Our newsletter are updated monthly and are published on the 1st of every month.

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Newssheet No.9 - 2025 

 

Editorial 

Mature monopoly capitalism in the stage of Globalization 

Monopoly capitalism is in the second stage of its development. The first stage was the stage of Imperialism. Monopoly capitalism is now in the stage of Globalization. The stage of Globalization is premised on the “General Law of Capitalist Accumulation” through its four features: concentration, centralization, the organic composition of capital and the industrial reserve army. It is enhanced by the “absolute General Law of Capitalist Accumulation” which states that as capitalism develops, the capitalists accrue vast amounts of capital whilst at the same time the workers, the working class become poorer. The stage of Globalization shows that finance capital dominates all other forms of capital. Economic integration is increasingly coming to the fore in the stage of Globalization which is significantly affecting the status of the ‘nation-state’. The European Union is the classic expression of capitalist economic integration. Vestiges of neo-colonialism still exists in the early period of the stage of Globalization, and this affects the Global South. The capitalist world economy is dominated by the G7 countries which are predominantly White apart from Japan and form the “International Community” which determines how capitalism functions in their interests. The capitalist world economy in the stage of Globalization shows the Divide between the “Global North” which is the “International Community” and the “Global South”. This is the essence of monopoly capitalism in the stage of Globalization. 

The Middle East – The “Gazan Famine” and the Nasser Hospital bombing 

The United Nations (UN) Representative Tom Fletcher has stated that Gaza City is in a man-made famine. He called it the “Gazan Famine”. He stated that it was a violation of international law and that ‘starvation was being used as a weapon of war’. According to Fletcher it was due to the systematic blockade by Israel of aid that has led to this man-made famine. The UN Secretary General took a similar approach. The response of the UN is weak-knead. It is offensive and obscene to the Palestinian people suffering oppression by the Zionist, fascistic, militaristic “Jewish State” (Netanyahu’s words) by not calling it a “war crime”. The UN does not want to offend the US Trump Administration due to the latter's complicity and, also, the Zionist, fascistic, militaristic “Jewish State” by being accused by the latter as “antisemitic” and not blaming the situation on Hamas. The UN must take a strong stance especially when the Palestinian people are faced with genocide and ethnic cleansing. The UN does not make clear the agenda of the Zionist, fascistic, militaristic “Jewish State”. What is the agenda of the Zionist, fascistic, militaristic “Jewish State” which is responsible for the “Gazan Famine”? 

The “war against Hamas” is being used to displace the Palestinian people in the Gaza Strip. The West Bank is faced with Zionist settlements leading to the displacement of Palestinians from their homeland. The ‘objective’ of the Zionist, fascistic, militaristic “Jewish State” is to turn the whole of Palestine into the State of Israel because the land was given to them by “God”. This ‘objective’ of “Greater Israel” is made obscure by the “war against Hamas” and the return of the hostages even though the Zionist, fascistic, militaristic “Jewish State” is determined to achieve it by any means necessary. The Zionist, fascistic, militaristic “Jewish State” which was regarded as the ‘victim’ due to the Holocaust is now the ‘aggressor’ and committing genocide and ethnic cleansing against the Palestinians. The Zionist, fascistic, militaristic “Jewish State” is for a “one state” solution and that is “Greater Israel”. It is not for a “two-state” solution. This is the ‘agenda’ of the Zionist, fascistic, militaristic “Jewish State” since its inception in 1917 with the Balfour Declaration. This is what underlies the “Gazan Famine”. 

The “International Community” comprising of the G7 countries and apart from Japan are White is faced with problems. They cannot call the “Gazan Famine” a ‘war crime’. The weak approach of the “International Community” is illustrated by David Lammy, the British Foreign Minister, who called it a “moral outrage”. They cannot call it a ‘war crime’ because it would expose its own complicity in the matter with their support for the Zionist, fascistic militaristic “Jewish State”. The countries of the “International Community” who are wavering know they cannot expose the ‘agenda’ of the Zionist, fascistic, militaristic “Jewish State”. 

