Gegar expresses its unconditional solidarity and support to working-class pro-Palestine activist Mythreyar who has launched a hunger strike in front of the Malaysian parliament to oppose the privatization of Malaysian Airport Holdings under Blackrock. The proposed acquisition of MAHB by Blackrock will place Malaysia’s airports under its direct control.

In a scathing report by UN independent experts, Blackrock has been recognised as a major sponsor of the ongoing genocide in Gaza, funding zionist weapons manufacturers and defence contractors such as Lockheed Martin Corp., Boeing Co, Raytheon Co, General Dynamics Corp, and Northrop Grumman Corp. For decades, Blackrock has funded America’s overseas wars of aggression, which has claimed the lives of over 4.5 million civilians in Syria, Afghanistan, Pakistan, Iraq, and Yemen.

In an age of global Western domination and militarist wars, Lenin's analysis of imperialism as the highest stage of capitalism remains apt. Under capitalism, economic competition concentrates financial capital in the hands of a few global monopolies which enrich the Global North while stealing the resources and labour of the poor and oppressed in developing countries. Western financial institutions like Blackrock encroach upon the economic territories of oppressed nations in the Global South; exercising control of economic resources and decisions through predatory investments and unequal trade, impoverishing the working-class through debts and loans, and profiting from genocide, militarism, and imperialist wars across the globe.

The privatization of Malaysian economic assets under Blackrock not only implicates the Malaysian state in the ongoing genocide in Gaza: it allows imperialist entities like the U.S. to continue its neocolonial domination of our socioeconomic systems.

The rakyat have spoken: Reject U.S. imperialism, stop Blackrock!

GEGAR
11TH JULY 2024