The Communist Party of India-Marxist [CPI(M)] politburo subordinate B.V. Raghavulu connected Friday (November 7) said imperialists, peculiarly the U.S., are accelerated losing their dominance and that socialism is witnessing a planetary resurgence.
He was addressing a gathering organised by the CPI(M) here, marking the day of the First Socialist Revolution. Mr. Raghavulu said the caller U.S. elections, wherever socialist campaigner Zohran Mamdani defeated Donald Trump-backed forces successful New York, bespeak the increasing disillusionment with capitalism. “Over 60% American younker present favour socialism,” helium said, citing a caller survey. Despite attempts by imperialist nations to asseverate dominance done wars and economical coercion, the planetary capitalist bid is successful decline, helium said.
Under socialism, citizens would beryllium guaranteed housing, food, employment, livelihood and equality, on with extortion of the environment, each of which capitalism has failed to deliver. The U.S., facing economical stagnation, is instigating wars successful Palestine, Ukraine and South Asia to prolong its hegemony. “But these are hopeless moves. Capitalism is collapsing portion socialist nations similar China and Vietnam surge ahead,” helium said.
Earlier, Red Shirt volunteers marched done the streets of Vijayawada successful a monolithic rally from Tummalapalli Kalakshetram to the Makineni Basavapunnaiah Vignana Kendram, raising slogans for socialism and workers’ rights.

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