Invent the Future

Weightier than Mount Tai: the life and legacy of Ali Khamenei

This week, millions of Iranians are filling the streets of Tehran, Qom and Mashhad for the funeral of Seyyed Ali Khamenei, assassinated by the US and Israel on 28 February along with members of his family. Delegations from around a hundred countries have come to pay their respects; not one Western leader is among them.

In this video, Carlos Martinez asks who Ali Khamenei actually was, and why the most powerful country on earth considered him so dangerous: his lifelong defence of Iranian sovereignty after a century of foreign domination; his unmatched support for the Palestinian struggle; the social transformation of Iran under sanctions; his orientation towards the multipolar world; and the austere scholar behind the Western caricature – the man Nelson Mandela called “my leader”.

Transcript

This week, millions of people – the authorities actually expect more than ten million by the end of the week – are filling the streets of Tehran, Qom and Mashhad for the funeral of Seyyed Ali Khamenei, who was assassinated by the US and Israel on the 28th of February, together with several members of his family – including his 14-month-old granddaughter.

The funeral had to be delayed for four months, because the country was under bombardment. And now that the ceasefire is holding – for the moment – the Iranian people are finally able to bury their leader. Delegations from around a hundred countries have come to pay their respects. Not a single Western leader is among them.

So in this video I want to ask a simple question: who was Ali Khamenei, and why are millions of people mourning him? Why did Nelson Mandela call him “my leader”? And why did the most powerful country on earth consider this eighty-six-year-old cleric, poet and scholar so dangerous that it carried out an extrajudicial assassination of him and his family?

Donald Trump called Khamenei “one of the most evil people in history” – this from a war criminal and close personal friend of Jeffrey Epstein, so make of that what you will. The BBC and CNN will tell you he was a dictator, a fanatic, a tyrant. What they don’t do is explain why his coffin is now surrounded by one of the largest crowds of mourners in human history.

Khamenei’s legacy is deeply entwined with the history of Iran, and the project of defending Iran’s sovereignty.

For most of the last century and a half, Iran was not allowed to govern itself. In 1907, Britain and Tsarist Russia simply divided the country between them into “spheres of influence” – without consulting a single Iranian.

In 1953, when the elected prime minister, Mohammad Mossadegh, committed the unforgivable crime of nationalising Iran’s oil, the CIA and MI6 organised a coup, overthrew him, and installed the Shah as a dependable guardian of Western energy interests. For the next quarter of a century, Iran’s oil flowed west, and the Shah’s secret police tortured anyone who objected.

One of the people they tortured, incidentally, was a young cleric named Ali Khamenei, who was imprisoned six times under the Shah’s dictatorship.

The Revolution of 1979 ended Iran’s century of humiliation. And whatever else you want to say about the Islamic Republic, it has stuck firmly to its promise of asserting its sovereignty. The Revolution ensured that Iran would never again be anyone’s client state.

Khamenei embodied that principle for over forty years – as president from 1981, and as Supreme Leader from 1989.

In February this year, when the bombs started falling on Tehran and his advisers begged him to move to a secure location, he refused. He said that since millions of ordinary people in Tehran had nowhere to go, he was staying put. He was in his own home, not a bunker, observing Ramadan, and that’s where he was killed.

What did he stand for? I’d point to four things.

The USA and the CPC – a tale of two anniversaries

On 1 July the Communist Party of China turned 105; three days later, on 4 July, the United States turned 250. In this article, Carlos Martinez asks what these two political projects – born of two very different revolutions – have contributed to the world.

This article first appeared in the Morning Star.

This week features two anniversaries that, taken together, tell much of the story of our age. On 1 July, the Communist Party of China marked 105 years since its founding. On 4 July, the United States celebrates 250 years since the Declaration of Independence. The two milestones invite a comparison: what have these two political projects contributed to the world?

