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The defeat of Donald Trump in the US presidential election is an important victory for the progressive and democratic forces in the US who worked tirelessly over the past four years to expose and build broad opposition to the racist, misogynist, reactionary and pro-fascist agenda of the Trump administration.

Trump’s defeat is a victory for all those opposing the drive to authoritarianism, reaction, war and fascism in the US, though the battle is far from over and the new administration continue to be the agents and stewards of the most powerful and violent imperialist power on earth.

President-elect Biden, like all US Presidents before him, represents the interests of Big Business, the transnational corporations and the military-industrial complex, and his job is to protect and expand US corporate profits and US imperialism. Wall Street supports Biden because he is predictable, accountable and dependable, and will work to restore stability at home and US imperialism’s influence, authority and trade globally.

Working people who expect more from the new government will be disappointed. For the working class, the unemployed, farmers, women and youth who have been the victims of Republican and Democratic Party policies over decades, there will be little relief and no fundamental change. For that, they will need a working class party that will fight for their interests and for working class power.

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