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At the first meeting of the Communist Party’s newly elected executive committee last weekend, ROBERT GRIFFITHS delivered the main political report. The Morning Star publishes here an edited version of it
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BRITAIN’S political crisis is deepening by the day. The traditional party of the capitalist class, the Tory Party, is divided and possibly heading towards a rupture. No longer can it be said that “loyalty is the Tories’ secret weapon.”
The roots of the present crisis lie in the great financial crash of 2007-8. The neoliberal offensive unleashed after the counter-revolution in the Soviet Union and the socialist states of eastern Europe collapsed under the weight of its own contradictions.
The over-accumulation of capital — much of it fictitious — and the short-term greed of largely unregulated financial market forces brought neoliberalism to its knees.
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