar introductions in the European and Asian editions in late 2005. After presenting nearly identical front-page layouts for half
3540-419: The Journal to charge similarly inflated advertising rates, as the advertisers would think that they reached more readers than they actually did. In addition, the Journal agreed to run "articles" featuring Executive Learning Partnership, presented as news, but effectively advertising. The case came to light after a Belgian Wall Street Journal employee, Gert Van Mol , informed Dow Jones CEO Les Hinton about
3658-608: The Journal . In 1947 , the paper won its first Pulitzer Prize for William Henry Grimes's editorials . Also in May 1947, the Journal launched a Southwest edition based in Dallas . The newspaper also added a new slogan in 1949: "Everywhere, Men Who Get Ahead in Business Read The Wall Street Journal ." Circulation grew by nearly four-fold, from 32,000 in 1940 to 140,000 in 1949; however, Kilgore's editorial reforms of
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3776-582: The Lanka Sama Samaja Party (LSSP) entered the government of Ceylon and was expelled from the International. The ICFI sees similar pressures at work now: describing as "Pabloites" those former Trotskysists who today are enforcing IMF dictates in Brazil as members of the Lula government. Some sections of the ICFI have practiced temporary entryist policies, but continually emphasized to their membership that this
3894-546: The Little Rock Central High School integration crisis went beyond the largely visual, emotional elements on newspapers and television, in depicting local citizens as supportive of integration in contrast to Governor Orval Faubus and other local politicians. During the 1962–1963 New York City newspaper strike , the Journal was the only daily newspaper to continue printing in New York City; however, after
4012-652: The New York Stock Exchange Building . The first products of Dow Jones & Company , the publisher of the Journal , were brief news bulletins, nicknamed flimsies , hand-delivered throughout the day to traders at the stock exchange . Beginning in 1883, they were aggregated in a printed daily summary called the Customers' Afternoon Letter , sold for $ 1.50 per month compared to the $ 15 a month Dow Jones bulletin service. Dow Jones opened its own printing press at 71 Broadway in 1885. Beginning July 8, 1889,
4130-587: The President of Russia Vladimir Putin , "who is portrayed as a new Hitler and an aggressor". About the shootdown of the Malaysia Airlines Flight 17 in 2014, the WSWS stated that "Washington has presented not one shred of evidence that Flight MH17 was brought down by a missile either fired by the anti-Kiev forces or supplied by Moscow". Regarding the assassination of Boris Nemtsov in 2015, David North wrote for
4248-500: The largest newspaper in the United States by print circulation , with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after The New York Times . WSJ publishes international editions in various regions around the world, including Europe and Asia. The editorial pages of the Journal are typically center-right in their positions. The newspaper has won 39 Pulitzer Prizes . A predecessor to The Wall Street Journal
4366-668: The 'Security' Campaign. In 1977 and 1978 Gelfand asked questions concerning the Workers League's charges inside the SWP. In March 1978, Gelfand was warned by the local executive committee against publicly questioning the leadership of the SWP. Rather than attempt to answer Gelfand's concerns, the political committee considered the raising of these questions as a slander against Hansen, and warned Gelfand in April 1978 that he would be disciplined if he continued to seek answers. In December 1978, Gelfand took
4484-441: The 1930s, and the newspaper downsized from 28 to 16 pages in the 1930s as well. Dow Jones president Hugh Bancroft retired in 1932; following his death in 1933, his widow Jane Waldron Bancroft appointed Kenneth Craven "Casey" Hogate as new company president. Hogate envisioned expanding the scope of the Journal to a "more general business paper" beyond stock and bond numbers. Expanding westward, The Wall Street Journal debuted
4602-422: The 1966 conferences "remained dead letters". It argued: "The SLL has had its own international activity, so has the OCI. Germany and Eastern Europe have remained the 'private hunting-grounds' of the OCI...". By the late 1960s all far left tendencies were growing and the ICFI was no exception. Increased membership, cheaper airflights and phone contact also allowed contacts to become more regular overseas. In this way
4720-781: The 2014 Revolution of Dignity in Ukraine as a coup backed by the United States and Germany in which the Ukrainian far-right coalition of organizations Right Sector and political party Svoboda would have played a "crucial role". Furthermore, the WSWS criticized the coverage of the Russo-Ukrainian War in 2014 by the majority of German media outlets, describing it was one-sided and "anti-Russian propaganda". Thus, leading outlets such as Der Spiegel and Die Zeit would have been clamouring for military action against Russia and attacking
