The debacle around the Iowa Caucus has once again highlighted the true nature of the Democratic Party: a party of the US ruling class whose interests are directly opposed to those of the workers and the youth. We will publish a full comment on these events tomorrow. In the meantime, we are publishing an editorial by the US Marxists of Socialist Revolution, originally written on 24 January. Readers may also be interested in this article on the 2016 Iowa Caucus, which

"If it ain't Boeing, I ain't going". Up until recently, this was the slogan many pilots and passengers had adopted when flying or boarding an aircraft. It was a nod of respect for the Seattle aircraft manufacturer that brought America into the jet age with airliners like the 707, the three-engine 727 that followed, and the “Queen of the Skies” – the 747. How times have changed!

Hamid Alizadeh (an editor at In Defence of Marxism) explains the recent developments between the US and Iran and why we must oppose American imperialism.

On 1 December, a feature article about the IMT made the main headline on the front page of one of Japan’s top daily newspapers. The Mainichi Shimbun (“The Daily Paper”) is Japan’s oldest major newspaper, founded in 1872 and published twice daily, with a circulation of 4 million. We publish below for our readers the English translation of the article, entitled The Internationale Resounds in NYC—Socialism Resonating with the Youth.

Lenin once said that “politics is a concentrated expression of economics.” For over a decade, we have been subjected to a deep and systemic crisis of capitalism. The only way out for the ruling class is to ramp up austerity and to intensify our exploitation even further. With inequality already at historic levels and relative standards of living in free fall for billions, this is a finished recipe for explosions of the class struggle. This explains why, just a quarter-century since the “end of history” was declared, the masses are again moving might and main to change their destinies.

In August, the expected yield for ten-year Treasury notes fell below the yield for two-year notes for the first time since 2007, with the 30-year bond yield also reaching a new low. The “yield curve” tracks the yield to investors who purchase shares in government debt to be paid back over various time horizons. The national debt accrues as the US Treasury sells Treasury securities in exchange for cash used to finance the government.

Opportunism and sectarianism are two sides of the same coin. Both must be combated if the program of revolutionary Marxism is to become a mass force by connecting with the aspirations and movement of the working class, as Socialist Revolution (the IMT in the USA) explains.

“Treason!” “Sedition!” “Spies!” “Bullshit!” “Fraud!” and “Civil war!” Such was the response of the presidential “stable genius” to the ongoing drama unfolding on Capitol Hill concerning impeachment proceedings against him. Trump’s hubris appears to have caught up with him at last as a sprawling investigation spills messily into the headlines. The American president is a wretched reactionary—to put it mildly—and billions worldwide are understandably delighted to see him get some form of comeuppance. But what’s behind the smoke and mirrors? Whose interests are served by this charade?

On 3 August, a white supremacist gunman named Patrick Wood Crusius shot dozens of innocent people in El Paso, Texas. While gunning down those he deemed to be part of an “immigrant invasion,” he declared solidarity with the Christchurch, New Zealand mosque shooter from earlier this year. In the last year, synagogues in Pittsburgh and Southern California have faced similar attacks. These are just the latest in a string of incidents of fascist individual terrorism, which must be understood in the context of the crisis and decay of capitalism.

Nearly 50,000 members of the United Auto Workers (UAW) union have gone out on strike at GM factories, warehouses, and engineering offices in the US. The strike began at midnight on Sunday, September 15, 2019. The Teamsters union, which represents car hauliers, said it would honour the UAW picket lines and would not deliver new cars to dealers until the strike has ended. This is the first strike at GM in 12 years. It is part of a growing wave of strikes and job actions which started with the West Virginia teachers’ strike in 2018.

A series of attacks on Saudi oil installations have set sparks flying once again in the Middle East. Only months after a last-minute cancellation of a US strike on Iran – and weeks after reaching out for talks without any preconditions – US President Donald Trump is yet again filling the twittersphere with threats and intimidation. Meanwhile, oil prices shot up by 20 percent and the ripple effects are already working their way through the sensitive oil and currency markets.

Yes! It’s true! You did read that right. President Donald Trump has sacked his National Security Advisor, John Bolton, telling him his services are “no longer needed”.

Editorial for Issue 17 of Socialist Revolution magazine, originally published here on 31 August. The climate is already in revolt. Now it’s up to the workers and youth of the world to rise up to bring down the entire system.

Stock markets have experienced a roller-coaster ride over the past two months, as Trump’s erratic trade policy has brought the world economy to the brink of recession. In the latest move, Trump yet again partially postponed the introduction of new tariffs, which he announced two weeks ago. This temporary reprieve will do little to solve the conflict.

People around the world have once again been shocked by a wave of shootings perpetrated by far-right extremists. The shootings in Gilroy, California and El Paso, Texas, were carried out by individuals who shared fascist manifestos, detailing their beliefs prior to the attacks, which claimed the lives of 25 people. You would have to