Nuevo Curso

The fall out from the financial collapse of 2007-8 continues. Its latest tremor is in Brazil. The commodities boom before 2007 allowed the Brazilian Workers' Party [PT] to claim that it was redistributing income but in reality it did little. Once the commodity prices fell (and especially that of oil in 2014) the state finances were in a mess. And just about every major political figure from Lula to Temer has been tainted with corruption. Enter Jair Bolsonaro.

We welcome the formation in Spain of a new nucleus of the future world party of the proletariat, one of the many fruits of the work of the Nuevo Curso blog collective from which they have sprung. We see them as a new, young and vital expression of the development of a movement based on the historic acquisitions of the class and look forward to working and exchanging with them as they develop. We reproduce here the translation of their initial founding announcement, as well as the introduction to it by Nuevo Curso. -Internationalist Communist Tendency

The rulers of all the major capitalist states have no solution to a world economic crisis which in various forms has now dragged on for decades. In the last few years chronic insoluble economic crisis has increasingly translated into political crisis. This has produced not just changes in government but questions about the institutions of these supposedly democratic regimes.

This is translated from the website of the Spanish blogging collective Nuevo Curso whose work we frequently translate for the English reading audience. The reference to elephants arises from a recent accident involving these animals. The London Evening Standard of 3rd April described it thus; “An elephant was killed and two others were injured when a circus truck carrying five of the huge animals overturned in south-eastern Spain. The vehicle toppled over when overtaking a slow lorry on the A-30 near Pozo Canada in the central region of Castilla-La Mancha on Monday.”