Imperialism faces its worst financial, economic and political crises since the 1930s
Statement by the Liaison Committee for the Fourth International - LCFI
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The British riots that began in Tottenham on Aug. 6 after police shot Mark Duggan were the result of contention of the class struggle by the trade union bureaucracy in favor of the capitalist class
The US is still the only major superpower in terms of military might. The emerging rival imperialist powers bloc of Germany and the BRICS countries, Brazil, Russia, India, China and South Africa, who abstained in the Libya no fly zone vote at the UN (apart from South Africa who was not then a member) have been intimidated into accepting the situation; pressure on Germany has cowed that rival and in turn Russia and China has been forced to accept that the military might of the US and its allies Britain, France and other smaller European imperialist countries cannot be challenged on a global scale. It is clear that this is very much the weaker Imperialist power bloc; they do not have the economic might to replace the dollar and they do not have anything like the military strength to oppose the US and its allies in a war. And there are really only two rival theories of world Imperialism and we are Leninists; it will not be possible ultimately to resolve these inter-imperialist conflicts as Karl Kautsky thought. These will inevitably lead to WWIII and great revolutionary upheavals where the world revolution of decent into generations of barbarism will again be sharply posed.


