Against the G7 of war and austerity

The recent period reveals the slow end of the historic compromise of 1945, where imperialist interventions were justified by a supposed defense of democracy or human rights. The distribution of spheres of influence remained generally stable, at least, giving rise only to peripheral clashes. However, the march to war in the 21st century seems well underway. It is in this context that the G7 meeting will be held from June 15 to 17, 2026. The opportunity for our social camp to reiterate our anti-war determination and against the austerity policies that result from it.

Donald Trump’s political choices comparable to the journey of a headless duck: permanent improvisation. At the beginning of January 2026, he had Nicolas Maduro kidnapped from his home in Caracas, through bombing of Venezuela. Then, he threatened to invade Greenland, and finally, he launched his country, on February 28, into a “blitzkrieg” war with Iran, against a backdrop of support for Israel’s expansionist policy in South Lebanon and the West Bank and genocidal policy in Gaza. Having had a bad time, Iran resists and blocks the Strait of Hormuz, the obligatory passage for 30% of world oil trade, leading, mechanically, to an increase in the price of a barrel. Is this a new  TACO Tuesday » or a deeper problem…?

 

Reviving American profits

Trump was not elected to the presidency by chance, but to maintain the profits of big American bosses (which Kamala Harris could not guarantee). This involves an economic war, particularly against China.

The question of transport, and in particular cars and planes, is central. The choice of the United States comes down to the formula drill baby drill is to bet everything on internal combustion engines, with the exception of Tesla’s electric motors. The oil production of the United States (the world’s leading producing country, thanks to the exploitation of shale gas since 2017) is not sufficient for their consumption. It is no coincidence that they attacked two oil-producing countries. At the same time, China has chosen the electric motor. The Chinese company BYD (which holds 65% of the global electric battery market) has been investing in this sector since 2003 and today has 20% of the global electric bus market. BYD is hot on the heels of Tesla in terms of the number of electric vehicle sales and its turnover surpassed that of Tesla in January 2026.

IT is the second economic sector where the battle rages. The investment in artificial intelligence is colossal: 375 billion dollars in 2025 and a prospect of 500 billion for 2026. But the operation of OpenAI (the main American AI company) is based on the speed, number and computing power of the chips (notably Nvidia), therefore, ultimately, on the extraction and refining of rare earths. 80% of this global market is held by China. However, the soil of Greenland contains 36 million tonnes of “rare earths” and only exploits 1.5 million tonnes. Here again, the US imperial wishes are not a coincidence.

The United States is the world’s largest importer (office machines, road vehicles…). Even if it is impossible to “repatriate everything” Trump hopes to revive internal production to limit his dependence. This explains the increase in customs duties, particularly against China. Chinese imports to the United States decreased by 30% between 2024 and 2025, but still represent 9% of US imports. In November 2025, as part of the “Belt and Road Initiative”, President Xi Jinping inaugurated the Chanay megaport (Peru), 60% owned by the Chinese company Cosco Shipping. Ultimately, this port will reduce transport time and Chinese supplies of raw materials (copper, soy, lithium…) and will allow the export of Chinese manufactured products throughout the continent. China is today the second largest economic partner of South American countries (behind the United States, but ahead of the European Union) and it is its gateway to the North American market.

Finally, the last sector to revive profits is that of the reduction in the value of the American labor force. It is through this prism that we can understand the emergence of the ICE. It’s about boosting employment by putting pressure on “immigrants”, to lower the wages of all Americans and increase exploitation (work rates, working hours, etc.).

Redefinition of spheres of influence

Trump’s slogan  Make America Great Again Make america great again ”, MAGA) is, in fact, an admission of the current weakness of the United States. To put it another way, the ambitions of unchallenged global domination of the United States must not overshadow the specific interests of other dominant powers.

France is suffering a post-covid counter cost. In 2025, more than 68,000 companies filed for bankruptcy in France (the highest level in 35 years), mainly in construction, retail and catering. The rise in the cost of living (starting with the price of gasoline) will accentuate this trend. In addition, 457…000 French companies have been removed from commercial registers (an increase of 50% compared to 2024). This increase in bankruptcies also affects other European countries, such as Greece (+40%), Italy (+37%) and Germany (+11%). To limit this, French employers are demanding even more subsidies. But, as Macron reminds us, “…there is no magic money ». We must therefore find resources to finance the aid from which businesses benefit.

Lenin recalls that imperialism is marked by monopoly capitalism…: “…firstly, the monopoly was born from the concentration of production, which had reached a very high degree of development. […] Second, monopolies have led to increased control over major sources of raw materials. […] Third, the monopoly comes from the banks. Formerly modest intermediaries, they now hold a monopoly on financial capital. […] Fourth, monopoly arose from colonial policy. »Â

Capitalist monopoly is even more radical than in 1917. The richest 10% own 75% of world heritage. In addition, each space is subject to capitalism and the overexploitation of soil and living things.

