CHICAGO, March 9 – A multiracial crowd of dozens of students and workers rallied and marched across the campus of the University of Illinois in Chicago (UIC) to protest the administration’s decision to allow fascist scum Candace Owens and Charlie Kirk space to spread their brand of gutter racism and sexism. Members of the communist Progressive Labor Party (PLP) and our friends joined the action to support the fight and spread communist revolution as the only alternative to fascism, capitalism’s response to a crisis in their system.

Owens and Kirk are right wing organizers and talk show hosts. They travel across the U.S. promoting open sexism, mainly against trans workers. They serve the domestic U.S. capitalists who are mainly represented by the Republican Party. But these are the Small Fascists (see Glossary, page 6).

Although the threat presented by these open fascists is very real for our class, PLP holds that they do not represent the primary danger for workers – the finance capital, liberal bosses within President Joe Biden’s camp do. These are the Big Fascists, the finance capitalists who want to maintain their worldwide empire. They want a united working class brainwashed by patriotism and willing to fight and die in a world war to defend these capitalist’s profits.

So while we directly confront these gutter racists head on, we need to fight even harder against the multicultural, liberal Big Fascist bosses that seek to disarm our class through shallow identity politics as they build the path to all-class unity and imperialist war.

Fascism is at its core not just about “wicked people” but rather the desperate strategies employed by all capitalist bosses to save their profit system in crisis. We need to build our international Party to overthrow the capitalist system that ultimately gives rise to fascism and war–no matter the appearance or the promises of the bosses at the top

Fight gutter fascists head on
The anti-fascist, antisexist students and workers first gathered at the quad area to assemble before marching a short distance across campus to the forum site. Those of us in PLP and our friends came equipped with signs, a flyer about growing fascism, and copies of CHALLENGE in order to sharpen the militancy of the protest.

At first, the leaders of the march and their marshals directed the protestors to an open site on the other side of the street from the forum. But after a short while enough participants pushed to be closer to where the gutter fascists were entering. Once there, we were able to confront the open fascists more directly.

Organizers from different student groups led chants and gave speeches that shared their “disappointment” that the university had permitted the forum. All in all, a naïve tone dominated the politics of the event, as if we could ever trust the university bosses (or any boss) to really be on the side of the students or workers.

Thankfully, a more militant Black student took the megaphone and called for more open confrontation with the fascist goons. He recalled recent experiences that he had getting arrested while protesting against the racist Fraternal Order of Police (FOP) in more remote areas of the state. Other speakers followed, highlighting the connections to March 2016 when a multiracial crowd of hundreds of protestors were able to shut down a Donald Trump rally (see CHALLENGE, 3/25/16).

Self-critically, our contingent of PLP members and friends could have been bolder in giving leadership to this event. Even though the protestors moved across the street to be closer, there was still a good fifty yards separating us from the entrance where the pro-fascists were entering. The working class can’t be satisfied with taking the “moral high ground” against the fascist foot soldiers of the capitalist class – we need to organize to attack them head on! As such, we need to be much less timid in sharpening the struggle in these settings.

Capitalist bosses, big and small, attack workers
The recent rise of fascist hate speech is nothing new under capitalism. As the profit system barrels through crisis after crisis en route to world war, we can expect to see more scum like Candace Owens and Charlie Kirk getting platforms to scapegoat sections of the working class for the failures of capitalism.

At present, LGBTQ+ workers are a principal target for the domestically-oriented Small Fascist wing of the U.S. ruling class that Kirk and Owens belong to. These Small Fascists pin practically everything wrong with capitalist society on LGBTQ+ workers, maliciously smearing them. In doing so, they are directly responsible for obscene rates of violence committed against LGBTQ+ workers and youth, particularly Black and Latin workers who are transgender. We need to fight side by side as a united class against the attempts by the bosses to divide and attack us.

However, to side with the “lesser evil” liberal bosses in this battle is the kiss of death. The still-dominant Big Fascist bosses like those in charge of Chicago and UIC pay lip service to “diversity” and other high-minded concepts while still opening the door for gutter racists in their own backyard. They lie to our face and stab us in the back, all the while promoting a “friendlier” multiracial capitalism.

By avoiding more overt fascist ideology, they can package a more insidious version of pro-capitalist nationalism that is necessary to win our class – including many LGBTQ+ workers -- to future bloodbaths against imperialist rivals like China and Russia. There is no “lesser-evil” – the whole system has got to go!

