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Leapfrogging: The Chinese Auto Industry’s Leap Forward

Internationalism No. 73, March 2025 Page 15 From the series The world car battle It is predicted that next year in China the sales of electrified vehicles (mainly battery-powered or hybrid) will for the first time overtake those of cars with an internal combustion engine. This development will mark a historic about turn which will put the world's biggest auto market years ahead of its Western rivals [Financial Times, December 26th]. Meanwhile, the growth in sales of electric vehicles in Europe and the United States has slowed. BYD's leap forward Another important development in 2024 was the record sales of Chinese brands in China: they rose from 38% of the total in 2020 to 56%, a sign of the maturation of the national auto industry which is now able to challenge the Japanese, American, and European manufacturers. BYD's leap forward is impressive, comparable to that of Ford Motors after the First World War, when with the Model T, introduc...

The Works of Marx and Engels and the Bolshevik Model

Internationalism Pages 12–13 In the autumn of 1895 Lenin commented on the death of Friedrich Engels: "After his friend Karl Marx (who died in 1883), Engels was the finest scholar and teacher of the modern proletariat in the whole civilised world. […] In their scientific works, Marx and Engels were the first to explain that socialism is not the invention of dreamers, but the final aim and necessary result of the development of the productive forces in modern society. All recorded history hitherto has been a history of class struggle, of the succession of the rule and victory of certain social classes over others. And this will continue until the foundations of class struggle and of class domination – private property and anarchic social production – disappear. The interests of the proletariat demand the destruction of these foundations, and therefore the conscious class struggle of the organised workers must be directed against them. And every class strugg...

Cryptocurrencies, Tariffs, Oil and Spending in Trump’s Executive Orders

Internationalism No. 73, March 2025 Page 8 Douglas Irwin, economist and historian of American trade policy, writes for the Peterson Institute that the tariffs announced by Donald Trump, if implemented, would constitute a “historic event in the annals of US trade policy” and “one of the largest increases in trade taxes in US history. One has to go back almost a century to find tariff increases comparable”. Irwin limits himself to providing us with a historical dimension to the planned duties. But the bewilderment and turmoil created, especially among Washington’s allies, derives from the fact that the tariffs being brandished are accompanied by a hail of presidential decrees and declarations that mark a profound political discontinuity, both in the balance of internal institutional powers and in the balance of power between nations. The watershed was expected, but the speed and vehemence of the White House’s assaults are setting the scene for a change of era i...

The Party and the Unprecedented crisis in the World Order: A Crucial Decade

This first quarter-century has seen an epochal turning point in inter-power relations, triggered by China's very rapid imperialist development. Arrigo Cervetto recognised this process from the very early 1990s: Today history has sped up its pace to an unpredictable extent. [...] Analysis of the sixteenth century, as the century of accelerations and rift in world history, is a model for our Marxist vision ( La mezza guerra nel Golfo [The Half War in the Persian Gulf], January 1991). The course of imperialism was speeding up, and China's very rapid rise was opening up a new strategic phase with the new century. The United States, the leading power in the world, is being challenged by an antagonist with comparable economic strength which, moreover, openly states that it wants to provide itself with a "world class" military force within the next decade. Favoured by the 2008 global crisis and also by the pandemic crisis, China has forged ahead with its rapid rise for ...

Uneven Development, Job Cuts, and the Crisis of Labour Under Global Capitalism

Internationalism No. 73, March 2025 Page 16 Uneven development is a fundamental law of capitalism. We have a macroscopic expression of this in the changing balance of power between States: Atlantic decline and Asian rise are the key dynamics behind the political processes of this era, including wars caused by the crisis in the world order. But behind all this there is a differentiated economic trend, starting from companies and sectors: hence the differentiated conditions for wage earners. And this is the element to keep in mind for an effective defensive struggle. It’s only the beginning The electrical and digital restructuring imposed by global market competition affects various production sectors. The car industry is the most obvious, due to the familiarity of the companies and brands involved. We have already reported on the agreement reached before Christmas at Volkswagen, which can be summarised as a reduction of 35,000 employees by 2030. Die Zeit [De...