Apologists for capitalism argue that it is the best, most-efficient system that could ever possibly exist. But the current period of crisis and chaos prove otherwise. Today, the COVID-19 pandemic has triggered an economic collapse that threatens to throw society back to the 1930s, sending the world into a full-blown depression. Clearly, something is rotten at the heart of the system. The advocates of Keynesian ideas - or modern varieties like Modern Monetary Theory - cannot provide a real solution to this crisis. In his talk from this year's International Marxist University, Adam Booth, a leading activist of Socialist Appeal, explains why capitalism has failed, and what the way forward is for humanity.

 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.

At 3am on Wednesday, November 4, Ethiopian Prime Minister Abiy Ahmed appeared on state television to declare a six-month state of emergency in the country’s northern Tigray region. According to Abiy, the Tigray regional security forces had committed ‘treason’ by attacking federal military bases in the regional capital Mekelle as well as Dansha, killing and injuring an unspecified number of soldiers in the process. This announcement set in motion a chain of events which could eventually lead to the breakup of Ethiopia itself with far-reaching consequences for the Horn of Africa.

The capitalists are eagre for the COVID-19 crisis to come to an end, and many anticipate a rapid economic bounceback. But the new normal will be one of crisis, chaos and class struggle.

Fred Weston, editor for marxist.com, discusses the most polarised US election in living memory. With little genuine enthusiasm for Joe Biden, the highest number of people in a century turned out to essentially vote either for or against Donald Trump. At the time of writing, it appears as if Biden has narrowly scraped through to take the presidency, in an election that has thoroughly exposed the rottenness of US ‘democracy’.

Joe Biden has won the 2020 presidential elections, to the delight of the establishment, and the relief of millions of ordinary Americans fed up with Donald Trump. However, US society remains polarised, and Biden represents the same bourgeois politics that led to Trump’s rise to begin with. Workers and youth need a real, class-based alternative to the rotten Democratic Party.

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