4838-675: The British section led by Gerry Healy and Pierre Lambert's Internationalist Communist Party (PCI) in France. Trotskyist groups in various other countries, notably in Switzerland, China, Canada and Nahuel Moreno 's group in Argentina, also joined. The grouping's founding statement was an open letter of the National Committee of the SWP which outlined the disputes it had with Pablo's faction within
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4956-684: The British section of an ICFI, with other sections in Russia/Ukraine, Sri Lanka and Greece. The Russian section is called the Workers Revolutionary League which is the Soviet section of the ICFI and has members in Russia, Ukraine and Belarus. (Source 'Marxist Review' September 2008 Volume 23 Issue Number 8) Anticipating an outbreak of US militarism after the collapse of the USSR, the ICFI associated with
5074-512: The CIA's computer division, and it criticized the fact that neither Fields nor Wohlforth had revealed that to the League. Fields and Wohlforth had denied that Fields had connections with state agencies. In August 1974, the League's central committee suspended Fields from membership and removed Wohlforth as national secretary pending a commission of inquiry, in a unanimous vote that included Wohlforth's. Both left
5192-633: The Chinese RCP, Lutte Ouvrière , the Revolutionary Workers Party in Sri Lanka and the SWP united to brand it "a Shameless Frame-up". After the Workers' Revolutionary Party left the ICFI in 1985, WRP secretary Cliff Slaughter also repudiated the investigation. Both sides claimed that the other had no factual detail to support its charges: The ICFI argues that the defense of the SWP leadership, and
5310-716: The Fourth International Historical The International Committee of the Fourth International ( ICFI ) is a public faction of the Fourth International founded in 1953. Today, two Trotskyist internationals claim to be the continuations of the ICFI; one with sections named Socialist Equality Party which publishes the World Socialist Web Site , and another linked to the Workers Revolutionary Party in
5428-407: The Fourth International or to muzzle and handcuff them." "Their scheme has been to inject their Stalinist conciliationism piecemeal and likewise in piecemeal fashion, get rid of those who come to see what is happening and raise objections." Linked below is a history of the founding of the ICFI and the "Open Letter". In the eyes of the ICFI, Pabloite entryism sui generis meant liquidationism or
5546-570: The Gelfand case only released the grand jury testimony after the case had been closed. The ICFI's investigation into the SWP and defense of Alan Gelfand was opposed by almost all Trotskyist groups: no current outside the ICFI supported it. Most Trotskyist organisations joined forces to defend the SWP leadership, including the United Secretariat of the Fourth International , Pierre Lambert 's OCI, Nahuel Moreno 's PST, Robertson's Spartacist League ,
5664-409: The ICFI group in the United States, Workers' League , developed political differences with the majority: Tim Wohlforth and Nancy Fields, his partner. A number of political and organisational disputes unfolded, which the ICFI described as a series of disruptions and expulsions animated by Fields. It was brought to the attention of the Workers' League's Central Committee that Fields' uncle had worked for
5782-626: The ICFI was able to grow in Sri Lanka. New sections appeared in Germany, in 1971, and Ireland. The OCI and its supporters around the ICFI left the ICFI in 1971. This reflected growing differences, primarily over the OCI's support for the Partido Obrero Revolucionario (POR) and the SLL's emphasis on Marxist philosophy in the training of its newer members. Both the SLL and OCI were at this point developing connection to Trotskyists in other countries, but in different ways. The contest between
5900-530: The ICFI's publishing arm. David North serves as Chairman of the site's International Editorial Board. The WSWS periodically undertakes focused political campaigns, during which numerous articles, videos, interviews, and perspectives are published on the topic. Campaigns undertaken include defending Julian Assange , Chelsea Manning , and Edward Snowden , civil rights and free speech, and the opposition to utility shutoffs and bankruptcy in Detroit. The WSWS described
6018-537: The LSSP was the notable absence from the ISFI's 1961 World Congress. In 1964, the LSSP joined the bourgeois government of Sri Lanka, which the ICFI and USFI condemned as betraying Trotskyist principles. The ICFI and USFI no longer considered the LSSP a Trotskyist party at that point, and encouraged Sri Lankan Trotskyists to leave that party. Some time later a new organization, the Revolutionary Communist League
