This week, after claiming victory in the German election, Friedrich Merz declared that Germany would now stand up to the USA, Russia and China and make the EU into a ‘great power’.

This week, Trump went over the heads of Zelensky and the European leaders to embark on peace talks with Russia. At a stroke, the western order that has prevailed for over half a century has fractured.

Lenin once said that there are decades where weeks happen, and weeks where decades happen. We are living through the latter. A new era has begun, one characterised by capitalist crisis, imperialist war, immense turbulence in world relations and revolutionary upheavals.

Trump has been in power for just over two weeks and already he has started to upend the liberal world order. With tariffs, deportations, the halting of all foreign aid, and his plan to turn Gaza into a “Rivera of the Middle East”, ‘allies’ and rivals alike have been thrown into panic.

Storm clouds are gathering over the world economy. Already, it is faced with slowing growth, rising interest and inflation rates, and astronomical debts. Now Trump’s ‘America First’ policy and his promise of tariffs threaten to make all of that worse.

This week’s episode of Against the Stream was recorded just days after Trump was inaugurated as US president. For some, this represents the triumph of fascism, a fear that was stoked by Elon Musk’s Nazi salute at the inauguration ceremony.

With just two weeks before Trump re-enters the White House, the outgoing Democrats are doing everything they can to undermine the next president. In Ukraine in particular, where they fear a drastic change of course in the policy of US imperialism, they are funnelling in as much money as they can get away with, as well as escalating the war by allowing Ukraine to strike deep into Russia with US bombs.

Defined by political crises all over the world, spiralling tensions between the imperialist powers, and revolutions in Bangladesh and Kenya, 2024 was an historic year in the crisis of the capitalist system. But now, with Trump days away from power, Ukraine headed unavoidably towards a humiliating and bloody defeat, and with no end in sight to the complete destabilisation of the Middle East, this new year looks to be even more explosive.

2024 has been a year of war, revolution and crisis on every continent. From the horrors of the Gaza genocide, to the revolutionary summer in Kenya and Bangladesh; from viral assassinations, to to the re-election of Donald Trump. The communists have been offering analysis and perspective at every step of the way, and now: it’s time to put this dramatic twelve months in review with 2024 WRAPPED!

Once again, this week has been defined by sharp turns in world politics. In Syria, the Assad regime collapsed after a sudden offensive by Islamist groups, taking the whole world by surprise. In the US, the assassination of a US healthcare CEO was met with an enormous outpouring of sympathy for the killer, in a clear expression of the simmering class rage beneath the surface. In Ukraine, it is becoming increasingly clear that Zelensky – darling of the West – is becoming hated by the population.

We are living through an epoch of war and revolution. In Ukraine, Gaza, Lebanon, Syria, and countless other countries, wars and civil wars are raging, all with the backing and complicity of various imperialist powers. In these turbulent times, the ideas and methods of Lenin – who fought a relentless struggle against warmongering chauvinism during the First World War – provide the clarity that is so desperately needed in the world today.

This week has been full of sharp and sudden turns. The Syrian civil war has suddenly reignited due to the shock advance of a Turkey-backed rebel group. The French prime minister was forced to resign after trying to force through an austerity budget. Joe Biden has used his last few weeks in power to pardon his corrupt son. And, to top things off, the president of South Korea declared martial law, only to be quickly defeated by opposition from the whole of parliament and mass mobilisations. 

Trotsky’s theory of the permanent revolution is one of the most important, but also amongst the most misunderstood ideas in the entire Marxist tradition. Does it really mean that revolution needs to happen everywhere, all at once? Does it ignore workers outside of the West? Is it contrary to Lenin’s views? Josh Holroyd, leading member of the Revolutionary Communist International, takes up these questions and explains the real essence of Trotsky’s remarkable contribution to our theoretical arsenal.

This week, the Middle East has once again dominated the news, with the ICC issuing an arrest warrant for Benjamin Netanyahu and former Israeli Defence Minister Yoav Gallant, as well as the announcement of a supposedly ‘lasting’ ceasefire in Lebanon. In Europe, meanwhile, explosive events are being prepared in France, as the tottering National Assembly is set to face off against a rising tide of class struggle.

Three weeks ago, to the horror of the liberal establishment in the USA and internationally, Donald Trump was elected President of the United States for the second time, defeating the hated and discredited Democrats. The capitalist media is filled with hysteria about a dire threat to democracy and the rise of ‘fascism’ posed by Trump’s presidency… just like in 2016! Communists need to cut through all the noise and understand what is really happening here.