Yesterday, Joe Biden was sworn in as US president surrounded by armed troops, in the middle of a pandemic, weeks after a far-right mob stormed the Capitol building. These are unprecedented times. The capitalists are pinning their hopes on the new administration to pull US capitalism out of this period of chaos and decline, but the writing is on the wall.

In this recent talk to Socialist Appeal supporters, Antonio Balmer (from the Socialist Revolution USA editorial board) discusses the recent dramatic events in Washington, which are yet another symptom of the decline of American capitalism – and a harbinger of revolutionary explosions to come.