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#17328553873926136-584: The Latin American sections of the ICFI also left the ICFI to join the USFI, allowing the SWP and its allies to claim that a majority of the sections of the ICFI had joined the USFI. In the eyes of the ICFI, the Latin American sections had adopted Pabloism and were dependent on their connections to the SWP. Within the SWP, some members who had studied the meaning of the 1953 split opposed the reunification. These were gathered around Tim Wohlforth and James Robertson in
6254-404: The League and eventually joined the SWP for a few years. An investigation conducted by the Workers' League concluded that Fields did not have connections to the CIA and the two were requested to resume their membership. However, they refused. Wohlforth wrote an extended attack on the International Committee in Intercontinental Press . Intercontinental Press began a campaign denouncing the ICFI for
6372-425: The Open Letter counter that the SWP and their co-thinkers in The Club had failed to defend the French majority against Pablo, and that they had shared the 1951 perspectives of International on war-revolutions and the need for deep entryism in the Communist Parties. The Club's entryism into the Labour Party in Britain resembled entrism sui generis. However, Pablo aimed for the FI to implement entryism more deeply than
6490-438: The Pabloites had sought to attract during the mass exodus of people from the Stalinist Parties after the revelations of Stalin's atrocities in the 1950s. They called this "opportunism" because it represented what they saw as a revision of Marxism for the sake of attracting new members from the radicalizing middle class. Within the SWP, as well as within the rest of the ICFI, an opposition to the reunification came together. Some of
6608-399: The Revolutionary Tendency. They echoed the SWPs Open Letter, arguing that the leaders' turn to Pabloism coincided with the introduction of Stalinist ideas, followed by an expulsion of those members who exposed the leadership's lack of principles. The SWP had supported the Cuban Revolution led by Fidel Castro . However, Robertson's followers embarrassed Wohlforth and the SLL by suggesting that
6726-426: The SEP prepared for a new radicalization of the working class. For this reason, its sections reorganised into Socialist Equality Parties throughout the world. After a year of internal discussion, in 1998 the ICFI launched the World Socialist Web Site . There are also groups working to build SEPs in other countries: Wall Street Journal The Wall Street Journal ( WSJ ), also referred to simply as
6844-437: The SLL argued that the programme of the IC had to be the basis for further revolutionary organisation. The PCI's differences were reflected in its openness to the Algerian MNA and the Bolivian POR. Early in 1967 the PCI changed its name to Organisation Communiste Internationaliste (OCI), a move that also suggested the OCI's greater modesty. By May 1967, the OCI argued that the IC was not functioning well, and that key decisions of
6962-414: The SWP could not be saved. With Wohlforth laying the evidentiary basis for claims of "party disloyalty" the RT leaders were expelled from the party, forming Spartacist. Wohlforth now led a Reorganized Minority Tendency until the tiny group of 9 people was also expelled from the SWP early in the fall of 1964. Wohlforth and his associates went on to found the American Committee for the Fourth International ,
7080-436: The SWP officially only acted as observers at the event, being prevented from affiliating to the ICFI by US law . As early as the 1956 Hungarian Revolution , the leadership of the American SWP was beginning to show signs of convergence with the developing political line of the organisations grouped in the ISFI . The disappearance of the Socialist Union of America , the American affiliate of the ISFI, removed one such barrier to
7198-467: The Spartacist tendency after the failure of Robertson to attend a conference session. Robertson said this was due to exhaustion; the IC argued that Roberton's alleged refusal to apologise reflected a rejection of communist methods, and he was asked to leave. The Spartacists would go on to form the International Spartacist Tendency . The ICFI now claims that the Sparticists were never interested in an agreement, and desired to go off in their own direction. If
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#17328553873927316-430: The Sparticists did not desire to break off into their own organization, the ICFI now argues, a misunderstanding at the conference could have been solved. The ICFI also says the Sparticists are nationalist in their orientation, refusing to be controlled by an international organization, as well as supporting politically affirmative action, black nationalism , Stalinist regimes and denying the existence of globalization. In
