Yesterday Wall Street was rocked by a mass demonstration of over 15,000 people protesting against “corporate greed.” The crowd jammed the square and stretched for blocks along Broadway. This unprecedented protest was a manifestation of the mood of anger, bitterness and frustration that has been accumulating for years in American society, which had already previously erupted in the big demonstrations and walkouts in Madison, Wisconsin, culminating in the occupation of the Capitol.

“Enough is enough! We are the 99%!” This is the sentiment being expressed by the brave youth now occupying Freedom Plaza in New York City, just a few feet away from Wall Street. This is the pent-up feeling of millions—no—billions of people around the world. Enough unemployment! Enough war! Enough poverty! Enough discrimination!

To the courageous protesters, facilitators and sympathizers of the #occupywallstreet movement! Your bold action, inspired by the movements in Egypt, Greece, and Wisconsin, is a great effort in trying to capture the imagination of millions  of workers and youth around the world who are dissatisfied with the status quo. It shows that there exists in this country a layer of committed left-wing activists who are ready to challenge the injustices of capitalist society. As allies of the movement, we would like to offer our perspective.

My visit to Venezuela at the end of June coincided with the speculation, rumours and finally announcements about the health of Hugo Chavez. This incident revealed a number of important questions about the Venezuelan revolution, the role that President Chavez plays in it and the character of the counter-revolutionary opposition.

According to a Harvard Medical Study published in 2009, nearly 45,000 people a year die in the United States  from preventable illnesses which go untreated due to lack of medical insurance. This represents approximately one person every 12 minutes, and serves as a huge counterexample to American claims of having “the best Healthcare system in the world.”

Youth in Canada and globally are being unjustly forced to bear the heavy burden of the capitalist crisis. While corporations worldwide continue to maximize profits, youth are suffering record unemployment rates that leave them susceptible to poverty, a lack of housing and education, and an increased risk of violence and conflict with the law.

On 22nd August, New Democrats woke to discover that we had lost our Party leader, Jack Layton. Now we are seeing a huge outpouring of emotion amongst party activists and the wider working class. This is because in these times of crisis and austerity, Jack Layton was seen to represent something different. He represented a path towards social justice and away from the race to the bottom. Hope and optimism were Jack’s watchwords and this is exactly what workers and youth are looking for right now. Fightback salutes the passing of a fighter who will be missed by millions.

The recently completed core services review has stripped Toronto mayor Rob Ford of his populist façade, and revealed the true extent of the austerity to come in Canada’s largest city. Almost every single aspect that makes capitalism semi-bearable for working-class people is about to be taken away.

While I was in Venezuela a number of comrades asked me about some manifesto against “Chavez's attacks on trade union rights” and also about the controversy over a letter Noam Chomsky had signed which the bourgeois media had used in their campaign in defence of “human rights” in Venezuela.

As part of my recent trip to Venezuela I was invited to speak about the world crisis of capitalism and the class struggle in Europe at two meetings of PDVSA oil workers in Monagas, in the east of the country. One of the meetings took place in Maturín, the capital of the state and where the PDVSA management for the Eastern Region is based, and the other one in the PDVSA installations in Punta de Mata, a city built around a massive oil field.

A deal to raise the debt ceiling has now been reached, after weeks of incredible fear-mongering on the part of both bosses’ parties and Wall Street, and will reach the President’s desk by the deadline on August 2nd.  The contents of the final agreement remain rather vague, but the broad outline is enough to make clear what it means for workers in the U.S. 

On Friday, June 24, 2011, the NY State Senate voted to legalize gay marriage in New York State. This is a victory for democratic rights!  Marxists oppose all forms of discrimination, including discrimination based on sexuality and gender. The fact that marriage laws discriminate against same-sex partners is just the latest in the struggle for equality and democratic rights for the LGBT community under capitalism.

As ratings agency Moody's considers the possibility of cutting the US AAA debt rating, concerned that the US could default on its debt obligations, we publish a recent editorial statement of the US Socialist Appeal on the forthcoming wave of massive cuts in public spending in the United States. As the article points out, “the capitalists must impose a new normality on the U.S. working class. The crisis of their system means that small cuts or adjustments are no longer enough. The hatchet is out now...”

On Monday, June 20, the U.S. Supreme Court threw out a massive class action sexual discrimination lawsuit filed against Wal-Mart by a group of current and former women employees. This blow against the rights of these 1.5 million workers should come as no surprise. Even a cursory review of legal history shows that the courts have a long tradition of siding with big business over workers. And no wonder: most of the supposedly “impartial” judges are very political indeed, most of them having been appointed by one of the two corporate parties!

At the end of June I had the opportunity of visiting Venezuela where I attended the national conference of “Class Struggle” (Lucha de Clases), the Venezuelan section of the International Marxist Tendency. What I witnessed is an increased polarisation between left and right, but above all an open clash between the revolutionary wing of the Bolivarian movement and the reformists and bureaucrats. In a series of articles I will attempt to illustrate this.