When Venezuelan oppositionist and newspaper editor Teodoro Petkoff died on October 31, at the age of 86, the world’s capitalist media and reactionary intellectuals on the continent piled in to sing his praises. However, to workers in Venezuela above a certain age, he is remembered as “Teochoro” (Teothief), the man who as Minister in the Caldera government in the 1990s carried out a brutal program of privatisations and above all stole the workers’ social benefits.

In the second part of his reply to the White House’s slanders against socialism, Alan Woods addresses the reality of life for American workers under capitalism. Since 2008 they have seen inequality skyrocket, endured long hours in multiple jobs, and faced cuts to essential services – all while the parasitic bankers receive state handouts. The ‘American dream’ is dead – and socialism is reaching a bigger audience.

The 2018 US midterms have come and gone and there were no major surprises. Both Democrats and Republicans worked to mobilise millions and opened their pocketbooks to do so—to the tune of $4 billion. This and the polarisation in society led to a huge rise in turnout, with a record 113 million voting, and over 30 million getting their votes in early, compared to 83 million who voted in 2014.

Venezuelan Communist Party leader, Luís Fajardo, was killed on the evening of Wednesday 31 October, as he was returning home with his brother-in-law, Javier Aldana, who was also killed in the attack. Both men were riding a motorbike at 9pm when they were struck by a burst of gunfire from a moving vehicle. They were peasant activists and communist militants involved in the struggle for agrarian reform in the South of the Maracaibo Lake region and had already asked for protection as they had received death threats.

The White House has published a document, entitled ‘The Opportunity Costs of Socialism’, which recognises the rising popularity of socialism in the United States (particularly amongst the young) and attempts to provide a scientific rebuttal in favour of capitalism. Alan Woods, editor of In Defence of Marxism, replies to this document’s slanders, and investigates why socialist ideas are gaining ground in the USA.

Donald J. Trump has recently been an extremely busy man. While striving with might and main to make America great again, he has been obliged to fight on a number of different fronts against sinister forces that are hellbent on undermining him, and thereby preventing America from being great.

Join us!

Help build the forces of Marxism worldwide!

Join the IMT!

Upcoming Events
No events found