Distinguished Chairperson of this august gathering and Secretary of the Marx Memorial Library (MML) Professor Mary Davis, Her Excellency the Ambassador of Cuba to the UK Ismara Vargas Walter, General Secretary of the Communist Party of Britain (CPB) Robert Griffiths, Chairperson of the MML Alex Gordon, Treasurer of the MML Harsev Bains, distinguished representatives from the Embassies of China, Vietnam, Laos, Venezuela, Sri Lanka, leaders of various fraternal Communist and Workers’ Parties, and my dear comrades and friends,

At the outset, I profusely thank the leadership of the CPB and the MML for giving me this great honour and privilege of delivering the 2025 Marx Oration to mark the death anniversary of the greatest revolutionary thinker who ever lived, Karl Marx. On behalf of the one million members of the Communist Party of India (Marxist), and the 15 million members of the All India Kisan Sabha, I convey my warmest revolutionary greetings to you all.

On March 17, 1883, 142 years ago, the great Frederick Engels was here, at this very spot, paying homage at the fresh grave of his closest comrade and friend. Engels said, “Marx was before all else a revolutionist…His name will endure through the ages, and so also will his work.”

Seminal contribution of Marx  

How prophetic Engels was! The name and work of Marx has not only endured, but has greatly enhanced, through the ages. Marx wrote in his youth, “The philosophers have only interpreted the world in various ways; the point, however, is to change it.” His scientific, critical, and revolutionary method of the analysis of society has indeed changed the world, and there is no doubt that it will change it even more.

His discovery of the science of dialectical and historical materialism, the theory of surplus value which uncovers the reality of exploitation, and his stress on the necessity of a political class struggle to achieve revolution, liberation, and socialism, have been borne out by the actual experience of gigantic struggles. The historic saga of various socialist revolutions and their spectacular achievements, and of the iconic and victorious struggle of the former Soviet Union against world fascism, will always live on through the ages.

The state of the world today proves the relevance of Marx’ analysis. Let us take just three brief quotations from Marx and see how perfectly they apply today.

In ‘Capital’, Volume 1 (1867), Marx writes, “If money, according to Augier, ‘comes into the world with a congenital blood-stain on one cheek,’ capital comes dripping from head to foot, from every pore, with blood and dirt.” Here, Marx adds a footnote quoting T J Dunning, “With adequate profit, capital is very bold. A certain 10 per cent will ensure its employment anywhere; a certain 20 per cent will produce eagerness; 50 per cent, positive audacity; 100 per cent will make it ready to trample on all human laws; 300 per cent, and there is not a crime at which it will scruple, nor a risk that it will not run, even to the chance of its owner being hanged. If turbulence and strife will bring a profit, it will freely encourage both.”

In ‘Capital’, Volume 1, again, Marx writes, “Accumulation of wealth at one pole is, therefore, at the same time, accumulation of misery, agony of toil, slavery, ignorance, brutality, mental degradation at the opposite pole, i.e. on the side of the class that produces its own product in the form of capital.”

In the ‘Communist Manifesto’ (1848), Marx and Engels write, “The need of a constantly expanding market for its products chases the bourgeoisie over the whole surface of the globe. It must nestle everywhere, settle everywhere, establish connections everywhere.” Marx and Engels in this prescient passage, hint at the globalization to come – a full 177 years ago!

With the development of capitalism, Lenin enriched this concept of Marx in his seminal work, ‘Imperialism, the Highest Stage of Capitalism’ (1917).

Relevance of today

What do we see in the world today, which underlines the relevance of Marx?

Gross and obscene inequalities abound, a direct result of economic exploitation and social oppression. The world’s richest 1 per cent own more wealth than the bottom 95 per cent of humanity. Since 2020, the richest 1 per cent have grabbed nearly 67 per cent of all new wealth – nearly twice as much as the bottom 99 per cent. Billionaire fortunes are rising by $2.7 billion a day, even as inflation outpaces the wages of 1.7 billion workers.

On the other hand, in 2023, 46 per cent of the world’s population, or over 3 billion people, are living under the global poverty line of $ 6.85 (2017 purchasing power parity) per day. Of these, 700 million people live in extreme poverty, surviving on less than $ 2.15 per day. 10.7 per cent of the world population (864.1 million) is affected by severe food insecurity, and of these 60 per cent who go hungry are women and girls.

The global unemployment rate today is 5 per cent, and the global youth unemployment rate is 13 per cent. Newer technologies and artificial intelligence are aggravating unemployment and exploitation, and leading to still greater super-profits for the large monopolies and corporate houses. Runaway inflation, and wages not keeping up with it, have led to a severe cost of living crisis in several countries, for both the working class and the middle class. In 2024, 54 countries were in a debt crisis, and net resource transfers from developing to developed countries have averaged $ 700 billion per year.

