Editorial: Latest crisis of capitalism: Blood sucking banks

The collapse of Silicon Valley and Signature banks exposed the worst financial crisis to hit world capitalism since 2008. Even as the U.S. bosses rushed to protect the millionaires’ and billionaires’ deposits, and Europe’s financial bosses did the same for the giant Credit Suisse, a broader disaster is brewing. The instability in the world banking system is the direct result of the larger crisis of capitalism. It is driven by the decline of U.S. finance capitalism and the rise of the Chinese capitalist bosses. As worldwide recession looms, the working class is shouldering the pain. The bosses’ troubles can only get worse. Our liberation has one path: communist revolution. Blood-soaked banks

Click to read more ...

CAPITALISM KILLS STUDENT: FIGHT BACK AGAINST PUSH-OUTS

BROOKLYN, NY, March 29—When a neighborhood shooting took the life of a former student, a small school had two very different responses. The administration killed 17-year-old Claude* twice—once by pushing him out, and again by blaming him for his own death—while the students and education workers memorialized him again and again. In doing so, the Department of Education exposed themselves as a racist child-hating system while the working class in this school of mainly untenured teachers is learning how to be pro-student. As his teacher and communist, I am learning how to win people to fight back and connect Claude to the violent nature of capitalism. A system that kills kids has got to go.

Click to read more ...

Claude died because of a racist education system

For a child who liked learning, he was not treated like one. Claude was pushed out because he wasn’t the type of kid who put his head down. No, he had a beautiful mind of his own: •When asked to describe himself in a personal narrative unit, he wrote, “I’m funny, fast, and smart. I like to laugh and joke around a lot. I am passionate about living, and who I am today.” •When taught to use figurative language, he wrote his best friend was “as brave as a shark.” He also loved music and word play.

Click to read more ...

Capitalism is a toxic, violent system

Claude was set to graduate and enlist in the army at a time when the U.S., Russia, and China are in a collusion course towards world war. The U.S. war budget in 2021 reached $801 billion (Watson Institute at Brown University) but there are currently over 70,000 young people without jobs in New York City. WHY are there so few options for working-class students? To kill or be killed in imperialist war. To be killed in the streets. Yes, the shooter pulled the trigger but capitalism planted the gun.

Click to read more ...

Kids Who Die by Langston Hughes

This is for the kids who die, Black and white, For kids will die certainly. The old and rich will live on awhile, As always, Eating blood and gold, Letting kids die. Kids will die in the swamps of Mississippi Organizing sharecroppers Kids will die in the streets of Chicago Organizing workers

Click to read more ...

Students protest vs hate speech on campus

CHICAGO, March 9 – A multiracial crowd of dozens of students and workers rallied and marched across the campus of the University of Illinois in Chicago (UIC) to protest the administration’s decision to allow fascist scum Candace Owens and Charlie Kirk space to spread their brand of gutter racism and sexism. Members of the communist Progressive Labor Party (PLP) and our friends joined the action to support the fight and spread communist revolution as the only alternative to fascism, capitalism’s response to a crisis in their system. Owens and Kirk are right wing organizers and talk show hosts.

Click to read more ...

From Bronx to Brooklyn: Smash Racism at CUNY!

BRONX, NY, February 16–“If you love CUNY so much, why don’t you take a pay cut?” City University of New York (CUNY) students militantly challenged University Provost Wendy Hensel at her administration’s “Listening Tour,” a liberal sham of an event with the intent of squelching the rebellion of antiracist, working class youth. Along with students, CUNY professors and staff members are fighting back against tuition increases and racist austerity in the higher education system. One young comrade led chants for the first time, ensuring the administrators could hear us from outside.

Click to read more ...

Rutgers: strike is a school for communism

Newark, February 28––“I am a worker!” These words were echoed again and again throughout the Coalition of Rutgers Unions’ day long “Take Back the University” event at the college’s Newark Campus. The three-part day of protest, which marked the beginning of the faculty union’s strike authorization vote, included two teach-ins about solidarity and striking, as well as a rally aimed to disrupt the meeting of the university’s Board of Governors (BOG). On the heels of the Take Back the University day of protest, and after months of fruitless negotiations with the bosses, the 8000 academic workers of Rutgers AAUP-AFT faculty union have officially authorized a strike.

Click to read more ...

58th Anniversary: Join the Party that fights for communism

​​April 17 marked the 58th anniversary of the founding of the Progressive Labor Party (PLP). From a meeting of barely two dozen members of the old U.S. communist movement, PLP has grown into an international party now organizing in five continents. Even as our class faces a dark night and growing inter imperialist-rivalry and fascism (see editorial, page 2) we continue our fightback because this is just the beginning of a worthy struggle towards an international communist revolution. Over our first half-century, PLP has propelled the march to communism—first by leading antiracist, working-class struggle, and then through that struggle advancing communist ideas. This two-pronged strategy—practice and theory—is the basis for winning masses of workers to fight for communism.

Click to read more ...

RED EYE ON THE NEWS ... April 12, 2023

French bosses face angry workers as they dismantle capitalist welfare system BBC, 3/22–More than a million people took to the streets across France on Thursday, with 119,000 in Paris, according to figures from the interior ministry. Police fired tear gas at protesters in the capital and 80 people were arrested across the country. The demonstrations were sparked by legislation raising the retirement age by two years to 64. "I oppose this reform and I really oppose the fact that democracy no longer means anything,"...The unrest also disrupted train travel, oil refineries and saw teachers and workers at Paris's Charles de Gaulle Airport walk out of work.

Click to read more ...