Straight of Hormuz closure: world economy on a cliff’s edge

As chaos and catastrophe engulfs the Middle East, and in turn the global economy, it can seem like the whole world has gone mad.

The US-Israeli war on Iran and the subsequent closure of the Strait of Hormuz have created a crisis in the world economy and further exposed the fault lines between US imperialism and its Russian and Chinese competitors.

Yesterday, on 2 April, hundreds of revolutionary communists assembled outside Pakistan’s diplomatic missions all over the world to demand the immediate release of Ehsan Ali and all other arrested members of the Awami Action Committee in Gilgit-Baltistan. We will not rest until we have justice! 

Throughout history, human societies have established moral codes to live by, which have also provided a powerful ideological force for the maintenance of the existing order. Today, the hypocrisy of the capitalist moral order is being increasingly exposed and challenged by the masses. In this article, Hélène Bissonnette explains how morality develops, its hypocritical nature under class society, and the crisis of bourgeois morality today.