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Economic Crisis and Inter-Imperialist Rivalry in Greece

Opportunity to Spread Vision of Communist Society

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July 2—The Greek rulers have closed the banks for a week.  While the working class suffers without food, fuel, medicines and essential necessities, the capitalists are engaged in a series of secret talks. These will inevitably result in more brutal attacks on the working class, not only in Greece but all of Europe.  Regardless of the outcome of the July 5th referendum, the international working class must advance the struggle for communist revolution.

The working class does not need banks and money to survive. We need communist society organized to meet our needs, not a society based on profit for bankers and other capitalists.  Only communist society can guarantee everyone healthy food, decent housing, meaningful work and a society without racism, sexism and wars for profit.
In capitalist society money is essential to buy things for survival.  Workers earn money when they are employed by a capitalist boss.  However, workers are only paid for part of their work.  The unpaid portion of workers’ labor becomes profit for the capitalists.  The profit motive forces the bosses to compete with each other and at the same time attack the working class to extract more profit. This competition fuels the inter-imperialist rivalry.

Greece is in the midst of intense inter-imperialist rivalry.  The European capitalists, led by Germany, see that their survival depends on cooperation with China and Russia.  However this comes in direct conflict with the interests of US capitalists who see China as a major economic competitor and Russia as a major military threat. The U.S. bosses fought in two world wars to prevent other powers from controlling Europe. They still keep troops in Germany, Britain and other European countries.
The Russian bosses see an opportunity to tighten their grip over Europe by making Greece a hub of oil and gas distribution to Europe. This plan was made more feasible at a recent economic summit in St. Petersburg, Russia. There, capitalists from Europe, China, the Middle East and Russia pledged to invest $1 trillion in Russia, mostly in oil and gas related projects. 
Not only were the US bosses absent, but their competitors made extensive progress in preparing to conduct much of this trade in non-dollar currencies. Russia even invited Greece to join the BRICS. This would make it easy for them to get credit from a bank financed by BRICS countries. 

The battle for Greece is a battle for the future of Europe. The US bosses are desperate to prevent the Russia/China alliance from dominating Europe.  They financed and created military conflict in the Ukraine to isolate Russia. The result has been the opposite. The sanctions against Russia have forged a strong Russia-China alliance, divided Europe and isolated the US, not only in Europe but in the Middle East as well. 
The economic options for the US ruling class to keep Europe, especially Germany in its orbit are diminishing rapidly. Military and economic alliances of Russia and China are building land and maritime silk roads, rails and sea lanes to encircle Europe.  This crisis will eventually but inevitably lead to nuclear world war.
History has shown that things can change rapidly and dramatically.  Before WWII, the US had a paltry air force consisting of 200 airplanes and 10,000 airmen. At the peak of war in 1943, there were over 80,000 airplanes, mostly built by Boeing, and an air force of 2.4 million.

The crisis in Greece is giving us an opportunity to reach out to the international working class with our vision of communist society and how to achieve it.  Capitalism in crisis creates many opportunities for our class to seize power. However, this will not be automatic. Our work in the factories and barracks is crucial to build a mass ICWP and a mass red army to lead the armed struggles for communist workers’ power.
Our strategy at present is to dramatically increase the readership and distribution of Red Flag worldwide.  There are already regular readers in many countries, among them Nepal, India, Bangladesh, Indonesia, Egypt, Qatar, Pakistan, and Norway.
They should all join ICWP and help mobilize the masses for communism. This will shorten the days of capitalism-imperialism and the birth of the communist world that our class needs and deserves.

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