Today and tomorrow, workers across India will take part in a general strike, which the trade union leaders anticipate could involve over 200 million people. Demands include improved conditions and wages for workers, farmers and the poor; universal social security cover for informal workers; a halt to privatisations; and the scrapping of reactionary new labour laws.

As capitalism traverses its death agony, the world is experiencing turmoil: from the war in Ukraine, to the unresolved pandemic, to runaway inflation and the threat of a new recession triggered by the war. In the following talk, delivered at the recently held national conference of Socialist Appeal, the British section of the International Marxist Tendency, Fred Weston explains the fundamental driving factors of this crisis, how it is making life unbearable for millions of working people, how it is transforming consciousness, and how it is preparing the ground for an era of revolutionary upheaval.