War and peace

The US was born in a revolution against empire and has spent much of its life building one. By one widely cited reckoning, the US has been at war for over 90 percent of its history – from the wars of continental conquest to Korea, Vietnam, Iraq, Afghanistan, Libya and Iran. It maintains around 800 military bases in 80 countries and spends over a trillion dollars a year on its armed forces.

What would Rajani Palme Dutt have made of contemporary China?

To mark the 130th anniversary of the birth of Rajani Palme Dutt – theoretician, organiser and, for half a century, one of the foremost Marxist minds in the British movement – Carlos Martinez asks what he would have made of contemporary China, testing his 1967 pamphlet Whither China? against the verdict of history.

This lecture was delivered on 27 June 2026 at the R. Palme Dutt Memorial Lecture 2026 at SOAS University of London, organised by the Students’ Federation of India UK and the Young Communist League.

The text was first published on Friends of Socialist China.

Comrades and friends. Thank you to the Students’ Federation of India UK and the Young Communist League for organising this event, and for asking me to speak.

We gather to mark the 130th anniversary of the birth of Rajani Palme Dutt – theoretician, organiser, anti-imperialist, and for half a century one of the foremost Marxist minds in the British movement. A man whose very name – the Bengali ‘Rajani’ and ‘Dutt’ alongside the Swedish ‘Palme’ – embodied the internationalism he preached and practised.

I want to use my time to ask a particular question. Palme Dutt died in 1974. He did not live to see China’s reform and opening up, the collapse of the Soviet Union, China’s rise to becoming the second-largest economy on earth, or the New Cold War now being waged against the People’s Republic. So: what would Rajani Palme Dutt have made of contemporary China?

It might seem a strange or pointless question to pose. The most substantial thing Palme Dutt wrote about China was his 1967 pamphlet Whither China? – which is, on its surface, a sharp polemic against the Chinese leadership, written at the height of the Sino-Soviet split, a year into the Cultural Revolution.

Palme Dutt was of course very much on the Soviet side in that split. Nonetheless, his pamphlet was not a simple repetition of the Soviet line, but a careful and serious analysis from a fundamentally comradely perspective.

So the question is posed not as a parlour game, but as a way of asking what a great Marxist of the past would make of the present; of testing his analysis against the reality of history; and of separating enduring principles from contingent positions.

A pamphlet of its moment

The Sino-Soviet split was, of course, one of the greatest setbacks our global movement has ever suffered, and reading Palme Dutt’s pamphlet, you feel the weight of it on every page. He is clearly shocked and deeply saddened by the bitterness of the situation.

And with the hindsight of six decades, we can recognise that both sides were at fault and went too far. As Deng Xiaoping put it to Gorbachev in 1989, when the two parties finally normalised relations again, “there was a lot of empty talk on both sides”. Deng’s verdict – “we no longer think that everything we said at that time was right” – could stand as an epitaph for the whole dispute.

So let me look at the substance of a few elements of Palme Dutt’s critique, and subject it to the test of history.

Why the Chinese working class won’t pay for Western neoliberalism

The following article by Carlos Martinez responds to German Chancellor Friedrich Merz’s call at the recent EU summit for a new “Plaza Accord” to force up the value of the Chinese renminbi.

Carlos recalls how the original 1985 Plaza Accord was not a neutral rebalancing of trade but the deliberate kneecapping of an economic competitor – Washington strong-arming Japan, West Germany, France and Britain into driving down the dollar, plunging Japan into a “lost decade” of stagnation while failing to dent a US trade deficit that originated in Washington’s own model of high consumption and low savings, not in the exchange rate.

Carlos argues that China today cannot be treated as Japan was. Where Japan was a subordinate Cold War ally hosting tens of thousands of US troops; China is a sovereign socialist state with an increasingly prosperous domestic market of 1.4 billion people, an independent financial policy and a central bank that answers to no one in the West – it simply cannot be “Plaza’d”.

