China’s Evergrande: A Serious Crisis, But Hardly an Asian Lehman Brothers
The Evergrande Group, a giant Chinese real estate developer, is on the brink of default. For the Chinese bureaucracy, the crisis is not only an “opportunity to regulate the sector,” as some would have us believe. But it is too early to declare this a Chinese version of the 2008 Lehman Brothers collapse, since the Chinese government will not likely wait for things to reach that level.
Afghanistan: Between Imperialism, the Taliban, and the Chinese Bureaucracy
Two decades after the invasion of Afghanistan, the Taliban have returned to power and the United States’ hegemonic project has come to an end. Trotskyism — unlike impotent Stalinism and post-Marxism — has some light to shed on Afghanistan’s necessary struggle for emancipation from imperialist oppression and capitalist exploitation and for the conquest of all democratic rights for women and ethnic minorities. National bourgeoisies cannot accomplish any of that.
Lula and the Coup Regime
Lula’s convictions have been annulled, paving the way for him to run in Brazil’s 2022 presidential elections. But the regime’s goal is to save the legacy of the institutional coup, using Lula as an escape valve for social discontent. For Lula’s Workers’ Party, the task is not to fight the coup regime but to take its place within it.