7434-439: The UK. The International Committee originated as a public faction of the Fourth International . It was formed in 1953 by a number of national sections of the FI that disagreed with the course of the International Secretariat of the Fourth International led at that time by Michel Pablo (Raptis) and Ernest Mandel (Germain). The Committee was co-ordinated by the American section, the Socialist Workers Party (SWP), and included
7552-454: The US Government to court: his brief summarised the Workers League's charges and demanded that the US government name its informers in the SWP. The SWP expelled him the following month, leading Gelfand to take both the US Government and the SWP to court, arguing that since those expelling him were, in his opinion, agents of the US government, his civil liberties were being infringed upon by the US Government. The ICFI came to Gelfand's aid and, in
7670-464: The US alleged to have participated in the assassination of Trotsky, and claimed that this was done without the knowledge of the Trotskyist movement. FBI documents describing these meetings were published by the Workers League. Hansen claimed that this contact had been agreed by the SWP's leadership. Felix Morrow , who had been an SWP leader in 1940, said in 1975 that he thought that the SWP would not have authorised Hansen's meetings. The ICFI concluded that
7788-421: The US and Soviet states to be groundless. By the end of the 1970s, the revolutionary upsurge of the 1960s and 1970s had subsided. Membership of the ICFI fell, and the WRP leadership was not prepared. It entered into alliances with nationalist leaders in the under-developed countries. This aroused the consternation of some members throughout the ICFI. The WRP had gained members and prominence in Great Britain, but
7906-474: The US government's Cointelpro program, in which the FBI illegally infiltrated many groups and political parties and conducted provocations against opponents of the war in Vietnam. From 1961 to 1976, fifty-five FBI informants held SWP offices or committee positions and fifty-one served on executive committees of the party. In May 1975, the sixth congress of the ICFI initiated a "Security and the Fourth International" investigation into "the circumstances surrounding
8024-414: The US sent delegates: that of Tim Wohlforth and that of James Robertson . Observers came from a group in French-speaking Africa, a small group in Germany later to form the Bund Sozialistischer Arbeiter, and individuals who had left USFI sections in Ceylon and Denmark. Non-voting observers came from Voix Ouvrière and a state capitalist tendency in Japan. One result of this Congress was the expulsion of
8142-581: The WSWS alleged that several sites, such as AlterNet and Globalresearch.ca , had received reduced traffic from Google due to changes in its search algorithm. According to the WSWS, between late April 2017 and the beginning of August 2017 its Google search traffic fell by 67%. Google said that it had not deliberately targeted any particular website, and Google vice-president Ben Gomes wrote that Google had "adjusted [its] signals to help surface more authoritative pages and demote low-quality content." In 2019, WSWS received considerable attention for its criticisms of
8260-464: The WSWS noted, in regards to Syria, that, “Gilbert Achcar, also hailed these “revolutionaries,” in many cases discredited former regime figures. No attempt was made to describe their political programme or to explain why feudal Gulf despots who outlaw all opposition to their rule at home would support a progressive revolution abroad”. Reason has said that a 2020 viral false account of New York University agreeing to racially segregated student housing
8378-437: The WSWS that he was wondering if the United States was planning a coup to replace Putin with a "Western-friendly oligarch". According to Julianne Tvetan writing in In These Times in July 2017, the WSWS drew attention to new Google search algorithms intended to remove fake news , which WSWS believed to be a form of censorship by Google . Using evidence from SEMrush , an analytics suite for search engine optimization ,
8496-638: The West and giving them mainstream credibility to support Russian talking points. In an article for the socialist magazine New Politics , the Lebanese Trotskyist academic Gilbert Achcar described the WSWS as "pro-Putin, pro-Assad and 'left-wing' propaganda" combined with "gutter journalism ... run by a 'Trotskyist' cult ... which perpetuates a long worn-out tradition of inter-Trotskyist sectarian quarrels in fulfilling its role as apologist for Putin, Assad, and their friends." Responding in part to these claims
8614-498: The Wohlforth incident, with its editor Joseph Hansen writing that the concern over security indicated "paranoia" on the part of the IC's central leader, Gerry Healy. The ICFI thought this reaction was surprising, given the role that state infiltration had played in the Trotskyist movement, including in the assassination of Trotsky. In addition, this came only a few years after the revelations of
