On 6 February, thousands of protesters took to the streets in Tunis, chanting the slogan “the people want the fall of the regime” against the Islamist Ennahdha party, a member of the government coalition. Riot police had in advance of the rally deployed cordons around central Tunis preventing both cars and people from entering the streets around Avenue Habib Bourguiba, where the demonstration took place. Despite these efforts, the protest was one of the biggest protests in recent years.
Our Canadian comrades' 11th annual Montreal Marxist School will be held on Zoom over the February long weekend from Saturday 13th to Monday 15th. As they will not have to worry about travel they decided to expand the school to cover three days instead of two—adding four sessions! As usual, all presentations and discussions will be held in French and English with translation. Over 600 people have already registered! If you haven’t registered, don’t wait any longer!
Since the beginning of the year, a group of amateur traders, organised on Reddit, have been playing the market against major hedge funds, who had shorted shares for GameStop: a US-based video game retailer. As a result, GameStop’s share prices have gone through the roof, and a billion-dollar hedge fund had to be bailed out to the tune of $2.75 billion.
Among the countries whose masses participated in what became known as the Arab Spring, the Egyptian Revolution is perhaps the richest in lessons, as well as prospects for the immediate future. This article provides a balance sheet of the revolution and its aftermath, 10 years later, and explains the revolutionary perspectives for Egypt today.
Joe Biden was sworn in as US president surrounded by armed troops, in the middle of a pandemic, weeks after a far-right mob stormed the Capitol building. These are unprecedented times. The capitalists are pinning their hopes on the new administration to pull US capitalism out of this period of chaos and decline, but the writing is on the wall.
Alan Woods, editor of marxist.com, looks at the tumultuous state of the world at the dawn of 2021. Capitalism is in a profound crisis. While a handful of billionaires enrich themselves, the vast majority are trapped between the coronavirus pandemic and poverty. But Marxists remain optimists. The working class and youth are beginning to stretch their muscles in preparation for the battles to come.
2021 has kicked off with a bang. If anyone had any remaining doubts, yesterday's events exposed the depth of the crisis of US capitalism—and it is only the beginning. Even in the turbulent years before and after the US Civil War, we have never seen the US Capitol building breached by protesters—and encouraged by the sitting president! Anti-terrorist attack emergency protocols were activated as tear gas wafted through the corridors, and at least one person was shot and killed. As former president GW Bush put it, these are the scenes one would expect in a “banana republic"—not in the bastion of world imperialism.
We have just received the great news that comrade Amar Fayaz has been released today, the security agencies dropped him at his village. Amar’s release was made possible through the immense and successful international campaign organised by students, youth and workers from all around the world. We will update our supporters as we get more details on Amar’s release.
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.