The conflict between the Italian government and the “Troika” (the European Commission, European Central Bank, and International Monetary Fund) is making news headlines around the world. To understand fully the meaning of this clash and its consequences, we need to go back to the political earthquake of the 4th March elections.
A crunch point is approaching in the ongoing saga surrounding the highly-indebted Italian economy. This could spark a revival of the dormant euro crisis.
Coming just one year after the mighty events of Red October in Russia, power was taken into the hands of the masses. Yet the socialist revolution ultimately failed. The consequences of that failure would be most brutally felt over a decade later with the rise of fascism in Germany and the consolidation of Stalinism in Russia.
When Venezuelan oppositionist and newspaper editor Teodoro Petkoff died on October 31, at the age of 86, the world’s capitalist media and reactionary intellectuals on the continent piled in to sing his praises. However, to workers in Venezuela above a certain age, he is remembered as “Teochoro” (Teothief), the man who as Minister in the Caldera government in the 1990s carried out a brutal program of privatisations and above all stole the workers’ social benefits.
In the second part of his reply to the White House’s slanders against socialism, Alan Woods addresses the reality of life for American workers under capitalism. Since 2008 they have seen inequality skyrocket, endured long hours in multiple jobs, and faced cuts to essential services – all while the parasitic bankers receive state handouts. The ‘American dream’ is dead – and socialism is reaching a bigger audience.
11 November this year marks the centenary of the end of the First World War. This is known as Armistice Day, or Remembrance Sunday, in which Britain officially commemorates the service of British military personnel in the two world wars and all subsequent ones. The British establishment are going into overdrive to whip up a mood of 'patriotism'.
The weekend will feature discussions on Marxist philosophy, revolutionary strategy, the Mexican Revolution, and a socialist analysis of the midterms.
The 2018 US midterms have come and gone and there were no major surprises. Both Democrats and Republicans worked to mobilise millions and opened their pocketbooks to do so—to the tune of $4 billion. This and the polarisation in society led to a huge rise in turnout, with a record 113 million voting, and over 30 million getting their votes in early, compared to 83 million who voted in 2014.
News came today of the arrest of a far-right, 63-year-old man who wanted to assassinate the Spanish Prime Minister, Pedro Sanchez. Despite the fact that the police found 16 guns in his possession, the Spanish National Audience refused to deal with the case as it did not consider it an instance of terrorism. This is the same tribunal that has sentenced rap artists to jail time for “glorifying terrorism” in their lyrics. A case of double standards?
This weekend saw the annual, national school of Revolution, the Swedish section of the International Marxist Tendency, which took place in Gothenburg. Over 90 enthusiastic revolutionaries from all over the country gathered to prepare for a rise in the class struggle in the coming period, which will offer great possibilities for Marxists.
From the renunciation of mass revolutionary struggle for socialism, which had now been replaced by “friendly consultation” with the national bourgeoisie, it naturally flowed that the only acceptable method of struggle from the point of view of the PKI leaders was skilful political manoeuvring at the top.
7 November is the anniversary of the 1917 Russian Revolution, which altered the entire course of human history. The below article by Alan Woods gives an excellent overview of the revolution as well as highlighting its main lessons. If you want to learn even more, check out our special page www.bolshevik.info for detailed analysis, reading guides, videos and much more about this momentous event.
The headline announcement from the latest UK budget was that “the era of austerity is finally coming to an end”. This assurance, coming from a Conservative chancellor, is an indication of just how far the mood in society has shifted. After eight years of cuts borne by the working class, the vulnerable, and the poor, it is clear that ordinary people are no longer willing to tolerate any more hollow rhetoric that “we’re all in this together”.
According to the British chancellor, Philip Hammond, austerity is apparently over. But for the super-rich it looks like it never even began! The latest figures reveal that the international billionaire class made more money in 2017 than in any year in recorded history.
Venezuelan Communist Party leader, Luís Fajardo, was killed on the evening of Wednesday 31 October, as he was returning home with his brother-in-law, Javier Aldana, who was also killed in the attack. Both men were riding a motorbike at 9pm when they were struck by a burst of gunfire from a moving vehicle. They were peasant activists and communist militants involved in the struggle for agrarian reform in the South of the Maracaibo Lake region and had already asked for protection as they had received death threats.
The White House has published a document, entitled ‘The Opportunity Costs of Socialism’, which recognises the rising popularity of “socialism” in the United States (particularly amongst the young) and attempts to provide a scientific rebuttal in favour of capitalism. Alan Woods, editor of In Defence of Marxism, replies to this document’s slanders, and investigates why socialist ideas are gaining ground in the USA.
On 22 October (weeks after the polls opened on 7 October), it was finally confirmed that 85-year-old President of Cameroon, Paul Biya, will serve another term in office. Voter turnout was very low; and in the urban centres of Douala and Yaoundé, the leadership of the working class was nowhere to be seen – despite widespread hatred of the Biya regime. Moreover, violent unrest in the Anglophone regions made any kind of democratic process there impossible, and tit-for-tat skirmishes between state troops and separatists have aroused fears of a new civil war that could plunge the country into barbarism.
Donald J. Trump has recently been an extremely busy man. While striving with might and main to make America great again, he has been obliged to fight on a number of different fronts against sinister forces that are hellbent on undermining him, and thereby preventing America from being great.
German Chancellor Angela Merkel has announced her withdrawal from the Christian Democratic Union’s (CDU) leadership election race, as well as her candidacy for the next German parliamentary election. This marks a political earthquake and the end of an era in German politics, as Merkel has been Chancellor since 2005 and leader of the CDU since 2001.