Americas

The International Marxist Tendency held its annual NYC Marxist School on the weekend of November 9 & 10. This year it was co-sponsored by the Queens DSA Political Education Working Group, which has worked with the IMT to organize the Marx Was Right Forum. This weekend’s school was the largest IMT Marxist School yet organized in the US, with nearly 100 in attendance!

The general strike on 12 November was a huge success that put the government against the ropes. Hundreds of thousands, possibly millions marched across the country: 300,000 in Santiago, 40,000 in Valparaíso, 100,000 in Concepcion. The strike was solid in health, education, the public sector, the ports and sections of the mining industry, and had a widespread following in other industrial sectors. It revealed the strength of the working class in a capitalist country, which is able to paralyse the economy. Almost a month after beginning, the Chilean uprising continues to advance and has not been stopped by repression (with thousands of wounded and detained, more than 200 losing eyes and

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Lula’s release is a defeat for Operação Lava Jato (Operation Car Wash – the criminal investigation that aimed to clean up the rotten Brazilian state institutions before the eyes of the masses). Therefore, his release is a positive development for the struggle of the working class. Esquerda Marxista (the Brazilian section of the IMT) has been fighting against Lava Jato since the beginning and we denounced the conviction and imprisonment of José Dirceu and Lula, who were sentenced without proof in a political trial that is a

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The following is an open letter to members of PSOL by Marxist Left (the IMT in Brazil), responding to the announcement of a new resolution adopted by PSOL’s National Directory that lays the ground for alliances with bourgeois parties.

On 10 November at 4.50pm, Bolivian president Evo Morales announced his resignation. It was the culmination of a coup that had been brewing for some time. A police mutiny, sharpshooters firing on mine workers, an OAS report questioning the validity of the elections and finally the army “suggesting” he should step down were just the final acts over the weekend. We have opposed this reactionary coup from the beginning, while at the same time pointing out how the conditions for it were laid.

Mauricio Macri has been defeated at the ballot box. Undoubtedly, these elections have demonstrated the willingness of the workers, students and youth to put an end to Argentina’s structural adjustment policies.

The Bolivian general election, on 20 October, produced a victory for Evo Morales of the ruling MAS party, but on a much-reduced majority, revealing how the class collaborationist policies of his government have alienated sections of its traditional base of support. The fact that Evo avoided a second round by the smallest of margins was used by the right wing to claim fraud and start a campaign of mobilisations on the streets. While there are different elements involved in the protests, in the last few days the initiative has passed to the camp of the “civic movement”, organised by the most reactionary elements of Bolivia’s capitalist oligarchy, based in Santa Cruz. The Bolivian comrades

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In August, the expected yield for ten-year Treasury notes fell below the yield for two-year notes for the first time since 2007, with the 30-year bond yield also reaching a new low. The “yield curve” tracks the yield to investors who purchase shares in government debt to be paid back over various time horizons. The national debt accrues as the US Treasury sells Treasury securities in exchange for cash used to finance the government.

The elections last Sunday were to elect the president but, due to the conditions under which the whole process has been carried out, they were also a repeat of the 21 February 2016 constitutional referendum.

More than a million people demonstrated in Santiago de Chile on Friday 25 October, in what was called #LaMarchaMásGrandedeChile (Chile's largest march) – and certainly, it was, being larger than the NO campaign closing rally in 1988 that brought together a million people. The mobilisation on Friday was repeated in cities and communes throughout the country and took place one week after the

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After a miserable Canadian election campaign, everyone can be seen as losers. The Liberals now have a tarnished image and hold the record of forming a minority government with the weakest mandate ever. Despite Liberal weakness, Conservative austerity policies were unpopular and did not allow them to make the gains they expected. The New Democratic Party lost almost half its seats and the Greens failed to make a breakthrough. The only party that can be happy is the nationalist Bloc Quebecois. But above all it is the working class that has lost in this election. There is no enthusiasm for any of the political options currently facing Canadians.

The following is a translation of an article we received about the current insurrectional movement in Chile, which began with youth-led protests against a hike in public transport fares. From a widespread campaign of fare dodging, a mass movement has developed against the government, which was responded with brutal repression. 

Opportunism and sectarianism are two sides of the same coin. Both must be combated if the program of revolutionary Marxism is to become a mass force by connecting with the aspirations and movement of the working class, as Socialist Revolution (the IMT in the USA) explains.