The article also takes aim at the language of “overcapacity”, which Carlos describes as a euphemism for European and North American industry failing to compete after nearly half a century of financialisation, privatisation and deregulation. Chinese competitiveness in electric vehicles, batteries and solar panels flows from a complete industrial system and sustained investment in technology – not from currency manipulation – and the EU’s tariffs of up to 35 per cent on Chinese electric vehicles are, he writes, “an act of self-harm disguised as self-defence”.

This article first appeared in the Morning Star.

At the recent EU summit, German Chancellor Friedrich Merz declared the Chinese renminbi to be undervalued by as much as 30 per cent and floated the idea of a new Plaza Accord — a co-ordinated effort to force up the value of the currency, just as Washington did to Japan in 1985.

It is worth remembering how that story ended, because the history Merz is reaching for is not the cautionary tale he imagines it to be.

The Plaza Accord was not a neutral exercise in rebalancing trade. It was the deliberate kneecapping of an economic competitor. Meeting at New York’s Plaza Hotel in September 1985, the United States strong-armed Japan, West Germany, France and Britain into driving down the dollar.

Within two years, the dollar–yen rate had fallen by half. Japanese exports were hammered, capital fled into frenzied property and stock-market speculation, and when that bubble burst at the end of the decade, Japan was plunged into a “lost decade” of stagnation that stretched into a lost generation.

Tokyo’s tormentors, meanwhile, failed to reap much from this harvest: the US goods trade deficit with Japan stood at around $46 billion in 1985 and, instead of shrinking, climbed past $55bn in both 1986 and 1987. The currency had been clobbered, but the imbalance remained.

The reason is that the imbalance never originated in the exchange rate in the first place. It grew out of the US’s own domestic economic model of high consumption and low savings, and out of the dollar’s role as the world’s reserve currency, which compels the US to run deficits in order to supply the world with dollars. No amount of bullying Tokyo could fix a problem made in Washington.

Why could Japan be treated this way at all? Because it was never a sovereign equal but a subordinate ally — a Western outpost in East Asia, permitted to grow rich as part of the cold war project of containing communism, but never permitted to seriously challenge its benefactors. When push came to shove, hosting tens of thousands of American troops and sheltering under the US security umbrella, Tokyo had no choice but to fold. The Plaza Accord is now near-universally regarded, even by mainstream economists, as an act of economic sabotage dressed up as co-operation.

The world says no: Iran, the Global South and the end of the unipolar moment

The US-Israeli war on Iran has been defeated – and the world’s response to it, above all from China and the Global South, reveals how profoundly the global balance of forces has shifted. In the article below, Carlos Martinez argues that Iran’s victory provides important evidence that the unipolar moment is over.

The criminal US-Israeli war on Iran has wrought devastation on a horrendous scale. The campaign has included the assassination of Iran’s Supreme Leader and numerous other political leaders and scientists; the bombing of schools, hospitals, bridges and energy infrastructure; and, from April, a naval blockade of Iran’s ports. Aerial attacks have killed around 3,500 civilians, including 168 children at an elementary school in Minab, in one of the gravest single atrocities since the Vietnam War.

This is a war of aggression, pure and simple. There has been no Security Council authorisation, and UN human rights experts have denounced the assault as a violation of the most basic principles of the UN Charter. The pretext – that Iran was on the cusp of acquiring a nuclear weapon – is the same threadbare story Benjamin Netanyahu has been telling since 1992, and is roughly as credible as Tony Blair’s claim in 2003 that Iraq could deploy weapons of mass destruction within 45 minutes.

But something distinguishes this war from the Iraq war a generation ago. In 2003, Washington could assemble a “coalition of the willing”, browbeat the UN, and assume the world would fall into line. In 2026, the world is conspicuously refusing to do so. And the war has not merely been opposed – it has been defeated. As of late June it stands suspended under an interim memorandum of understanding whose terms read like a list of concessions wrung from Washington. The response to this war – above all from China and the Global South – tells us a great deal about how profoundly the global balance of forces has shifted.

