The crisis in Ukraine has created a perfect inflationary storm. The war, the western sanctions on Russia, the pandemic, protectionism and climate change are unravelling decades of low commodity prices in a crisis that is only getting deeper.

The world is in a period of deep crisis. Capitalism and its apologists have proven unable to explain or resolve the problems facing the working class everywhere. Only the ideas of Marxism offer an explanation and a way out. It is for this reason that we are proud to announce the launch of the International Marxist University 2022, a four-day online event organised by the International Marxist Tendency, dedicated to discussing the core ideas of Marxist theory and how we can use them to change the world.

Fifty years ago, on 29 April 1972, violence between Hutus and Tutsis broke out in Burundi. This was the latest round of ethnic conflict in the African Great Lakes region, and marked the beginning of a genocide of up to 300,000 people. Western imperialism bears direct responsibility for the horrors of the spring of 1972. They didn’t lift a finger to stop it, and in some cases, they actively supported it. Today, while western imperialists cry crocodile tears over Ukraine, they bury the history of the far greater abominations they perpetrated just 50 years ago.

We publish the editorial from the latest issue of the International Marxist Tendency’s theoretical journal, In Defence of Marxism, available to buy now! Alan Woods introduces the contents of the magazine, including a piece of his own dealing with the oft-heard question: ‘why hasn’t there been a revolution?’ Additionally, the issue contains a pair of articles by Trotsky on the role of revolutionary leadership; a polemic against subjective idealism in science journalism; and a review of a new book on Lenin’s time in London.