China: SOE bond defaults show turbulent days ahead A string of bond defaults by hitherto top–rated Chinese state owned companies in November has cast a shadow over China’s relatively firm economic recovery from the downturn set off by the COVID–19 pandemic. This shows that the Chinese state is fundamentally unable to avoid the organic crisis of the capitalist system.
British capitalism’s ‘systemic crisis’: social explosion brewing Even the strategists of the ruling class are warning of an apocalyptic scenario for British capitalism, as the pandemic, Brexit, and economic chaos combine to create a perfect storm. We are entering a period of revolutionary convulsions.
Venezuelan National Assembly elections amidst imperialist meddling marked by low turnout The 6 December National Assembly elections in Venezuela were marked by a low turnout in the midst of imperialist aggression and a deep economic crisis. The US and the EU had already announced in advance they would not recognise the results, but the Guaidó card is exhausted. The PSUV victory announces a deepening of its rightward political shift.
250 million workers strike in India On November 26, nearly 250 million workers participated in a strike in urban and rural areas all over India. The strike, called by the ten central trade unions, was the fifth in the six years since Modi ascended to power.
Support the “Bharat Bandh” or country wide shut down called by farmer organizations A large part of the population in India is linked with the agriculture sector. This sector contributes 17 percent of the Indian GDP. But working conditions in the agriculture sector have not developed under capitalism and are worsening every passing day. The farmers are being pushed into further debt-traps because of the policies of liberalisation and privatisation under successive capitalist governments. There has been a general decline of living standards for farmers under the rotten capitalist system, with farmers being forced to live at the mercy of traders and multi–national corporations for their survival. The Farm Bills passed recently by the parliament are a big blow for the...
USA: revolutionary socialism and the fight against Wall Street’s president Joe Biden beating Donald Trump in the race for the White House shouldn’t come as a surprise. After all, his opponent was an incompetent reality TV star presiding over a devastated economy and an uncontrolled pandemic. Just a few months earlier, the Commander in Chief had been forced to hide in a bunker in the face of the most massive protest movement in the country’s history. What is surprising is that the result was ever anything but a foregone conclusion.
General Cienfuegos: the rottenness of the Mexican state and the hypocrisy of US imperialism On 15 October, retired General Salvador Cienfuegos was arrested when he arrived with his family at the Los Angeles airport. The US authorities took him into custody under serious accusations of money laundering and drug trafficking. This was no ordinary arrest. Cienfuegos had served as head of the armed forces and Mexico’s Minister of Defence under Peña Nieto’s presidency in 2012-18. This incident unleashed a major diplomatic crisis between Mexico and the United States. The prestige of the Mexican army (and much else besides) was put at stake. On 20 November, the General Attorney of the United States withdrew the charges and repatriated Cienfuegos to Mexico. He has since remained...
Is housework an “unpaid” job? False theoretical premise leads to reactionary position in practice With the rise of the feminist movement and the struggle against women’s oppression, sections of both the left and the very same feminist movement have revived the idea of “wages for housewives”. They classify housework carried out by women as “unpaid” work, claiming that capitalists cut costs by relying on this unpaid labour. Where does Marxism stand on this issue?
Liberty through struggle: Marxism vs. Queer Theory Marxism defends the unity of peoples across all gender and sexual lines in the fight against the oppressive capitalist system. But Queer Theory holds that our gender and sexual identities are a fiction produced by discourses and oppressive power in society: a learned performance. What does this idea mean for the liberation struggle? Is Queer Theory compatible with Marxism? In this talk, recorded at this year's International Marxist University, Yola Kipcak from Der Funke (Austrian section of the IMT) tackles these issues and explains the position of Marxists towards Queer Theory and the struggle against oppression.
UK economy in crisis: Make the bosses pay! Outlining the government’s latest spending plans on November 25, Rishi Sunak announced a wave of new austerity measures, including attacks on wages and welfare. The labour movement must fight for a bold socialist alternative.
India: Farmers strike – Shut down the government Hundreds and thousands of farmers and members from different supporting organisations from different part of India are marching towards Delhi to stage an indefinite sit-in strike. The march 'Delhi Chalo' started on 26 November 2020 towards Delhi. Their major demands include the repealing of three Farmers Bills passed by Modi's government. Currently, farmers are blocking five entry points to Delhi and have paralysed the highway traffic to the city. It is reported that farmers partially besieged the city. Police and paramilitary forces brutally attacked the marching farmers with baton charge, tear gas and water cannons...
Joe Biden: The Fossil Fuel President For months, the bourgeois press has gushed over Joe Biden’s supposedly progressive climate plans. A headline in the New York Times tells us, “Biden Plans to Move Fast with a ‘Climate Administration.’” The article goes on to paint a glowing picture of a visionary “Climate President” boldly changing course after four years of Trump’s climate denial and environmental rollbacks. Taking the Biden campaign at face value, many climate ...
The Philippines: Duterte shifts blame, but what is the way forward for revolutionaries? The Filipino masses have truly suffered this year amidst the global pandemic, economic downturn and unprecedented natural disasters. Rather than aiding the people, the Duterte government has been shifting all the blame onto the Communists. What is the way forward for the Filipino masses and what are the tasks of revolutionaries today?
Two years after Luis Fajardo’s & Javier Aldana’s assassination: The fight for real land reform in Venezuela continues Nineteen years after the approval of the Agricultural Land and Development Law promoted by Hugo Chavez in 2001, land reform remains an unfinished task in Venezuela, with tendencies seeking to reverse Chavez’s expropriations of large non-productive farms. These expropriations initiated the process of land socialisation and its transfer to those who work it.
Frederick Engels: 200 years since his birth Tomorrow – 28 November – marks the 200th birthday of Friedrich Engels. Rob Sewell commemorates this bicentenary by looking at the vital contribution that Engels made to developing the ideas of Marxism, for which we owe him an enormous debt of gratitude.