NEW DELHI — There could not be an agenda more significant for the communist and workers parties’ 11th international meeting than global capitalism’s deep and ongoing economic crisis.

More than 25 parties from more than 20 nations are meeting to discuss and deliberate for three days starting Nov. 20 here in the capital of India. The Communist Party USA  presented a paper on the crisis and political fallout.

Because this crisis began in the most developed capitalist country and profoundly rattled the U.S. ecomomy more than that of any other country, interest in the American Communist perspective is high.

For Marxists and leftists of the world the financial crisis did not land suddenly. It was brewing for decades. It is a traditional crisis of overproduction of commodities like cars and other products, overlaid by new trends in the economy, including financialization, which has heightened speculation and bubbles that bear no relation to commodity production. It is a crisis of the depletion of purchasing power of working people, middle class and academics caused by the largest accumulation of capital in the smallest number of hands — ever.

Along with the economic crisis, estimates of each country’s political landscape will be discussed. In the United States, looking at the balance of forces since the 2008 elections and the main problems confronting the ability of the country’s labor and people’s movements to grow and unite and deepen their reach for a people’s economic agenda was presented.

Scott Marshall, a vice chair of the CPUSA, is leading the American delegation and spoke in the opening session along with the other delegations from the Americas: Cuba, Brazil, Argentina and Mexico.



R.K. Sharma
R.K. Sharma

Rama Kant Sharma was born into a Communist family from Punjab, India in 1933. As a young boy, he became active in politics in 1944 as a student freedom fighter against British colonial rule. Sharma joined the Communist Party of India in 1949 and worked for it as a student until 1954. Sharma was a biology teacher and trade union organiser of an 18,000 strong teachers association in Delhi from 1954 until 1963.

Sharma went to Ethiopia in 1963, with his wife, also a teacher, where the two of them taught in that country.

Later he graduated in medicine from Calcutta University, and returned to Delhi to serve working families as a medical practitioner,while working as a voluntary medical doctor to the Communist Party of India's office until 1996. Sharma has run for office (parliament) as a Communist candidate.

Sharma was a founder and organizer of the Indian affiliate of International Physicians For Prevention of Nuclear War. After all four children, all of whom are medical doctors, immigrated to the United States, Sharma and his wife also immigrated to the United States.

Sharma is currently active in U.S. progressive politics and a member of Physicians For Social Responsibility.