It is 95 years since the Great October Socialist Revolution. It has been and remains the main event in recent world history. Read the joint statement supported by the CP on the anniversary of the October revolution.

The global significance of the October Revolution lies in the fact that it ushered in an era of socialism delivering real and indisputable results for the working people who took state power in their hands in the form of the Soviets of Workers’ and Peasants’ Deputies. The dictatorship of capital was replaced with genuine rule of the people on the basis of social ownership of the main means of production.
The Great October revolutionized the international workers’ movement. Many Communist Parties were created under its direct influence. The gains made by the Soviet people forced the capitalist world to make social concessions to the workers outside the USSR because for many decades the land of the October Revolution was setting the highest world standards in the development of the economy and the social sphere, science and education.
The Soviet Union was the main force that crushed Fascism during the Second World War. The heroism of the Soviet people inspired hundreds of thousands of Resistance fighters, with communists in their front ranks. The ideas of the October Revolution shaped the world socialist system. The national liberation movement of the peoples oppressed by imperialism and the collapse of the colonial system would have been impossible without the October Revolution.
In spite of the temporary retreat of Socialism, we are still loyal to the ideals of social justice and internationalism and are confident of the future victories of the “comradely mode of production.” The Great October Socialist Revolution remains for all the Communists on the planet an unforgettable lesson of the class struggle of the working people for their basic interests. It sets an immortal example for the world proletariat.
It will continue to be our reliable beacon in the future.
 
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