Following are excerpts from a Nov. 13 talk at the Workers World Party national conference given by Monica Moorehead, member of the WW Secretariat, a WW managing editor and editor of “Marxism, Reparations and the Black Freedom Struggle.”

This unprecedented global capitalist economic crisis is devastating the lives of workers not only in the poorer, developing countries but also in the rich, capitalist countries including the U.S. Almost daily some study is released on how workers are being impacted by unemployment, underemployment, home foreclosures, debt, lack of education and health care, attacks on pensions. The list goes on and on.

Just reading all these statistics can easily be a downer and a source of tremendous demoralization and desperation, especially for the masses who right now see no way out of this morass. But for the movement it should have an opposite effect because as Marxists, our duty and responsibility is not just to interpret and analyze the world’s problems but to change them. Revolutionaries must be part of the solution, not part of the problem.

The experts never view these deteriorating conditions within the general framework of the decadent, archaic nature of the capitalist system, which is driven insanely to make profits at the expense of providing human needs.

The workers, as exploited wage slaves, continue to be a tremendous source of profits for the corporate bosses. This exploitation has laid the basis for globalized solidarity as the growing poverty in the capitalist countries is moving quickly in the same direction as the poverty in the oppressed countries.
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