Yet again the people of Egypt have risen against dictatorship, poverty and corruption. Yesterday, June 30, millions of people flooded the streets in all sizeable towns and cities stretching from the rural areas of Upper Egypt through the industrial heartland of the Nile Delta and all the way to the areas in the north. Mohammed Morsi and the Muslim Brotherhood, once praised by the West as saviours of Egyptian capitalism, have been completely disarmed by the revolution. His destiny is now in the hands of the movement which has every opportunity to sweep him aside.

In the second part of this article we take a look at the contradictions of Egyptian capitalism, which are hindering it from solving the most basic tasks that it is posed with. Only a socialist revolution can solve the tasks of the revolution. But how do we connect the struggle for socialism with the day to day struggles of the masses?

More than two years have passed since the first steps of the Egyptian revolution. At first the movement was in a state of euphoria going from victory to victory sweeping away every obstacle on its path. The mood was intense and to a degree even festive. Millions of people, oppressed for decades, flocked to Tahrir Square imbued with the sense of their own power. They felt that all problems could be overcome with the same ease as they swept aside Mubarak. They felt unstoppable, and they were right to feel so. But experience is teaching them things are not so easy.

We received this report from Cairo, written last week just after the big November 27th demonstration. While it was being written, several thousands of demonstrators were still in Tahrir Square after the big demonstration of 27th. Hundreds of thousands had gathered in this square, the symbol of the Egyptian Revolution, shouting “Revolution”, “Oust the murshid government” (murshid is the supreme leader of the Muslim Brotherhood).

Anger was simmering on Tahrir Square yesterday as hundreds of thousands poured in to the square to protest against Egypt's President Mohammed Morsi and his ruling Muslim Brotherhood (MB). Across the square large banners were inscribed with slogans such as “The Muslim Brotherhood has stolen the revolution” and “The Muslim Brotherhood are liars”. Throughout the day a seemingly never-ending stream of marches reached the square from all over the ancient city. In size and radicalism yesterday’s protest was equalled only by those that overthrew the hated dictator Hosni Mubarak in January 2011.

Two funeral processions turned into mass protests on the streets of Egypt today. Over the last 5 days thousands of people have taken to the streets in order to protest against a decree announced by the Egyptian president, Mohammed Morsi, allowing him to rule more or less autocratically. The events have publicly displayed the true nature of the Muslim Brotherhood who once claimed to be representatives of democracy in Egypt. At the same time these events show that none of the contradictions which led to the revolution have been solved and that under the surface a new wave of revolution is being prepared.

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