8732-619: The assassination of Leon Trotsky". By mid-1977, the Security campaign used publicly available government documents, and court testimony by Soviet agents tried in the United States, to allege that some leading figures of the American SWP, including a figure close to Leon Trotsky, were agents of the US or USSR governments. They noted that Joseph Hansen had met FBI agents numerous times over a number of months in 1940 to give them information about Stalinists in
8850-614: The basic Leninist principle of inner-party democracy. In 1963 the SWP and the smaller Swiss, Canadian, Chinese and Latin American sections of the ICFI agreed to reunite with the ISFI at the World Congress, to form the United Secretariat of the Fourth International . This was immediately opposed by the Revolutionary Tendency of the SWP, and by the SLL in Britain and the PCI in France, as well as many orthodox Trotskyists throughout
8968-554: The changes. Dow Jones said it would save $ 18 million a year in newsprint costs across all The Wall Street Journal papers. This move eliminated one column of print, pushing the "A-hed" out of its traditional location (though the paper now usually includes a quirky feature story on the right side of the front page, sandwiched among the lead stories). The paper uses ink dot drawings called hedcuts , introduced in 1979 and originally created by Kevin Sprouls , in addition to photographs,
9086-422: The charge that the ICFI's campaign was a 'frame up,' are slanders against Workers' League without factual backing. Those who supported the SWP against the ICFI argued that it was a breach of socialist principals to bring the courts into the labour movement, (although the ICFI did not bring the courts in, a supporter of the ICFI who was in the SWP did) and that the ICFI's charge that the SWP was controlled by agents of
9204-643: The committee said that News Corporation had violated its agreement by not notifying the committee earlier. However, Brauchli said he believed that new owners should appoint their own editor. A 2007 Journal article quoted charges that Murdoch had made and broken similar promises in the past. One large shareholder commented that Murdoch has long "expressed his personal, political and business biases through his newspapers and television stations". Former Times assistant editor Fred Emery remembers an incident when "Mr. Murdoch called him into his office in March 1982 and said he
9322-500: The company's acquisition by News Corporation. In an editorial page column, publisher L. Gordon Crovitz said the Bancrofts and News Corporation had agreed that the Journal ' s news and opinion sections would preserve their editorial independence from their new corporate parent. A special committee was established to oversee the paper's editorial integrity. When the managing editor Marcus Brauchli resigned on April 22, 2008,
9440-466: The concluding part of the "Open Letter" reads: "To sum up: The lines of cleavage between Pablo’s revisionism and orthodox Trotskyism are so deep that no compromise is possible either politically or organizationally. The Pablo faction has demonstrated that it will not permit democratic decisions truly reflecting majority opinion to be reached. They demand complete submission to their criminal policy. They are determined to drive all orthodox Trotskyists out of
9558-639: The course of the trial, made many claims about US government infiltration into the SWP as part of CoIntelPro and earlier. The ICFI also wanted to investigate infiltration by the USSR, considering the resources that the Stalinists had devoted to infiltrating and physically destroying the Fourth International culminating in the murders of Erwin Wolfe in Spain, Lev Sedov in France, and Leon Trotsky in Mexico. It had been known that
9676-466: The documents, along with FBI documents suggesting that Hansen had met with a recruiter for the Stalinist GPU two years before Trotsky's assassination, and his refusal to answer questions put, showed that Hansen was a government agent. The investigation intensified in 1978 after the decision by the SWP leadership to warn Alan Gelfand, a lawyer who had joined the SWP late in 1975, just after the start of
9794-488: The early days of business journalism . In 1921, Barron's , the United States's premier financial weekly, was founded. Scharff described the newspaper in the Barron era as "Wall Street's public defender" against regulatory efforts by the U.S. Congress. Circulation continued to rise, reaching 18,750 to 1920 and 52,000 briefly in 1928. Barron died in 1928, a year before Black Tuesday , the stock market crash that greatly affected
9912-497: The fight citing The Boston Globe , the Baltimore American , and anonymous sources. Seldom did The Wall Street Journal publish analysis or opinion articles in its early decades. In addition to a private wire to Boston, the Journal had reporters communicate via telegraph from Washington, Philadelphia, Chicago, Pittsburgh, Albany , and London. In 1896, the Journal began publishing two separate Dow Jones stock indicies,
