Topic: monopoly capitalism

Like all previous electoral exercises staged within the framework of the semicolonial and semifeudal ruling system, the 2022 elections administered by the Duterte regime are intended to conjure the illusion that the people are democratically choosing their own political leaders from among agents of the foreign monopoly capitalists and the local exploiting classes of big compradors, landlords and corrupt bureaucrats

Philippine society persists as semicolonial and semifeudal. It is afflicted by foreign monopoly capitalism, domestic feudalism and bureaucrat capitalism. It is dominated chiefly by US imperialism, with the new imperialist power China trying to seize the West Philippine Sea. The basic exploiting classes are the comprador big bourgeoisie and the landlord class. The basic exploited classes are the proletariat and the peasantry. And the intermediate social strata are the middle bourgeoisie and the urban petty bourgeoisie.

The CNL is excellently qualified to put forward its Commentary on the basis of its long experience, sustained work, sacrifices and achievements in working with other revolutionary forces within the NDFP and with the broad masses of the people since 1972 in the people’s democratic revolution against the semicolonial and semifeudal ruling system dominated by US imperialism and administered by the state functionaries of the local exploiting classes of big compradors, landlords and bureaucrat capitalists.

The objective of studying dialectical and historical materialism is to provide the proletariat and the people with the materialist-scientific outlook in comprehending nature and society and with the materialist dialectical method in cognition or acquiring knowledge from such social practice as production, class struggle and scientific experiment.

As background, let me cite the fact that in the Communist Manifesto of 1848, Marx and Engels had already differentiated Scientific Socialism from Utopian Socialism of three kinds: