On Friday 2nd of August we finally made public what we have been doing for some time now: the conscious and consequent study of the ideas of Marx, Lenin and Trotsky. The inaugural activity was a meeting introduced by the Swiss comrade Caspar Oertli. During his leadoff he sketched out in general terms the socio-political and economic crisis that the Old Continent suffers, the question of SYRIZA in Greece and the role of the International Marxist Tendency on a world scale.

The Sandinistas carried out many progressive reforms after they came to power, but they never seriously tackled the question of ownership of the means of production. By leaving the bulk of the economy in private hands they gave the local oligarchy and imperialism the instruments by which these were able to undermine the revolution and eventually defeat it.