image: gallery.hd.org |
Four
years after the collapse of Lehmann Brothers, the world economy remains mired
in slump and financial instability. The predictions and promises of a
“recovery” have proven to be cruel lies. Instead, the depth of the crisis is
being exploited by the ruling elite in the United States, across Europe and
internationally to unleash the greatest assault on living standards and social
and democratic rights since the 1930s, and make the working class pay for the
failure of the capitalist profit system.
At
the same time, the US is stepping up its decades-long use of military violence
to maintain its waning global dominance. War is being prepared against Iran,
amid an escalating intervention in Syria by the Obama administration and the
European powers. Throughout the Asia-Pacific, American imperialism is carrying
out a reckless military build-up to try to undermine Chinese economic and
political influence, threatening to trigger a confrontation between
nuclear-armed states.
The
program of the Gillard Labor government is determined by the international
descent into war and depression. It has unconditionally aligned Australian
capitalism with the US drive against China. The deployment of American marines
to Darwin is the screen behind which northern and western Australia is being
transformed into a staging base for joint operations aimed at controlling
China’s access to the key sea lanes between the Indian and Pacific Oceans.
Labor is also abetting Washington’s persecution of Julian Assange and
WikiLeaks, in order to terrorise and intimidate every opponent of imperialism.
Domestically,
the Labor government and the trade unions are working with the major
corporations to destroy thousands of jobs and attack working conditions in
manufacturing, the airlines, the financial sector and retail. As the mining
boom ends and government revenue falls, Gillard and Treasurer Swan are drawing
up even greater cutbacks to social security to meet the government’s commitment
to a budget surplus, while insisting that the state governments also slash
their spending. The type of austerity seen in the US and Europe is being
prepared in Australia.
The
working class, and young people in particular, are confronted with the
political question: how to defend their rights and their future? The SEP
meetings will elaborate the socialist and revolutionary program and principles
that provide the only viable way forward against the Labor government and the
Greens, unions and other organisations that are assisting it impose the
dictates of the financial and corporate elite, and drag the population into the
maelstrom of militarism and war.
Reference: World Socialist Web Site
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