10030-475: The former "Business & Tech" and "Money & Investing" sections. The new "Life & Arts" section took the place of "Personal Journal" and "Arena". In addition, the Journal 's "Greater New York" coverage was reduced and moved to the main section of paper. The section was shuttered on July 9, 2021. A 2018 survey conducted by Gallup and the Knight Foundation found that The Wall Street Journal
10148-462: The fourth world conference of the IC in April 1972. In conjunction with a massive growth in membership and preparations for what they believed would be "mass influence", the SLL renamed itself the Workers Revolutionary Party in 1974 and remained a part of the ICFI along with affiliated sections in Ireland, Greece, Germany, Spain, Australia, the USA, Ceylon and Peru. In the middle of the 1970s, two leaders of
10266-427: The leaders of the ICFI felt wise: They were also concerned by Pablo preparedness to enforce entrism, if necessary by splitting sections or appointing new leadership teams. The Open Letter went on to explain that, in the SWP's view, what it described as Pabloite Revisionism was the result of a lack of confidence in the revolutionary capabilities of the working class and an impressionistic, overly positive, assessment of
10384-515: The leadership increasingly went its own way against the ICFI as a whole. This conflict erupted in the mid-1980s and ended with the disintegration of the WRP. The various currents of the WRP attempted to found their own ICFIs each claiming to be the official one, yet they did not break with their old policies systematically and won no new international support. They disintegrated, and as of 2006 , only two active ICFIs survives, one led by David North of what
10502-426: The leadership of SWP revised the basic Trotskyist principle that only a conscious Marxist leadership can ensure a successful socialist revolution. Instead they argued that "unconscious Trotskyists" would come to power in colonized countries as well as within the Stalinist bureaucracies. It was no longer necessary to build a mass Trotskyist party. Anyone who opposed these conceptions was silenced or expelled, breaking with
10620-623: The mainstream criticisms of the 1619 Project from four historians who had been questioning it for months on the World Socialist website, a fringe news publication founded upon the principles of Trotskyism. Some of what those professors wrote had gained momentum in the Twitterverse and sparked discussion about their analysis of the 1619 Project. WSWS received considerable praise from both liberal historians who contributed to their analysis and conservative commentators for its criticisms. For example,
10738-451: The members entering into revolutionary politics during a revolutionary upsurge of the international working class. The OCI and the OCRFI considered the ICFI to be an ossicifed political sect incapable of growing beyond their 'mother' section in the UK. The OCRFI in fact outpaced the ICFI in growth from then on. Some members of OCI continued to support the ICFI, however, which allowed the ICFI to regain
10856-428: The middle two devoted to news briefs and the farther two filled with advertisements for brokerage services. The Journal focused on stories from news wires and listings of stocks and bonds, while occasionally covering sports or politics. One front-page story on the debut edition of The Wall Street Journal was a raw wire report about the boxing match between John L. Sullivan and Jake Kilrain , with varying accounts of
10974-503: The murderer of Trotsky had been a boyfriend of one of his secretaries, who was introduced to her by a Stalinist agent in France. The investigation of the ICFI later revealed that Cannon's secretary, Sylvia Callen , had been a Stalinist informer working through the CPUSA , and had been formerly married to a KGB agent, a fact that was confirmed by Grand Jury testimony. (See External link to FBI file on Jack Soble, at bottom of this page.) The judge in
11092-478: The official organ of which was a bimonthly mimeographed publication, the Bulletin of International Socialism, launched on September 24, 1964. When the Fourth International had split in 1953 the Lanka Sama Samaja Party of Sri Lanka (LSSP) refused to take any side and maintained contacts with both the ISFI and ICFI while arguing for a joint congress. After the ISFI criticised the LSSP's parliamentary tactics in 1960,
11210-516: The paper laid off another five people from its standards and ethics team. In April, the paper laid off at least 11 people from its video and social media desks. In May, the Journal cut six editorial staff positions from its Hong Kong bureau and another two reporter jobs in Singapore . Moving forward the paper will shift its focus in the region from Hong Kong to Singapore with new the creation of several new jobs at that bureau. More staff were laid off