Cuba’s economic reforms and the prospects for socialist renewal

This month Cuba approved the most far-reaching changes to its economic model in more than 60 years. In this article, Carlos Martinez argues that – far from the blockade finally breaking the Revolution – the reforms are best understood as a defence of socialism under siege, following the strategic logic China has pursued since 1978: the controlled use of markets and foreign investment to develop the productive forces while the Communist Party retains political power and public ownership of the commanding heights.

This article first appeared on Friends of Socialist China. A version of the article, translated into Portuguese, can be found on Brasil de Fato.

This month Cuba announced the most far-reaching changes to its economic model in more than 60 years. Approved by an Extraordinary Plenum of the Central Committee of the Communist Party of Cuba and passed unanimously by the National Assembly, the programme runs to 23 strategic axes and 176 concrete measures. Predictably, much of the Western press – along with a substantial section of the Western left – has rushed to interpret it as the moment the blockade finally broke the Revolution, as proof that Havana has at last been forced onto the capitalist road.

Such a reading misunderstands both the content of the measures and the history that has produced them. The reforms are best understood as Cuba’s attempt to do what several other besieged socialist states have had to do before it: to defend itself by developing its productive forces, on its own terms, but under conditions not of its choosing. As the Cuba specialist Isaac Saney puts it, the measures, “far from representing a retreat”, in fact constitute “a strategic effort to preserve and deepen the social gains of the Revolution in the face of relentless external pressure and unprecedented economic challenges”.

For those that have followed China’s development, the framework on display in Havana is immediately recognisable. Cuba is reaching, under enormous duress, for the strategic logic that has guided the Chinese Revolution since 1978: the controlled use of markets and foreign investment to develop the productive forces, while the Communist Party retains political power and public ownership of the commanding heights. It is also reaching for the support of its longstanding friends. China and Vietnam have been Cuba’s most consequential partners in weathering the present siege, and the deepening relationship between their parties forms an essential part of the backdrop to these reforms.

What the reforms actually do

Under the new package, Cuba will scrap the long-standing requirement that foreign investors partner with a state-owned company. It will authorise large private firms, permit private banks to operate, allow private real estate development, and open the door to domestic and foreign investors acquiring stakes in state enterprises, some of which are to be converted into joint-stock companies.

Cubans living abroad will be actively encouraged to invest, donate, import technology and build businesses at home. State-owned enterprises – which remain the principal pillar of the economy – will be granted far greater autonomy over investment, hiring, pricing and financial management, while municipal governments will gain expanded powers to pursue local development. Wage ceilings that have motivated significant numbers of skilled professionals to leave the country are to be lifted.

Imperialism vs multipolarity: how the war on Iran backfired on the US

The US-Israeli war on Iran was meant to halt the world’s drift towards multipolarity. Instead it accelerated it.

In this talk from the webinar “Imperialism vs Multipolarity: US and China’s clashing visions” (organised by Friends of Socialist China and the International Manifesto Group), Carlos Martinez argues that the war on Iran is the sharpest illustration we have of two clashing visions of world order – a declining empire that rules through sanctions, blockades and bombing, and an emerging multipolar order based on sovereignty, development and peace.

The presentation covers:

What the war was really about: Iran, Palestine, the Belt and Road, and the containment of China
Why Iran survived in 2026 what Mossadegh’s Iran could not in 1953
China’s role: buying Iranian oil in defiance of sanctions, the UN Security Council veto, economic and diplomatic support
How the outcome has strengthened Iran, weakened the US, isolated Israel, and accelerated the rise of the multipolar world

Watch the full webinar: Imperialism vs Multipolarity: US and China’s clashing visions.

Transcript

I’m going to make Iran – rather than China or the US directly – the main focus of my remarks, because the war there is the sharpest illustration we have of the two clashing visions we’re discussing today.

First I’ll talk about how the Iran war relates to the overall global struggle between imperialism and multipolarity.

Second, how the emerging multipolar reality has shaped the outcomes of that war.

And third, how those outcomes are, in turn, reshaping the trajectory of the multipolar project.

