On 11 December 2018, the official Weibo account of the US Embassy in China published a blog post entitled “American University Marxist Students Show Solidarity for Unionization and Strikes” (美国大学生马克思主义社团声援工人组织工会和罢工). In it, the embassy referred to the activities of the International Marxist Tendency (IMT) comrades in the Marxist Student Association (MSA) and their political work in Madison, Wisconsin.

The glory days of American capitalism are over. Long gone are its youthfulness, enthusiasm, and idealism. The signs of extreme decay and senility are everywhere as the divisions within the ruling class are put on public display. The longest partial government shutdown in US history is just the latest example.

On 20 October 2018, the White House published a document, entitled ‘The Opportunity Costs of Socialism’, which recognises the rising popularity of socialism in the United States (particularly amongst the young) and attempts to provide a scientific rebuttal in favour of capitalism. Alan Woods replies to this document’s slanders, and investigates why socialist ideas are gaining ground in the United States of America.