11328-402: The paper's "combination of respected news pages and conservative editorial pages seem to be a magic formula for generating trust across the ideological spectrum." From 2019 through 2022, the Journal partnered with Facebook to provide content for the social-media site's "News Tab". Facebook paid the Journal in excess of $ 10 million during that period, terminating the relationship as part of
11446-490: The principles that Trotsky fought for since the rise of Hitler and the consequent establishment of the Fourth International . The founders of the ICFI wanted the International to maintain its organizational independence as the world party of the working-class, asserting that Pablo's policies would leave them an adjunct of the Stalinists. His faction's heavy-handed tactics of removing members who disagreed with his radical revisions made compromise appear impossible. An excerpt from
11564-530: The print edition. By June 2013, the monthly cost for a subscription to the online edition was $ 22.99, or $ 275.88 annually, excluding introductory offers. Digital subscription rates increased dramatically to $ 443.88 per year as its popularity increased over print, with first-time subscribers paying $ 187.20 per year. On November 30, 2004, Oasys Mobile and The Wall Street Journal released an app that would allow users to access content from The Wall Street Journal Online via their mobile phones. In September 2005,
11682-459: The pro-Kremlin media entrepreneur Konstantin Rykov , had used an article originally from the WSWS titled "Obama Backs State Terror Against Eastern Ukraine" to project its opinion on American media in general. The WSWS was not cited directly, instead Vzglyad linked to Axis of Logic , a website that had republished the WSWS's article. Kates defined this strategy as Russian media citing fringe sources from
11800-400: The questionable practice. As a result, the then Wall Street Journal Europe CEO and Publisher Andrew Langhoff was fired after it was found out he personally pressured journalists into covering one of the newspaper's business partners involved in the issue. Since September 2011, all the online articles that resulted from the ethical wrongdoing carry a Wall Street Journal disclaimer informing
11918-431: The readers about the circumstances in which they were created. The Journal , along with its parent Dow Jones & Company, was among the businesses News Corporation spun off in 2013 as the new News Corp . In November 2016, in an effort to cut costs, the Journal 's editor-in-chief, Gerard Baker , announced layoffs of staff and consolidation of its print sections. The new "Business & Finance" section combined
12036-487: The strength and prospects of Stalinism. Pablo had, in 1951, argued that the transition between capitalism and socialism will probably take several centuries. The supporters of the Open Letter read this to suggest there would be "centuries of deformed workers states ", and this phrase is often mistaken attributed to Pablo or to his formulation of what was called the war-revolution thesis. The ICFI saw this as an abandonment of
12154-405: The strike, Kilgore ordered the printing presses moved from New York to Chicopee, Massachusetts effective July 1, 1963. Although Kilgore did not publicly explain his rationale then, Scharff wrote in 1986 that the move resulted from feuds between Dow Jones and the printer's union. By Kilgore's death in 1967, Wall Street Journal circulation exceeded one million. In 1967, Dow Jones Newswires began
12272-526: The two political lines could not last and in 1971 the OCI and its allies would leave the ICFI to form their own international tendency, which later became known as the Organising Committee for the Reconstruction of the Fourth International . In 1979 it fused with a grouping led by Nahuel Moreno . The ICFI later considered this a major tragedy, stemming from the relative inexperience of the majority of
12390-409: The wake of the 1966 congress, pressures started to build between the SLL and PCI. The Congress did not attempt to present the ICFI as 'the Fourth International', rather it positioned the IC as a force that defended what it saw as the political continuity of Trotskyism and called for the 'rebuilding and reconstruction of the Fourth International'. The PCI came to feel that the SLL was ultimatistic, because
12508-419: The world. Those currents still valued the political lessons learned from the 1953 split. They saw the SWP's decision as an abandonment of the most basic principles of the Fourth International, and of Trotskyism, and as an attempt to ingratiate itself to the growing middle class protest movement in the United States. The RT, SLL and PCI argued that the anti-war movement in the US contained the same types of people
12626-440: Was Jewish, in contrast to the largely midwestern, WASP management of the Journal at the time. Phillips, a former socialist, shifted his political views in the 1950s to reflect social liberalism and fiscal conservatism. Under Phillips, the Journal provided in-depth coverage of the civil rights movement , on the grounds that it "was something that the average businessman needed to know about". For instance, Journal coverage of
