Trump is in Beijing. He thinks he has gone to negotiate from a position of strength, but in reality, he is negotiating from a position of weakness. That is the story of American imperialism in 2026.

Europe was the birthplace of capitalism. Now it's in freefall. In this week’s Against the Stream, Hamid Alizadeh and Jorge Martín dive into the deepening crisis gripping the continent. Germany is launching a trillion-euro rearmament drive while simultaneously slashing €38 billion from pensions and healthcare. France can’t pass a budget. The AfD is overtaking the CDU in the polls. And across Europe, the old political centre is collapsing.

Is AI a revolutionary leap forward for humanity – or the latest crisis capitalism has engineered for itself? In this episode of Against the Stream, Hamid Alizadeh and Fred Weston cut through the hype to give a Marxist analysis of the AI bubble, its roots in the capitalist crisis, and what it means for the working class.

Against the Stream is back! Since our last episode, the world has been plunged deeper into crisis. With no end in sight for the Iran War, with energy prices and inflation rising, the global economy is teetering ever more precariously on the brink of a historic slump. 

"Head-spinning betrayal." These are the words of dissident Republican Marjorie Taylor Greene – and they are undoubtedly echoed by millions of Trump voters across America, who have watched their 'peace president' turn warmonger while they foot the bill at the gas pump and the grocery store.

As the war on Iran enters its third week, US imperialism finds itself mired in a deepening crisis. What Trump envisioned as a swift decapitation strike is rapidly proving to be the gravest blunder of his presidency – and perhaps one of the most catastrophic miscalculations in the history of American foreign policy.

Donald Trump is once again banging the war drums, threatening military action against Iran. He has now assembled the largest US naval build-up in the region since the 2003 invasion of Iraq – including two aircraft carriers and hundreds of fighter jets. 

The Cuban revolution is in grave danger! Trump's oil blockade has cut off the island's fuel supplies, plunging the country into prolonged blackouts, halting public transport, and threatening a full-scale humanitarian crisis. With Venezuelan oil cut off and Mexico bowing to US threats, Trump is tightening the noose to asphyxiate the island after 67 years of relentless pressure.

Over the last month, we have seen shocking images come out of Syria. ISIS flags waving over Raqqah. Jihadist militants knocking over the gravestones of Kurdish fighters. When it was set up, the Kurdish statelet of Rojava inspired people worldwide. Later, they beat back ISIS. Now ISIS have returned, and the Kurds are fighting for their lives. How has it come to this?

A lot is said about Hugo Chávez and the Bolivarian Revolution. The billionaire-owned media cry out indignantly that he was a dictator who ruined life for ordinary Venezuelans. But over the course of his presidency, he won a total of 19 democratic elections and referendums with record voter turnout – how many bourgeois politicians can claim the same?

The movement against ICE in Minneapolis is not just any ordinary protest – it is a microcosm of the revolutionary events that will shake the United States in the period ahead. With their class struggle methods, culminating in the first general strike in America in 80 years, the workers of Minneapolis not only forced Trump to retreat, they have also inspired millions across the country and the world.

Donald Trump has bulldozed his way into 2026. Now, he has put the acquisition of Greenland at the top of his new year’s wishlist, sending the Europeans into panic and jeopardising trans-Atlantic relations even further.

2026 is only a few weeks old, yet world events are already unfolding at breakneck speed. From Donald Trump’s kidnapping of Nicolás Maduro in Venezuela, to the killing of Renee Good and the protests against ICE in Minneapolis, and now the growing mass movement and the prospect of US intervention in Iran, huge events are shaking up the world situation.

As 2025 draws to a close, workers and young people around the world will look back on a year that has starkly exposed the blind alley of world capitalism. Trump’s return to the White House has only deepened the disorder, with his administration’s foreign and economic policies causing chaos on the world stage. The recently released National Security Strategy makes one thing unmistakably clear: the United States is not in the position it used to be, no longer capable of policing the globe on its own.