Contributers to this site are in a process of discussion and review of key issues facing today’s revolutionary movement. Published articles identified as “Discussion articles” do not necessarily reflect the agreed position of all participants.
In conjunction with Trump’s historical unpopularity, the increased interest in socialism during Trump’s first term was also driven by a broad feeling among workers that the Democrats were failing to fight Trump. This, of course, was true. While the Democrats rhetorically opposed Trump, they continued to largely vote in favor of his agenda.
While signing the agreement with Iran, Trump claimed to have prevented a global depression by avoiding a long-drawn out war. Undoubtedly, if the war which Trump and Netanyahu initiated had escalated, the higher prices for oil, gas, fertilisers and other crucial products that transit the Strait of Hormuz would have done serious damage to the economy. But even now, Trump has succeeded in pushing the world to the edge of a new crisis.
While the far-right and capitalist governments globally have made attacking trans rights a key aspect of their agenda under the guise of protecting women and femininity, this is also combined with a moral panic about falling birth rates resulting in increases in ‘pronatalism’, and attacks on abortion rights.
The hype, coupled with the anaemic performance of other parts of the economy, has made SpaceX and AI in general a magnet for speculative investment. Without SpaceX and the AI sector, US stock markets would already be in decline. This also partly explains the support for SpaceX from the Trump regime, which is relying on these stock market increases to maintain an illusion of prosperity – at a time when hundreds of millions of ordinary people in the US are feeling an acute cost-of-living crisis.
Elites and their political puppets prefer to scapegoat vulnerable Africans, because by doing so, they are able to divert attention from the fact that they are causing this crisis through theft and incompetence. They are bleeding the state’s coffers dry instead of investing in infrastructure and services that will actually ensure a better life for all who live in South Africa.