Interview: Can the working class win?

The video below is an interview of Carlos Martinez by Jason Smith, for CGTN’s The Bridge to China podcast. Recorded in the lead-up to the 105th anniversary of the founding of the Communist Party of China, the wide-ranging conversation covers the nature of China’s economic system, the achievements of Chinese socialism, the state of the left in the West, and the transition to a multipolar world.

Carlos argues that China is best understood on its own terms, as socialism with Chinese characteristics: a fundamentally socialist system with a significant market component, in which the state holds the commanding heights – banking, energy, telecommunications, rail and the top levels of industry – and directs investment through national planning. The presence of markets, billionaires or inequality does not make a country capitalist; what matters is which class holds power, and the ultimate measure is the living standards of ordinary working people.

On that measure, China stands apart: it is the country that has eliminated extreme poverty, effectively ended homelessness, and pursued common prosperity, a world-leading renewable energy build-out and the saving of lives during the Covid pandemic. If China is socialist and succeeding, Carlos contends, that vindicates the project of the global left – which is precisely why the West’s new cold war is aimed at preventing a socialist alternative from succeeding.

The interview surveys the scale of China’s transformation – some 800 million people lifted out of poverty, the “seven guarantees” that underpin poverty alleviation, life expectancy rising from around 35 at liberation to over 79 today, near-universal mortgage-free home ownership, and the most extensive public infrastructure in the world. Comparing China with India – liberated within two years of one another, from similar starting points – Carlos draws out what a revolution and Communist Party-led planning have made possible: sovereign development free of IMF discipline, coherent five-year plans, and the capacity for mass mobilisation, exemplified by the three million cadres deployed in the poverty alleviation campaign.

Turning to the West, Carlos describes the long retreat of the left under the neoliberal counter-revolution – de-industrialisation, the rise of the precariat, and a social peace bought with the super-profits of imperialism that are now drying up. He points to the crisis of confidence deepened by Gaza and to the Corbyn moment as signs that material reality is shifting, and to a growing openness to China – from “Chinamaxxing” and the RedNote migration to the surge in inbound tourism. The dogmatism that still leads much of the Western left to withhold recognition of China’s decidedly socialist achievements, he argues, plays into a US grand strategy whose core is the encirclement and containment of China.

The lesson for developed and developing countries alike, Carlos concludes, is that public ownership is not inefficient but the precondition for any serious industrial policy, that long-term planning beats short-term shareholder value, and that the West must come to terms with an inevitably multipolar world – starting, at a minimum, with adherence to the United Nations Charter.

A full transcript follows below. Individual answers will also be posted as separate clips on the Invent the Future YouTube channel.

Transcript

Jason Smith: Socialism, China, and the West. Hey everyone, I’m Jason Smith, originally from sunny California, now living in beautiful Beijing. Joining us today is Carlos Martinez, a British Marxist writer, researcher, and anti-imperialist activist. He is co-author of The East Is Still Red: Chinese Socialism in the 21st Century, and co-editor of Friends of Socialist China. Welcome back to The Bridge to China.

Carlos Martinez: Hey Jason, great to be with you. I think this is the third time.

Jason Smith: I think it is. I really wanted to have you on because the 105th anniversary of the founding of the Communist Party of China is coming up, and I wanted to get your thoughts on socialism, Marxism and Western perspectives of Chinese socialism. But before we get there — people may not have seen our previous interviews, or may not be familiar with your work. Can you tell us a little bit about your experience with China and how you got into studying it?

Pure socialism is pure idealism: a reply to Jacobin on China

Carlos Martinez responds to a recent Jacobin book review that frames China’s development as “brutal exploitation” indistinguishable from Britain’s industrial revolution. Originally published at Friends of Socialist China.

Jacobin has published a review by Daniel Cheng of Adrift in the South, the memoir of the Chinese worker-poet Xiao Hai, detailing the harsh conditions he faced as a migrant worker in the megacities of southern China.

