(Weekly Organ of the Communist Party of India (Marxist)
November 15, 2009
OF FALL OF
Euphoric Celebrations To Divert Attention From Crisis
THE victor always scripts
history. The historian only comes in much later to document the role
of the people caught in the cross-fire. This is more than evident once
the euphoric celebrations that marked the 20th anniversary
fall of the
Surely, sometime in the future, real history will be put back on its feet instead of standing on its head. However, the need to distort this history is important for imperialism in the current conjuncture where its impregnable Wall – Wall Street – has collapsed. It has not collapsed because of any external assault. It has collapsed because of the very internal dynamics of capitalism that has brought about the current phase of imperialist globalisation which was simply unsustainable. In these columns, on many occasions in the past, we have discussed the systemic nature of the current global capitalist crisis and recession. These need not be repeated here.
For the vast majority of the
world’s people, it is the collapse of the imperialist Wall Street that
impacting grievously on their lives. During this year, since the
capitalist recession has begun, not only has the world’s
Further, such euphoric celebrations of the fall of Berlin Wall also seek to obfuscate the anti-people manner in which imperialism is seeking to emerge from this crisis. All the bail-out packages amounting to whopping trillions of dollars of financial support to those very institutions who in the first place have been the chief instruments leading to the present crisis, have only helped the corporates to emerge with better balance sheets and profits at the expense of the fate of the common people. This is not surprising given the class character of capitalism.
Unemployment worldwide is
growing. OECD report states that more than 57 million people have
ranks of unemployed during this period. The unemployment rate in US has
officially touched double-digits-10.2 per cent. Unofficially this is
to be around 20 per cent, as the official statistics do not take into
consideration those people who had stopped looking for jobs in the past
months as they have lost all hope of finding one. The poverty rate in
Clearly therefore, these euphoric celebrations of the fall of the Berlin Wall can not and will not divert the attention of the vast majority of the world’s working population away from resisting capitalism and imperialism’s efforts to emerge from this global recession at their expense. Popular struggles need to be strengthened to expose these machinations to divert the attention of the people.