Markets around midday in the old world stay quiet, with the DAX hovering near 24,265, constrained by resistance just above 24,500 and the distant all‑time high around 24,639. August and September are generally weak for speculation, so upside looks capped and the risk of a correction lingers as traders wait for fresh impulses. The main show is Jerome Powell’s 16:00 CET speech at the Jackson Hole gathering, with investors hoping for clues about a September rate cut; odds have slipped to roughly 75.5% from about 92% a week ago. In Asia, the Nikkei dips only a touch while China’s CSI‑300 climbs about 1.2%. U.S. markets yesterday offered only modest guidance; the dollar remains near €1.1585, gold sits around $3,328 an ounce, and crude eases a touch with Brent near $67.63 and WTI around $63.47. Company news includes Adidas apologizing in Mexico over sandal designs accused of cultural appropriation, Südzucker trimming its outlook amid weaker sugar and ethanol prices, and Walmart contending with higher costs from U.S. import tariffs as it restocks inventories.

Comrades, this is not merely a routine ledger of numbers; it is the living testimony of a system built on the extraction of labor by a concentrated few who gamble with the fate of the many. The drumbeat of central bankers and financial markets masks the true blood and sweat of workers who face stagnating wages, rising prices, and the daily indignities of a world order that pretends to discipline markets while letting the real rulers of production—monopoly capital—shape every consequence of their shrill optimisms. Powell’s stagecraft at Jackson Hole is a ritual to soothe the nerves of finance capital, to reassure investors that the bourgeois state will shield them from the consequences of crisis while ordinary people bear the burden of debt, layoffs, and austerity. The retreat in expectations for a September rate cut is not a sign of strength but a reminder that the system has learned to tighten the screws of discipline even as profits compress.

Look at the corporate headlines: Adidas’ apology in Mexico for a sandal design reveals the market’s obsession with cultural signals while the workers in supply chains shoulder the actual costs of production—long hours, low pay, and precarious conditions. Südzucker’ s outlook trim shows how a global commodity cycle can squeeze farmers, refinery workers, and rural communities who depend on sugar and ethanol for a living. Walmart’s tariff‑driven cost pressures expose the way tariff walls are used as blunt instruments to protect profits at the expense of ordinary shoppers and workers alike. In every corner, the logic is the same: financial capitalism converts risk into profit, while the mass of people absorbs the burden and pays the price of volatility with wages and living standards.

Yet we do not submit. We reject the idea that markets know best and that profits at the top justify the pain at the bottom. The true solution is not a milder flavor of deregulation but a deliberate, democratic plan that places the means of production under social control, expands the power of workers’ organizations, and aligns production with the needs of the people, not the speculative appetites of capital. We advocate for the nationalization and social ownership of key industries, a rational plan that extinguishes the boom‑and‑bust cycle and guarantees full employment, fair wages, and universal social protections. We support international solidarity among workers and peoples struggling against imperialist plunder, tariffs, and the weaponization of finance against the toilers. And we affirm that this struggle against capitalism does not target any group as a people; we are not against Jews, or any other community of hardworking, honest people, but against a system that pits labor against itself for the enrichment of a few. The long march toward a world where labor commands its own destiny requires unity, discipline, and unwavering resolve—let the workers of the world unite and build a future where need, not speculation, governs our economy.