Battaglia Comunista

The world economy is in poor shape and the American economy is in even worse condition. The 2008 crisis has not been resolved and many analysts fear a new financial explosion. Capital continues to stay clear of investment in production and is trying to recover without running up more debts. Company returns are low, profit rates are decreasing. Capital is moving more and more into speculation. It is the same old situation, except that the rescue costs of the previous crisis cannot be repeated in the next crisis. The sound of war can be heard in the distance, accompanied by the rising threat of a new, catastrophic barbarism.

An Italian comrade takes a sardonic look at the latest abasement of so-called “academic Marxists” at the feet of the new imperialist order à la chinois.

The new populist “government of change” made up of the anti-European Five Star Movement and the racist Lega (The League, formerly the Lega Nord or Northern League) has begun to adopt some of the same empty rhetoric of the past. Their target is not much different from the fascist anti-semitism of the past. Whilst their main guns are today trained at the EU they also point to the nefarious activities of “financiers like Soros”. George Soros is of course the target of the anti-semitic campaign of Orbans in Hungary. According to these “populists” the problem is not capitalism but only some aspects of it.

In Naples, in early June, a Malian man was shot by three youths in a drive by shooting. As they fired they chanted “Salvini, Salvini”. Matteo Salvini leader of the League (formerly the Northern League) only got 17% of the vote in Italy’s election but in the new “government of change” in coalition with the Five Star Movement has become Minister of the Interior. This is an ideal role for him to play his racist card.