The revolutionary implications of the decline of American capitalism Part 1

Dandelion Salad

By Barry Grey
http://www.wsws.org
13 October 2008

WSWS National Editor Barry Grey delivered the following report to the Founding Congress of the Socialist Equality Party on August 9, 2008. (See “Socialist Equality Party holds founding Congress”) We are posting the first part of the report today and the second part will be posted on October 14.

The WSWS had published two documents adopted by the Congress: “The Socialist Equality Party Statement of Principles” and the “Historical and International Foundations of the Socialist Equality Party.”

To find out more about how to join the SEP, contact us here.

This congress represents an historic advance for the world Trotskyist movement. It expresses at the most fundamental level the development of the political consciousness of the working class itself. The Socialist Equality Party is being founded on the firmest and most principled theoretical and political foundations. The documents adopted by the congress—“The Historical and International Foundations of the Socialist Equality Party” and the SEP “Statement of Principles,” establish the continuity of the SEP and the International Committee of the Fourth International with the entire historical struggle for Marxism. These statements sum up all of the basic political and theoretical lessons extracted from the strategic experiences of the international working class and the socialist movement over more than a century.

Such a milestone in the development of the revolutionary socialist movement must have deep objective roots in the crisis of American and world capitalism.

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via The revolutionary implications of the decline of American capitalism–Part 1

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see

Anatomy of the American Financial Crisis: How It is Turning into a Worldwide Crisis

The Birth of the Global Dictatorship

The Capitalist Shakedown By William Bowles

Capitalism Hits the Fan

The panic of 2008 by Lee Sustar

The Economy Sucks and or Collapse