Resolution of the SEP Fourth National Congress – 2018
The world situation is characterised by an immense crisis of the capitalist profit system and acute social and political discontent.
Capitalism is increasingly discredited, as many recognise that the present economic system is fatally flawed and in need of drastic remedy—even if they do not yet understand how this should be done. This is finding expression in a global resurgence in the class struggle.
As imperialism spirals into protectionism, trade war and militarism, the conditions associated with the 1930s are returning, at an even more advanced and explosive level.
Whether the working class can rise to its historic task of socialist revolution in time, or be crushed by reaction, will be decided in the course of the class struggle.