Author Archives: Yanis Iqbal

Colombia’s rebellion against the capitalist system

Colombia has been burning with the flames of resistance ever since a national strike began on April 28, 2021. The initial impetus for the large-scale demonstrations came from a regressive tax reform. The tax bill came into being due to the necessity of the Colombian state to push down the rising fiscal deficit, which could reach 10% of GDP this year. On top of this, the tight integration of the Colombian economy into the architectures of imperialism has resulted in an external debt of $156,834,000,000 (51.8% of GDP, projected to come up to 62.8%). Continue reading