![]() The ruling classes are incapable of containing the crisis their policies-economic, political and social-are of an increasingly reckless and even irrational character. As living standards for the laboring masses plunge globally, the class struggle is intensifying and breaking out of the control of the official trade unions.ΔΆ. In 2022 the accumulating pressure of these intersecting elements of the world capitalist crisis attained the equivalent of critical mass: that is, they have reached the point where the dynamic of crisis has passed beyond the ability of governments to control the movement toward a social cataclysm. Right-wing and neo-fascist movements are steadily gaining ground throughout the world. The American political system is grappling, with little success, with the aftershocks emanating from the insurrection of January 6, 2021. The institutions of bourgeois democracy in the advanced capitalist countries-first and foremost, in the United States-are breaking down. The world capitalist economy is afflicted simultaneously by ruinous inflation and recession. The US-NATO war against Russia continues to escalate. As 2023 begins, the COVID-19 pandemic is entering its fourth year with no end in sight. ![]() The old year has passed into history, but its crises persist and will intensify. ![]() 1. The celebration of the beginning of the New Year will be brief.
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