FIGHT FOR COMMUNISM!
International Communist Workers Party
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FIGHT FOR COMMUNISM! |
International Communist Workers Party | |
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Banks are murderous racist capitalist institutions. They set the rate of exploitation of the working class worldwide. Their main purpose is to maximize profits for the capitalist class. Profits are always wrenched from the working class, leaving behind untold millions of destroyed lives. This is the case whether they are US or Chinese banks.
The only way to end this scourge is to destroy capitalism with a communist revolution that eliminates money and wage slavery which are the basis for racist profits and voracious banks.
Then our labor will once again be humanized to produce use value only for the needs of the workers of the world.
Since WWII US Banks Rule the World
Since 1944, US imperialism - through the International Monetary Fund (IMF) and the World Bank – has dictated worldwide the rate of exploitation of the working class for the benefit of US financial capital.
Now, the Chinese financial capitalists have created the Asian Infrastructure Investment Bank (AIIB). Also, together with their BRICS (Brazil, Russia, India, China, and South Africa) allies, they have created the New Development Bank. Both are to challenge the US-led IMF and World Bank. These imperialists and their junior partners now want to determine that rate of exploitation for the benefit of their financial capitalists. This won’t be done peacefully.
It took WWI and WWII for the US to impose the Bretton Woods Agreement and its IMF and World Bank on the defeated German-Japanese-Italian and the declining British imperialists.
The Chinese banks’ ascendancy to dominance will be decided on the battlefields of World War III.
US Imperialism on the Decline: a Very Dangerous Beast
China’s creation of the AIIB has crystallized the rise of Chinese imperialism and the decline of US imperialism. Despite the US telling its allies not to join the bank, 57 countries have joined it, including 16 of the 20 leading economies. Britain, France and Germany rejected US wishes and joined the bank, reflecting also a more isolated declining US imperialism.
The creation of the AIIB comes as Beijing is moving ahead with plans to build the Silk Road Economic Belt and the Maritime Silk Road. The land and sea routes are to link China to Central Asia, Russia and Europe, while also connecting China with Southeast and South Asia and the Indian Ocean. The AIIB will fund these and other projects to consolidate Chinese imperialism’s power and influence.
Commenting on these developments, Lawrence Summers, a top economic advisor for Presidents Clinton and Obama, said recently that they signaled “the moment the United States lost its role as the underwriter of the global economic system.” The NY Times bemoaned that “a role commanded since the end of WWII may be slipping away,” (4/18) and Obama echoed his masters’ mouthpiece warning that if the US doesn’t set the rules in Asia, China will.
For the Working Class to Thrive, We Have to Get Rid of the Capitalists
No matter which imperialists set the rules we workers come out losing. Our class’ and the capitalists’ interests can’t coexist. The time has come for us to rule the world. By mobilizing for communism, we will put an end to US imperialism’s pivot to Asia and Chinese imperialisms’ silk roads.
Where the capitalist rule is competition, exploitation and war for maximum profit, our rule will be cooperation and collectivity to meet the needs of the international working class. We will eliminate profits and only produce for need.
Obama told reporters last week that either China will lead the Asian economy and jobs will go to Chinese workers, or the US will lead and jobs will go to US workers. He is trying to whip up anti-China sentiment so that US workers will blame China for the worsening economic crisis.
What Obama did not say is that the US is answering China’s rise by preparing to confront China militarily. However, last week the CFR, the top imperialist think tank, issued a paper titled “It’s Time for the US Military to Double Down in the Asia Pacific.” The report sums up a longer piece and calls for preparing to “defeat China’s emerging anti-access capabilities and permit successful US power projection even against concerted opposition from Beijing.”
The US is preparing for war. The rulers seek a military alliance with Japan to fight China. They hope to use Abe’s upcoming trip to Washington to hammer out this military alliance.
We march on May Day for Communism. We mobilize to turn the bosses’ war into a war for communist workers’ power. We will end the rule of the banks. Workers will produce and fight directly and only for our needs. Join us!