The October Revolution: Promoting the Development of World Economy and Improving People's Livelihood: A Review of the Twelfth Forum of the World Association for Political Economy

Abstract

The October Revolution, as the first successful proletarian revolution, broke up the capitalist world system, established the first socialist state and opened up a new era in human history. It represents the beginning of the transition of human society from capitalism to socialism, and is therefore worthy of special commemoration. While Marx and Engels turned socialism from the utopian one into the scientific one, it was the October Revolution that turned socialism from theory into practice. Marxists need to firmly continue the march along the socialist road that it opened up, with perseverance in the difficult and tortuous path, and with continuous exploration in revolution and reform. We must experiment with various ways to transform the capitalist system, innovate and improve the socialist system, develop and achieve a prosperous socialist economy, and fight for the establishment of the communist community and stateless world for mankind.