(18 December, 2008 – 16 January, 2009)
Grasp the Situation and Grab the Opportunities!
Consolidate and Expand the Gains on All Fronts!!
Strengthen the Party and Unleash the Full Initiative of the Entire Organisation!!!
After decades of aggressive expansion, world capitalism is passing through a period of grave crisis. Big banks and other financial institutions have begun to collapse like nine pins in the US, the headquarters of the world capitalist economy. Huge sums of money are being pumped in by the American state to somehow keep these moribund institutions going. Passionate believers and advocates of unassailable American supremacy have begun talking about the decline of the US and a global shift of power from the West to the East.
For communists and anti-imperialists who had been sought to be pushed back by the marauding offensive of corporate globalisation and imperialist war, the time has come to hit back and surge ahead. Right in the US, the American people have made their presence felt through a powerful mandate in the recent Presidential elections which goes beyond the symbolism of sending for the first time a Black man to the White House. Inspired by the bold examples of Cuba, Venezuela and Bolivia, Latin America continues to defy the hegemony of US imperialism. Across the world, more and more people are getting organised to challenge the offensive of the US-led imperialist camp on all fronts.
Conditions are now particularly ripe in India for launching a powerful popular assault on the policies of the Indian ruling classes. Our comprador rulers have always looked up to the US as the ultimate model, following US-designed policies in every sphere. As a consequence of increased integration with the US, we are now importing every aspect of America’s crisis on to our soil. While the financial crisis has been triggered by Wall Street, the three-day siege of Mumbai that has come to be known as India’s 9/11 clearly showed that as a strategic ally of the US, India has now become a key theatre and target for global terrorism. With the comprador rulers getting increasingly discredited and exposed, revolutionary communists must come forward to save the country from the crisis that has been inflicted by imperialism and its Indian lackeys.
The elitist economic policies catering to the greed of the rich and the powerful and ignoring the need of the working people, rural or urban, have landed the country into a comprehensive economic crisis. Yet in the name of checking the economic crisis, the government is announcing further concessions for foreign capital and Indian monopolies. Even in a situation of crisis, the government diverts more resources in favour of capitalists by depriving the working people. We must resist this course and fight more vigorously for the basic needs of the masses.
77% of Indian people live on a daily expenditure of less than Rs. 20. It is only by increasing the income and purchasing power of these people that the domestic economy can be saved and home market expanded. The way to rejuvenation of the national economy lies in the working class resistance to the onslaught of big capital, in the rural poor’s fight for employment, wages, land, housing and subsidised supply of foodgrains and other articles of mass consumption, the peasants’ struggle for cheaper inputs and easier low-interest credit and the student-youth battle for right to education and employment.