The book itself sounds interesting and worthwhile, and there is no reason to doubt the harshness of the conditions Xiao Hai describes. But the frame the review wraps around his story – that China’s economic miracle was “made possible by the brutal exploitation of millions of workers”, and that China’s development and the dark satanic mills of Britain’s industrialisation can be comfortably placed together in a category of “the universal suffering of capitalism” – is ahistorical, idealist, and, in the present geopolitical conjuncture, actively unhelpful.

Exploitation has to be contextualised

The first thing to say is that China’s growth has not simply enriched a class of capitalists. It has transformed the lives of the great majority. Over the past half-century, China has lifted an estimated 800 million people out of extreme poverty – by the World Bank’s own reckoning, more than three-quarters of the entire reduction in global poverty over the same period. Chinese workers and farmers today live longer, eat better, are far better educated and enjoy a level of material security their grandparents could barely have imagined.

Why does China still love Mao so much?

The standard Western story about modern China is that Mao has been quietly buried by the Communist Party, that Deng Xiaoping repudiated his legacy, and that the China that emerged after 1978 is no longer really socialist. By implication, China’s success is the success of capitalism, not of the revolution.

So why do ordinary Chinese people still travel in their millions to Shaoshan – the village in Hunan where Mao was born, now one of the most-visited tourist sites in China – to pay their respects to the founder of the People’s Republic? Stand there among the crowds and the Western story falls apart on contact.

In this video, Carlos Martinez draws on a recent trip to Shaoshan, and on the hard development data from the Mao era, to answer that question: the Mao era and the reform era are not opposed phases of Chinese history. They are two stages of a single revolutionary project, and the Chinese people know it.

Between 1949 and 1976, life expectancy in China rose by 32 years – the fastest improvement ever recorded by any country in human history. Adult illiteracy fell from over 80 per cent to 33 per cent by 1978. Land was redistributed. Women were emancipated. A complete industrial base was built from near-zero. The treaty ports were abolished. The country was unified after a century of fragmentation. This is the China the post-Mao leadership inherited – not the impoverished backwater of Western myth.

Without Mao, no Deng. Without 1949, no 1978. As the late Egyptian Marxist Samir Amin put it, the take-off of the post-1978 period “would not have been possible without the economic, political and social foundations that had been built up in the preceding period.” It is also exactly how the Communist Party of China understands its own history, in Xi Jinping’s doctrine of “the two cannot negates.”

Sources and further reading:

Carlos Martinez, “No great wall: on the continuity of the Chinese Revolution”
https://invent-the-future.org/2021/05/no-great-wall/

Samir Amin, “China 2013”
https://monthlyreview.org/articles/china-2013/

Domenico Losurdo, “Has China Turned to Capitalism? Reflections on the Transition from Capitalism to Socialism”
https://redsails.org/losurdo-on-china/

Friends of Socialist China
https://socialistchina.org

Transcript

Hello and welcome. In April this year, I had the privilege of visiting Shaoshan, the small village in Hunan province where Mao Zedong was born in 1893. And Shaoshan is one of the most visited tourist sites in China. Ordinary Chinese people travel there in their millions every year. The Mao family home is preserved as it was. There’s a major statue erected in 1993 for the centenary of his birth. And across China, there are museums, study halls, and exhibition rooms commemorating the life of the man Chinese people overwhelmingly regard as the founder of modern China.

And I wanted to talk about Shaoshan because what you see there very much goes against the narrative that Western ruling class media and academia have been telling us about China for the last half century or so. The standard story runs like this. Mao’s been quietly buried by the Communist Party of China. Deng Xiaoping repudiated his legacy. The reform era China that emerged after 1978 is essentially a market economy with red branding, no longer connected to the revolutionary project that began in 1921, or to the founding of the People’s Republic in 1949. And the implication is that China’s success story is not a function of socialism. The achievements you can see across the country today are the achievements of capitalism. And Mao is some kind of embarrassing relic that the party can neither fully claim nor fully repudiate.