Concerning banks and finance, at the end of 2025, the five largest companies linked to AI represented 30% of the US S&P 500 stock index and 30% of the global MSCI World index. This is the greatest stock market concentration in 50 years. The bursting of the AI ​​stock market bubble is imminent, with cascading consequences, as the 2008 subprime crisis showed.

Concerning colonial policy, the Belt and Road also extends across the African continent. Between 2006 and 2017, China invested 28.3% of external public financing in African infrastructure (compared to 6% for France). However, Chinese investments in Africa have been halved since 2020. Repayments of loans from Chinese banks can be partly made by exporting raw materials (Angola repays part of its loans in ore, Venezuela in oil), undermining revenues. companies linked to former colonial metropolises. In 20 years, France has gone from 15% to 7.5% market share on the African continent.

 

War as a continuity of politics

In January 2026, the ten BRICS+ countries launched a naval military exercise “ Will for Peace 2026 ” (“ Will for Peace 2026 ”) for nine days, led by the Chinese army off the coast of South Africa. The objective is to normalize military cooperation between these countries. These exercises are regular, but this year, Iran participated for the first time. However, this did not have direct consequences following the US intervention, China preferred to declare itself “neutral”, while Iran supplies 13% of the oil consumed in China (which represents 80% to 90% of Iranian oil exports).

Faced with the warlike resurgence of the United States, Europe cannot remain idle. The military understood this well. In France, the Chief of Staff of the Armed Forces, Fabien Mandron, reminded us on November 18, 2025 that we must “ accept losing your children [dans une guerre] ». Following suit, his counterpart in the United Kingdom, Richard Knighton, called on December 15 “ A new era for defense doesn’t just mean our military and government mobilizing […] but let our whole nation mobilize ». This line is summarized by Bundeswehr Chief of Staff Carsten Breuer on February 15, 2026: “ we need a new mindset. » Germany has decided on massive funding of 500 billion euros for its army in 2026, including nearly 50% for German arms companies. A nice way to revive the growth of the third world power (behind the United States and China), which had been declining since 2023 and which seems to be on the rise again. The Macron government is trying to follow the trend, with an investment of 36 billion euros by 2030 and an incentive to finance the military effort. French banks have thus increased their loans to the army by 26% over the period 2025-2026, to reach 46.6 billion euros. This represents around 2% of GDP. We are a long way from the 6.6% of GDP invested by Russia.

Especially since the new methods of warfare, tested in Ukraine, have shown the limits of tanks in favor of drone warfare (80% of first-line strikes) and the development of short-range anti-drone missiles (launched from a truck and therefore much more mobile), rather than missiles from cruise. For France and Germany, it is not only a question of investing, but also of transforming their armies to face all conflicts.

Should the world necessarily embark on a new war? This is the main question that will be debated at the next G7 summit. But it will be very difficult to find an agreement in the absence of China and Russia. It is a safe bet that the participants will try to find a space for political regulation against the American war-mongering. It can no longer be NATO, nor the UN Security Council, both refused by Trump, nor the latter’s Peace Council, refused by the other powers. We are therefore witnessing the disintegration of international law, that is to say the political bodies that imperialist countries had put in place after the Second World War to regulate open conflicts and limit their impacts on the periphery of the system. This is consistent with the end of the fifth long wave of capitalism…: “…the dominant classes are becoming radicalized to impose the social setbacks which are the counterpart of the drip of capital, and bourgeois democratic freedoms are shrinking like nothing. On the international level, the triumph of globalization gives way to geopolitical chaos ».

In this context, our leaders are focusing on military investment to the detriment of the needs of their populations, in particular public services (health, education) and safeguarding jobs. The French economic delay is considerable: delay in transport, notably in the production of electric cars, in electronic chips, and in the capacity to intensify exploitation (pensions, health, leave, including May 1) or to weigh on wages. It is no coincidence that the MEDEF meets the RN, which promises Trumpian wonders and wonders, to maintain their profits after the failure of ten years of macronie.

 

Together against the G7…!

This failure of Macron’s neo-liberal policy is to the credit of our social camp…: revolt of the Yellow Vests (whose start was a mobilization against the price of gasoline at 2… per liter), revolts in working-class neighborhoods, strikes and demonstrations against pension reforms, etc. This is precisely what we must continue at the G7 summit, from June 15 to 17 in Évian. The government is making no mistake…: the border with Switzerland risks being closed, the demonstration is currently banned and local councilors refuse to lend land for a popular, anti-war counter-summit.

This summit is an opportunity to reconnect with the alter-globalization movement of the 2000s. That is to say an internationalist movement, which reflected at all scales on who should make decisions, which built the foundations of a new world by coordinating on a scale never seen before.

We all have a good reason to hate the G7. We want another society, which is not controlled by economic dictates. We want to make a decent living from our work. We refuse to descend into war. We want to live in peace. We want a planet where ecology is respected and not violated to maintain profits. We want to put an end to the discrimination (against women, LGBTphobia, racism and Islamophobia) that is killing us. For each of these reasons, the NPA-A will participate in the G7 counter-summit, to demand a revolutionary society where everyone can live and emancipate themselves.