Fight back against capital hegemony

This is the statement for “Occupy Central”,the global solidarity action held on 15th October 2011Thousands of grassroot people are occupying Wall Street, the centre of global capitalism. By camping out, protests, assemblies and protests, they show disgust at the 1% rich who dominates of the rest of 99%.

On the other hand, Hong Kong plays an important role in the global financial market. It became the largest listing market by fund-raising size in the world last year, with about $445 billion raised. The financial system of Hong Kong is simply where the residual capital of global investments goes. By coercing the public to invest through the MPF system and zero deposit interest rate regarless of high inflation, ordinary workers risk losing their earnings at any time. Since most of their income is transferred to the pockets of capitalists, they suffer from oppression in the playground of capitalists and opportunists.
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Occupy Central on 15th October 2011

The “OccupyWall Street” movement initiated by the American youth, and later joined by manytrade unionists and people from all walks of live, has gained increasingsocial concern and global support. On 15th October 2011, themovement is going to spread to hundreds of cities all over the world.

As an Asian financial center, Hong Kong is a key hubfor the accumulation of financial capital. Also, it serves as base for manytransnational financial institutes to carry out exploitation in the Asiancountries. The layoff of 3000 workers by the profitable HSBC is but oneexample.

The initiators of the “Occupy Wall Street” movement declare that it is a war betweenthe richest 1% and the other 99% of the people. To show our support and defendthe 99%, Left 21 hereby calls on everyone who belongs to the 99% to join the “OccupyCentral” action on 15th December. We understand that the “Occupy”movement in Hong Kong may not be on the same scale as that in the U.S., yet itserves as an important platform for social activists to explore the possibilitiesof further “Occupy” actions and anti-capitalism campaign in future.

Detailsof the “Occupy Central” Action

Date:15th October 2011
Time:2-5pm
Venue:Exchange Square.Central
Activities:a forum on why “Occupy” movement and why anti-capitalism?

Contact:
left21 (Napo, 66812269)

‘Occupy Central’ rally may hit Rat Race

South China Morning Post
CITY3 | CITY | By Simpson Cheung 2011-10-13

‘Occupy Central’ rally may hit Rat Race

This weekend’s Occupy Central campaign, which echoes anti-Wall-Street demonstrations in the United States and elsewhere, may be heading for a clash with bankers and financiers running in Sunday’s annual Central Rat Race charity event.

The anti-capitalist protest is set for Saturday, from 2pm to 5pm, at a podium in Exchange Square.

But some participants are vowing to continue their demonstration until Monday’s opening of the stock exchange.

Napo Wong Weng-chi, a member of protest organiser Left21, said Saturday afternoon’s protest would be a forum for discussing how people were affected by the unequal distribution of wealth and high property prices – and whether to prolong the protest until Monday.

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Our declaration

In early 2010, during the anti-high speed railway movement in Hong Kong, we noticed that there was increasing youth participation in political and social activism, and that youths in Hong Kong were becoming more radical against the backdrop of the global financial crisis. As such, a group of leftists came up with the idea of exploring the crisis through a left-wing lens, thereby providing a theoretical basis as well as a new direction for social activism in Hong Kong.

On January 21st, 2010, we held our first meeting, where we decided to further unite and consolidate left-wing forces by establishing a platform that would primarily use class analysis as its fundamental approach to the political economy. On this basis, ‘Left 21’ was founded on the 23rd of February.

After four months of planning, more than forty ‘Left 21’ members and supporters adopted the following as our aims and our work:

Our goals:

Short-term: To promote left-wing thought, get involved in different social movements, act as an advocate for labour-related economic and political movements

Mid-term: To support the establishment of a democratic political party representing the working class in Hong Kong

Long-term: To unite global anti-capitalist left-wing forces and fight for a truly democratic socialism

Our current work:

Organization: To recruit new members via directly engaging with labour activists, and using dynamic strategies to mobilize youth participation

Education: To establish an anti-capitalist discourse that reaches the general public and fosters labour-based economic and political struggles

Aid: To promote progressive thought and provide support for labour-related struggles, especially workers’ struggles in mainland China

Alliance: To build alliances with labour movements, environmental movements, feminist movements, student movements and leftist movements in Greater China, as well as engage with international democratic left-wing groups

Internal consolidation: To adhere to the principles of mass participation and democratic decision-making, and by building consensus through study and discussion, to serve as the backbone of the left-wing movement with responsibility, ideals, as well as organizational and analytical abilities.