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Defenders of the free market look towards libertarians such as Hayek and Mises – and their assertion of an ‘economic calculation problem’ – in order to attack socialism. But in truth, Marxists answered these reactionary arguments long ago.

The German government is being forced to ration hot water; street lights are being dimmed; and special heated halls are being set up for those who can’t afford central heating – in a country where winter temperatures regularly drop well below freezing. Many Germans are stocking up on wood to burn for warmth, as many predict that gas supplies will completely or nearly run out by early 2023. These are the grim prospects faced by the working class in the economic powerhouse of Europe.

Since June, the Netherlands has seen a new wave of militant, 40,000-strong farmers’ protests, aimed against government plans to reduce the emission of nitrogen compounds. These protests have reached the international media, with videos proliferating of heavy tractors blocking roads and supermarket distribution centres, and dumping manure outside the homes of politicians. What lies behind these protests, what class interests do they represent, and what is the position of the Marxists towards them?

Last month, under conditions of extreme economic turmoil, the Sri Lankan masses burst into the presidential palace in Colombo, forcing hated president Gota Rajapaksa to flee and, soon after, announce his resignation. It immediately prompted the most frantic discussion amongst representatives of the ruling class, who are terrified of similar events occurring elsewhere.

A mass fightback against the ruling class’ attacks is beginning, with strikes and grassroots movements building. To win, workers and youth must be armed with a militant strategy, bold socialist policies, and a clear revolutionary perspective.

A wave of class struggle, rising all over the world, is approaching Vietnam. Under increasing financial pressure, sections of the Vietnamese working class have engaged in furious wildcat struggles. The rising tension is also reflected in the actions of the ruling Communist Party of Vietnam (VCP), which is now led by its most powerful leader in decades. While making a show of proactively addressing corruption in Vietnamese society in an effort to appease the masses, it has simultaneously increased repression.

On 29 July, attempts made to recover 31 tonnes of gold worth over $1bn from a foreign central bank (that is supposed to mind the gold for safekeeping) by a democratically elected leader were repudiated by a foreign court. The sovereignty of a country’s highest judicial institution has been swept to one side by another country's ruling.

The trip by Speaker of the United States Congress, Nancy Pelosi, to Taiwan has placed the Taiwanese national question at the forefront of world politics. Though Taiwan is, de facto, an independent state, the Chinese government has always maintained that the island is part of its territory. Meanwhile, the United States has maintained a deliberately ambiguous stance on the question for decades. Pelosi’s trip is yet another nail in the coffin of this delicate balance which, if upended, could threaten the stability of the whole region.

After days of intensive speculation and evasion, US Speaker of the House Nancy Pelosi landed in Taipei, Taiwan on a US Air Force Jet yesterday. This reckless and reactionary provocation towards China by US imperialism threatens to destabilise the entire Indo-Pacific region. 

With the Tories in turmoil, and the class struggle sharpening, the Labour leadership is straining to prove what a safe pair of hands it would be for the capitalists. It is clear whose side Keir Starmer is on: that of the bosses, not the workers.

On the 20-23rd July, two comrades from the Marxist Student Federation were invited to attend the third Gazte Topagune Sozialista (Socialist Youth Gathering) held by GKS and the Ikasle Abertzaleak student organisation in the Basque Country. We were also joined by a comrade from Lucha de Clases, the section of the IMT in the Spanish State. GKS is a new socialist youth organisation in the Basque Country, with the aim of building a classless society with a particular slant against the class collaborationist tactics of the social democrats. 

A slew of banking crises, struggles, and repression have recently rocked the rural areas of Henan province in China. Earlier in the year, several local banks declared that customers could no longer withdraw their own savings. The depositors quickly organised a struggle against the banks, which were aided and abetted by the CCP bureaucracy. Despite living under the most technologically advanced surveillance state in world history, the depositors’ protests soon escalated from economic to political demands and slogans. These unprecedented developments garnered widespread attention across China, as many workers and youth fear for their future amidst lockdowns and real estate crises that

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