There is not a shadow of doubt that all the above stark facts are a direct result of the policies of neo-liberalism and imperialist globalization, which have intensified in the last four decades. These policies met with a rude shock in 2008 with the global financial crisis which began in the USA, spread to Europe and all over the world, and forced many capitalist world leaders to turn to none other than whom Engels described as the ‘best hated and most calumniated’ Marx to get a credible explanation for these events! What a poetic irony that was!

The rising social unrest as a result of these extreme global inequalities between the Global North and the Global South, economic and social inequalities within each nation, and the attacks of the ruling classes on the working people through ‘austerity measures’, is being broadly channelized in two directions, depending upon the concrete situation in each country.

One is the rightward shift in many countries, which sometimes takes the form of far-right and neo-fascist attacks on racial, religious, and other minorities, including immigrants. Ironically, this same policy of Hitler then is being faithfully copied by Netanyahu now, and also by some others. In many countries, the political-ideological bankruptcy of social democratic parties and their unprincipled compromises have helped the far-right to advance.

The opposite trend is the significant left victories in important countries like Venezuela, Bolivia, Brazil, Mexico, Colombia, Uruguay, and recently in Sri Lanka, where left forces could win over large sections of the people.

Donald Trump of the USA is the latest and classic example of the far-right, neo-fascist, authoritarian offensive. There is a method in his madness. It is a systematic last-ditch attempt to arrest the inexorable decline of the USA. This attempt is bound to fail. Under Trump, the likes of Elon Musk and other large corporate cronies are now directly calling the shots in the US government. This will make it even more plutocratic, neo-liberal, anti-people, and anti-democratic. Neo-liberalism thus creates the conditions for neo-fascism.

Trump’s ridiculous claims on Greenland, Canada, Panama Canal, and Gaza, and the tariff and trade wars that he has unleashed, are being strongly resisted all over the world. His decisions of the withdrawal of the US from the Paris Climate Accords, and also from the World Health Organisation of the United Nations, are also being opposed tooth and nail by many forces. His stand on the Ukraine war has now ranged the governments of Western Europe against him. But on the inhuman Imperialist-backed Zionist genocide by Israel against the courageous Palestinian people of Gaza, leading to the deaths of nearly 50,000 people, with 60 per cent of them being women and children, the entire imperialist camp is fully united behind Israel.

Rays of hope 

On this occasion, we salute the socialist countries like Cuba, China, Vietnam, Laos, DPRK, and the left-led countries of Latin America and Sri Lanka, who are working hard to ensure the rapid and just socio-economic progress of their people, and many are also boldly opposing Imperialism and Zionism. We give our special red salute to the people of Cuba led by their Communist Party, established by heroes like Fidel Castro, Che Guevara, and Raul Castro. The people are courageously fighting against the savage new attacks of the Trump administration.

In other countries too, struggles and resistance are increasing. In my country India, we saw in 2020-21 a truly iconic and united nationwide struggle by millions of farmers who blocked the national highways leading to the nation’s capital Delhi for a full one year and fifteen days. They were fighting against the three pro-corporate, anti-farmer Farm Laws imposed by the central government at the height of the Covid pandemic. Over 700 farmers were martyred. This struggle forced the government to repeal the three Farm Laws, leading to a historic victory.

Now the same central government in India is trying to implement the draconian four Labour Codes, which are equally pro-corporate and anti-worker. A massive united nationwide general strike by the working class, supported by a rural strike of the peasantry, in which several million workers and peasants will participate, is being planned for the month of May 2025 against this serious assault.

The World Social Forum (WSF) has an attractive slogan signifying hope: Another World is Possible! At the graveside of the towering revolutionary Karl Marx on his death anniversary, we need to modify it a bit to: A Socialist World is Possible! Socialism for the 21st Century is the only Alternative!

Marx and Engels concluded the Communist Manifesto with these resounding words, “The proletarians have nothing to lose but their chains. They have a world to win.”

Comrades and friends: Let us all work unitedly to vindicate Marx yet again! Let us bend all our efforts to win over the minds and the hearts of our people! Let us fight with all our energy, strength, power, intelligence, and imagination, to win this world!

Thank you very much.

Down with Imperialism! Down with Neo-Fascism!

Down with Capitalism! Down with Feudalism!

Long Live Democracy! Long Live Socialism!

Long Live Revolution! Long Live Marxism!

Also Read:

M’tra: A blow to BJP-NDA, a shot in the arm for MVA-INDIA

To Ahilya Rangnekar, an intrepid revolutionary, April 19, on her death anniversary

SKM-CTU Call for a countrywide united worker-peasant struggle for both regime change and policy change

The post A socialist world is possible: 2025 Marx Oration appeared first on SabrangIndia.