The “Gazan Famine” has exposed the fact that the Zionist, fascistic, militaristic “Jewish State”, which has been developed and nurtured by the unconditional and absolute support of the “International Community” especially by United States monopoly capitalism, the most powerful in the world, has turned into a “monster”. It is doing what it wants and has the unconditional and absolute support of the Trump Administration in its operations. 75 years ago, the “Jewish State” was a ‘baby’, having been birthed by the imperialist Powers who wanted to resolve the “Jewish Question” in Europe, and in 2025 has turned into a “monster” in the Middle East, in Palestine. The Zionist, fascistic, militaristic “Jewish State” is now a “monster” that is oppressing the Palestinian people in their struggle for human dignity and self-determination as ‘illustrated’ by the “Gazan Famine”. 

The bombing of the Nasser Hospital by the Israeli Defense Forces (IDF) shows clearly that it has no morality, no compassion. Hospitals are protected in times of war as an expression of the Geneva Convention. This bombing is a “violation of international law”. It must be called for what it is: it is a “war crime”. The failure to do so by the “International Community” shows their complicity with the Zionist, fascistic, militaristic “Jewish State” and leading to greater oppression of the Palestinian people in their struggle for national sovereignty and human dignity.  

 

 

 

History – Brexit and the British Communists position 

The British Communists' position on Brexit was to leave the EU in 2016. This was especially so with the Communist Party of Britain (CPB). It, based on Marxist-Leninist ideology, decreed that the EU was an Imperialist creation, the Bosses Club, undemocratic among other things. This position by the CPB blinded it to the development of ‘mature’ monopoly capitalism based on “a universal law of capitalism” discovered by Marx and discussed by Lenin in the following quote:  

“Developing capitalism knows two historical tendencies in the national question. The first is the awakening of national life and national movements, the struggle against all national oppression, and the creation of national states. The second is the development and growing frequency of international intercourse in every form, the break-down of national barriers, the creation of the international unity of capital, of economic life in general, of politics, science, etc. 

“Both tendencies are a universal law of capitalism. The former predominates in the beginning of its development, the latter characterises a mature capitalism that is moving towards its transformation into socialist society...” (Lenin, “Critical Remarks on the National Question”) 

For the CPB, the EU is an Imperialist entity, an expression of Imperialism. The development of the EU and its predecessor, the European Economic Community (EEC) ushered in the stage of Globalization. The EU shows all signs of what Lenin describes as the creation of the international unity of the productive forces and economic life, the break-down of national barriers and boundaries among other things. The EU is monopoly capital in its ‘mature’ stage. The EU is “mature capitalism” and is moving towards its transformation into socialist society. The EU is capitalist ‘centralization’ which is an essential objective requisite for the development of socialism. The working class needs ‘centralization’ of the means of production to develop the socialist economy based on the co-operative system within “socialist society”. 

The failure to ‘abide’ by this ‘objective’ universal law of capitalism means that the position of the British Communists, based on the dogma of “Marxism-Leninism”, to leave the EU as an expression of “mature capitalism, is a ‘subjectivist’ position, is “subjectivism”, and as Lenin pointed out “Subjectivism” is one of the roots of idealism and does not serve the interests of the working class in Britian. 

This ‘subjectivist’ position of the British Communists ‘objectively’ led it to side with the bourgeois nationalists who also wanted Britain to leave the EU because it affected national sovereignty, the nation-state and the “supremacy of Parliament”. The ‘form’ of the two which was “Leave the EU” was the same, but the ‘content’ was different. 

The ‘subjectivist position of the British Communists meant that objectively it did not and could not provide a socialist alternative apart from advocating “public ownership” which is a Stalinist position and not the position of Marx and Lenin who advocated the co-operative mode of production, the co-operative system as the system of socialism.  

The “subjectivist” position of the British Communists led it to not combating the virulent contamination of the working class with bourgeois nationalism and propagating “proletarian internationalism” with the European workers especially from eastern Europe. The position of the British Communists was based on the working-class “hatred” for the EU. This showed in the failure to develop “proletarian internationalism” and organizational forms between British workers and European workers to combat “mature capitalism”.  

The ‘lesson’ to be learnt is that the British Communists, especially the CPB, do not base their policies on universal laws of capitalism to provide an ‘objective’ scientific analysis of “mature capitalism” but is steeped in “subjectivism”. That is what Brexit showed.