The International Theoretical Conference on Economic Crises of Imperialism organized by the National Democratic Front of the Philippines (NDFP) was held from 28 to 29 March 2024 in Amsterdam, the Netherlands. The conference gathered 98 delegates and representatives from different proletarian-socialist, anti-imperialist, and democratic parties from 18 countries across the world.

The theoretical conference discussed the current character and patterns of economic crises generated by imperialism and intensifying inter-imperialist rivalry. Conference delegates explored the three main topics of 1) capitalist overproduction; 2) financial oligarchies and trade wars; and 3) the planetary crisis caused by imperialist greed and superprofit.

The keynote speech “Imperialist economic crises show moribund system is ripe for socialist revolution” presented by the Communist Party of the Philippines (CPP) clarified the distinct stages of imperialist crisis leading to the current period of prolonged economic stagnation and its impacts on the people. Drawing from the writings of Marx, Engels, Lenin, and Mao, the Communist Party of India (Maoist) explained how current economic conditions are ripe for the resurgence of proletarian revolutionary struggle.

The proceedings centered on 17 papers and speeches presented by representatives of communist parties, national liberation movements, and political formations from Australia, Belgium, Canada, India, Italy, Kurdistan, the Philippines, Turkey, and the United States as well as anti-imperialist organizations representing women, migrants, agricultural workers, urban poor, and scientists.

The two-day conference culminated with the celebration of the 55th founding anniversary of the New People’s Army. The event celebrated the victories of the NPA to continuously thwart the enemy’s war of annihilation and extolled the heroism of Red fighters and commanders in the face of intensifying attacks.