People's Democracy(Weekly Organ of the Communist Party of India (Marxist) |
Vol. XXXIII
No.
46 November 15, 2009 |
EDITORIAL
ANNIV.
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
and plight
of the people caught in the cross-fire. This is more than evident once
again in
the euphoric celebrations that marked the 20th anniversary
of the
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
is
impacting grievously on their lives. During this year, since the
current global
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
joined the
ranks of unemployed during this period. The unemployment rate in US has
officially touched double-digits-10.2 per cent. Unofficially this is
estimated
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
three
months as they have lost all hope of finding one. The poverty rate in
the
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.