Communist revolution is the only solution
To accomplish a communist revolution to get rid of capitalism, we need the mass international PLP and our own Red Army. The fascists -- Big and Small -- already have a wide head start on organizing and arming themselves. But they are no match for a united working class armed with communist politics and leadership! Join PLP and fight back today!

Claude was set to graduate and enlist in the army at a time when the U.S., Russia, and China are in a collusion course towards world war. The U.S. war budget in 2021 reached $801 billion (Watson Institute at Brown University) but there are currently over 70,000 young people without jobs in New York City.

WHY are there so few options for working-class students? To kill or be killed in imperialist war. To be killed in the streets. Yes, the shooter pulled the trigger but capitalism planted the gun.

Individual violence in the streets is the byproduct of the toxicity that capitalism creates. Capitalism’s very DNA is the violent exploitation and oppression of the working class by the big gangsters: the rich and their government. The conditions in which working-class students are forced to grow up in are violent—failing schools, dirty waters, slumlord housing, food deserts, sickening hospitals, killer cops, rising homelessness, unsafe transit, inflated prices. All these attacks create a culture of hopelessness and alienation—which the pandemic only made worse—and makes our class more vulnerable to individualism and violence.

The following poem was written by the communist fighter, Langston Hughes (1938). Hughes refers to communist Angelo Herndon who was arrested and convicted of insurrection after organizing Black and white industrial workers in 1932 in Atlanta, Georgia. Karl Liebknecht and Rosa Luxemburg were members of the German Communist Party. They were murdered for fighting against German imperialism and war.

This is for the kids who die,
Black and white,
For kids will die certainly.
The old and rich will live on awhile,
As always,
Eating blood and gold,
Letting kids die.

Kids will die in the swamps of Mississippi
Organizing sharecroppers
Kids will die in the streets of Chicago
Organizing workers
Kids will die in the orange groves of California
Telling others to get together
Whites and Filipinos,
Negroes and Mexicans,
All kinds of kids will die
Who don't believe in lies, and bribes, and contentment
And a lousy peace.

Of course, the wise and the learned
Who pen editorials in the papers,
And the gentlemen with Dr. in front of their names
White and black,
Who make surveys and write books
Will live on weaving words to smother the kids
who die,
And the sleazy courts,
And the bribe-reaching police,
And the blood-loving generals,
And the money-loving preachers
Will all raise their hands against the kids who die,
Beating them with laws and clubs and bayonets
and bullets
To frighten the people—
For the kids who die are like iron in the blood of
the people—
And the old and rich don't want the people
To taste the iron of the kids who die,
Don't want the people to get wise to their own
power,
To believe an Angelo Herndon, or even get together

Listen, kids who die—
Maybe, now, there will be no monument for you
Except in our hearts
Maybe your bodies'll be lost in a swamp
Or a prison grave, or the potter's field,
Or the rivers where you're drowned like Liebknecht
But the day will come—
You are sure yourselves that it is coming—
When the marching feet of the masses
Will raise for you a living monument of love,
And joy, and laughter,
And black hands and white hands clasped as one,
And a song that reaches the sky—
The song of the life triumphant
Through the kids who die.

The collapse of Silicon Valley and Signature banks exposed the worst financial crisis to hit world capitalism since 2008. Even as the U.S. bosses rushed to protect the millionaires’ and billionaires’ deposits, and Europe’s financial bosses did the same for the giant Credit Suisse, a broader disaster is brewing. The instability in the world banking system is the direct result of the larger crisis of capitalism. It is driven by the decline of U.S. finance capitalism and the rise of the Chinese capitalist bosses. As worldwide recession looms, the working class is shouldering the pain. The bosses’ troubles can only get worse. Our liberation has one path: communist revolution.

Blood-soaked banks
Banks are one of the great crimes of capitalism. They produce nothing of value yet rake in trillions in profits. U.S. and European banks were born from slavery and built on racism. The banking system financed the ships that sailed to Africa and kidnapped workers.  It grew by providing loans for the cotton bosses to buy more land and more enslaved workers to farm it. The banks valued these enslaved workers more highly than the assets of all the railroad companies combined. All of the bogus racist theories that divide workers today were created to justify the brutal exploitation of slavery and the banks’ grotesque, blood-soaked fortunes (1619 Project Vox, 8/16/19).