12744-483: Was a "strange alliance" between conservative historians and the Trotskyists of WSWS, who he described as "old-school historians" following the data; and Michael Barone in the conservative New York Post gave positive attention to historian Sean Wilentz 's criticisms of the project in WSWS. In an article for Radio Free Europe/Radio Liberty , Glenn Kates criticized that the Russian online newspaper Vzglyad , founded by
12862-408: Was a short-term move. They maintained, however, the principle that only the Fourth International, as a consciously Marxist organization of the working class can lead the world revolution. The SWP, partly because of McCarthyism and politically repressive laws, found it hard to cooperate on a world scale in a democratic centralist International. The first conference could not take place until 1958, and
12980-602: Was a three-day strike at Silver Spring, Maryland , in 1967; that would be followed by a weeklong strike by truck drivers at the South Brunswick, New Jersey , in 1970. The period from 1971 to 1997 brought about a series of launches, acquisitions, and joint ventures, including " Factiva ", The Wall Street Journal Asia , The Wall Street Journal Europe , the WSJ.com website, Dow Jones Indexes, MarketWatch , and "WSJ Weekend Edition". In 2007, News Corp. acquired Dow Jones. WSJ. ,
13098-543: Was awarded by the Society for News Design World's Best Designed Newspaper award for 1994 and 1997. On May 2, 2007, News Corporation made an unsolicited takeover bid for Dow Jones , offering $ 60 per share for stock that had been selling for $ 36.33 per share. The Bancroft family , which controlled more than 60% of the voting stock, at first rejected the offer, but later reconsidered its position. Three months later, on August 1, 2007, News Corporation and Dow Jones entered into
13216-471: Was commonly believed to be the largest paid-subscription news site on the Web, with 980,000 paid subscribers. Since then, digital subscription has risen to 1.3 million as of September 2018, falling to number two behind The New York Times with 3 million digital subscriptions. In May 2008, an annual subscription to the digital edition of The Wall Street Journal cost $ 119 for those who do not have subscriptions to
13334-467: Was considered the third most-accurate and fourth most-unbiased news organization among the general public, tenth among Democrats , and second among Republicans . In an October 2018 Simmons Research survey of 38 news organizations, The Wall Street Journal was ranked the most trusted news organization by Americans. Joshua Benton of the Nieman Journalism Lab at Harvard University wrote that
13452-555: Was considering firing Times editor Harold Evans . Mr. Emery says he reminded Mr. Murdoch of his promise that editors couldn't be fired without the independent directors' approval. 'God, you don't take all that seriously, do you?' Mr. Murdoch answered, according to Mr. Emery." Murdoch eventually forced out Evans. In 2011, The Guardian found evidence that the Journal had artificially inflated its European sales numbers, by paying Executive Learning Partnership for purchasing 16% of European sales. These inflated sales numbers then enabled
13570-503: Was formed out of the left wing which split from the LSSP to form the Lanka Sama Samaja Party (Revolutionary) . In 1966, a "third world conference" of the ICFI occurred in England. Delegates were present from the SLL, Lambert's PCI and Loukas Karliaftis’s Greek organisation, which had joined the IC in 1964. Michel Varga, a PCI member, represented the exile Hungarian League of Revolutionary Socialists, which he had founded in 1962. Two groups from
13688-545: Was partially due to an inaccurate report on the World Socialist Website. Reason commented: "As a socialist publication, TWSW sometimes criticizes the progressive left for being preoccupied with issues unrelated to class." Maria Haigh and Thomas Haigh of the University of Wisconsin–Milwaukee referred to the WSWS as "generally considered a heavily partisan venue for real reporting". International Committee of
13806-493: Was the Kiernan News Agency founded by John J. Kiernan in 1869. In 1880, Kiernan hired Charles H. Dow and Edward D. Jones as reporters. On a recommendation of Collis Potter Huntington , Dow and Jones co-founded their own news service, Dow Jones and Company , with fellow Kiernan reporter Charles Bergstresser . Dow Jones was headquartered in the basement of 15 Wall Street, the same building as Kiernan's company next to
13924-623: Was then known as the Workers' League in the United States. North and his supporters gained the allegiance of half of the remaining national sections, with the Greek, Spanish and Peruvian sections splitting and the German, Australian, and Sri Lankan sections, as well as a fraternal grouping in Ecuador, supporting North. The other ICFI is based on the surviving group that still holds the name of WRP and refers to itself as
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