Perspectives

The following is the third part of a draft document which will be discussed at the World Congress of the International Marxist Tendency this summer. The main aim of this document is to define the main economic, social and political trends in the world today and to develop a perspective for the class struggle in the next period. The document was originally drafted in October 2015.

The following is the second part of a draft document which will be discussed at the World Congress of the International Marxist Tendency this summer. The main aim of this document is to define the main economic, social and political trends in the world today and to develop a perspective for the class struggle in the next period. The document was originally drafted in October 2015.

The following is the first part of a draft document which will be discussed at the World Congress of the International Marxist Tendency this summer. The main aim of this document is to define the main economic, social and political trends in the world today and to develop a perspective for the class struggle in the next period. The document was originally drafted in October 2015.

Today we publish the fourth part of the IMT’s analysis of the world situation.This part deals with the ongoing revolutions in Latin America and the Middle East, the movements in Brazil, Colombia, Venezuela, Egypt and Iran, as well as world relations and the decline of US imperialism. [part one]

The crisis of the BRICS is organically related to the slowdown in China. The emergence of China, which was seen by some—even some who called themselves “Marxists—as a guarantee of the future of world capitalism, has only served to sharpen all the contradictions. For a period, the explosive growth of the Chinese economy provided oxygen to world capitalism. Now this colossal advantage turns out to be a colossal problem. The massive investment in Chinese industry was bound to express itself as a mass of cheap commodities, which had to find a market outside China. For global manufacturers, the avalanche of cheap Chinese exports over the past decade has exacerbated the crisis of overproduction.

Today we publish the second part of the IMT’s analysis of the world situation. This is a draft document that is the basis of a discussion within the Tendency and which will be voted on with possible amendments at this year’s world congress of the IMT.