Latest crisis could rock the system
The current banking crisis reflects the boom-and-bust nature of capitalism. It was triggered by a brazen lack of bank regulation and a fall in the value of long-term U.S. Treasury bonds, a form of debt that is bought with a promise that it will be repaid at a certain interest rate. Today’s world capitalist system is drowning in debt, from deficit-ridden governments to over-borrowing companies to workers who can’t pay their credit card bills and still feed their families.

Since the mortgage crisis of 15 years ago, the U.S. has propped up its struggling economy with extremely low interest rates that encouraged banks, businesses, and workers to borrow heavily, invest recklessly, and spend freely. When inflation soared with the Covid-19 pandemic, and the U.S. Federal Reserve responded by raising interest rates, the banks’ lower-interest Treasury bonds lost much of their value. At the same time, many midsized and smaller tech companies—the dominant depositors at Silicon Valley and Signature—were forced to withdraw funds as their cost of doing business went up and their revenues went down. To pay these depositors, the banks were forced to sell off their bonds at a steep loss. Other depositors panicked and rushed to take out their money as well, setting off a bank run—a prime example of the anarchy of the profit system.

With as many as fifty other banks in crisis (CNN, 3/13), the U.S. rulers rushed in to reassure obscenely wealthy venture capitalists that their money is safe because the bosses’ government will guarantee it. On the other hand, inflation and high interest rates mean that tens of millions of workers can’t afford to buy a home. Millions have been foreclosed upon by the banks or evicted because they can’t afford their rent.  With grocery prices skyrocketing, one of four U.S. adults now struggles to get enough to eat (CBS News, 3/21).

Tech industry crashing
The tech Industry, once hailed as the hope of U.S. capitalism, is the latest industry to suffer a plunge in profits--and to make workers pay with massive layoffs.  Of the 144 publicly traded tech companies valued at over $1 billion, only 12 percent made any profit last year. Most of them will never overcome their cumulative losses (Market Watch, 3/25). The bosses’ greed and lack of discipline are coming home to roost.

Worldwide crisis drives move toward fascism
As the failing Credit Suisse was taken over by rival USB, central banks in the U.S., Canada, Europe, Japan, and Switzerland rushed in to guarantee deposits and prevent the collapse of the entire international banking system (Business Insider, 3/20). But this short-term fix cannot stave off the threat of the next massive economic recession or depression.

The U.S. bosses’ main rivals, the Chinese capitalists, are better positioned to weather the coming storm. By contrast to the U.S., the Chinese bosses still make most of their profits from manufacturing—from the production of actual goods. In addition, they are much further along the road to full-blown fascism and direct rule, without the constraints of liberal democracy. They are better able to force their billionaires and bankers to put the interests of the entire ruling class first, even if it means that some of them will take big losses (New York Times, 3/27).

At the same time, China’s provinces are faced with slowing growth and as much as $9.5 trillion in debt. Strapped for revenue, local governments have slashed workers’ pay and health insurance. Hebei Province, bordering Beijing, cut off heating subsidies for natural gas during a record-breaking cold wave (NYT, 3/29). Wherever bosses are forced to balance their books, workers are sure to suffer most.

If the U.S. rulers hope to protect their profits and come out on top in the looming World War III, they will be forced to discipline their fellow bosses while viciously attacking the working class—and ultimately to slaughter millions.

Communist world is worth fighting for
Progressive Labor Party is fighting for a communist world. Under capitalism, buildings sit empty while millions are homeless; food is thrown away as people starve. The education, healthcare, and transportation systems are all failing. You can’t eat money. You can’t shelter people with hundred-dollar bills. You can’t treat diseases or educate children with Treasury bonds. Under capitalism, we are forced to sell our labor for much less than what it’s worth, and then to exchange money to get things we need. Money only exists because a system based on profit needs to track how much it steals from the working class. Money has driven workers apart by promoting selfishness and individualism. And when workers are too old or sick to be squeezed for more profit, a society based on money kicks them to the curb.

Under communism, all production will be organized through a communist party to serve the needs of the working class. There will be no profits, no money—and no bloodsucking banks. A communist society will be so much stronger because we will work collectively to run society. Without money to warp our priorities, everybody will be valued. Everyone will be helped to find ways to contribute. Capitalism is quickly going south, and there is no point in trying to save it. The time has come for the working class to say “Enough!” The time to fight for communism is now.