Reactionary Islamic fundamentalist terrorism has struck again last night in a co-ordinated attack on different sites in Paris leaving over 128 dead and more than 100 severely injured. This is a wholly reactionary attack against ordinary working people, many of them youth, enjoying a night out in restaurants, concert halls and a football stadium. We condemn the murderous gang which carried out these attacks and we express our solidarity with the people of Paris.
For a very long time British politics has resembled a stagnant pond. With the election of Jeremy Corbyn in a landslide victory it felt as if a huge stone had been thrown into it, making gigantic waves that have transformed the entire political landscape. But not everyone is pleased. Even before he was elected, Jeremy Corbyn faced an orchestrated campaign of vilification that in sheer viciousness and intensity has no precedent in recent British politics. Day in, day out, the public is subjected to a deafening cacophony in which the howling of the wolves is accompanied by the snarling of the dogs and the hissing of the snakes.
The current refugee crisis has brought out some of the horrors of capitalist society, as well as the contrast between the basic human solidarity of ordinary working people and the cold calculation and callousness of capitalist rulers in Europe and elsewhere.
The International Monetary Fund has been forced, not only to repeatedly downgrade its growth forecasts, but to now predict a fall in World GDP in dollar terms, the first since 2009. This is a reflection of the crisis-ridden world we are in.
The IMF economists have been repeatedly forced to eat their words as the world economy, supposedly in its seventh year of “recovery”, has leaned from one crisis to another. The world slump of 2008-9 was a defining moment. It ushered in a protracted crisis, described by Lawrence Summers, the former US Treasury Secretary, as “secular stagnation”.
The Greek crisis is approaching a denouement. This marks a turning point for the working class of Greece and the whole of Europe. Last January Greece voted for a government that promised to end the austerity policies that have ruined the country. The election of Syriza gave hope to many people throughout Europe. But precisely for this reason, the political leaders in Brussels and Berlin decided to crush the new government, to humiliate it, to sabotage it and finally to bring about its overthrow.