As we write these lines hundreds of thousands of protesters are already on the move in Egypt with one clear goal in their minds: to remove Morsi from office. The Tamarod movement which organised the huge rallies on Sunday June 30 has called for the Ittihadiya and Qubba presidential palaces and the regional governorates to be surrounded by the people by 5 pm and announced that they will issue a statement from the Qubba palace at 7.30 pm. This is the language of insurrection.

Yet again the people of Egypt have risen against dictatorship, poverty and corruption. Yesterday, June 30, millions of people flooded the streets in all sizeable towns and cities stretching from the rural areas of Upper Egypt through the industrial heartland of the Nile Delta and all the way to the areas in the north. Mohammed Morsi and the Muslim Brotherhood, once praised by the West as saviours of Egyptian capitalism, have been completely disarmed by the revolution. His destiny is now in the hands of the movement which has every opportunity to sweep him aside.

In the second part of this article we take a look at the contradictions of Egyptian capitalism, which are hindering it from solving the most basic tasks that it is posed with. Only a socialist revolution can solve the tasks of the revolution. But how do we connect the struggle for socialism with the day to day struggles of the masses?

More than two years have passed since the first steps of the Egyptian revolution. At first the movement was in a state of euphoria going from victory to victory sweeping away every obstacle on its path. The mood was intense and to a degree even festive. Millions of people, oppressed for decades, flocked to Tahrir Square imbued with the sense of their own power. They felt that all problems could be overcome with the same ease as they swept aside Mubarak. They felt unstoppable, and they were right to feel so. But experience is teaching them things are not so easy.

We received this report from Cairo, written last week just after the big November 27^th demonstration. While it was being written, several thousands of demonstrators were still in Tahrir Square after the big demonstration of 27^th. Hundreds of thousands had gathered in this square, the symbol of the Egyptian Revolution, shouting “Revolution”, “Oust the murshid government” (murshidis the supreme leader of the Muslim Brotherhood).

Anger was simmering on Tahrir Square yesterday as hundreds of thousands poured in to the square to protest against Egypt's President Mohammed Morsi and his ruling Muslim Brotherhood (MB). Across the square large banners were inscribed with slogans such as “The Muslim Brotherhood has stolen the revolution” and “The Muslim Brotherhood are liars”. Throughout the day a seemingly never-ending stream of marches reached the square from all over the ancient city. In size and radicalism yesterday’s protest was equalled only by those that overthrew the hated dictator Hosni Mubarak in January 2011.

Two funeral processions turned into mass protests on the streets of Egypt today. Over the last 5 days thousands of people have taken to the streets in order to protest against a decree announced by the Egyptian president, Mohammed Morsi, allowing him to rule more or less autocratically. The events have publicly displayed the true nature of the Muslim Brotherhood who once claimed to be representatives of democracy in Egypt. At the same time these events show that none of the contradictions which led to the revolution have been solved and that under the surface a new wave of revolution is being prepared.

The Muslim Brotherhood's candidate Mohammed Mursi has won Egypt's presidential election with 51.73% of the vote. Ahmed Shafiq, the candidate of the military, got 48.27%, according to the election commission. However these figures should be treated with caution.

The Egyptian revolution has taken a new turn in the last few days. The ruling Military Council (SCAF) has launched a number of very serious attacks on the revolution. The military police can now arrest civilians at will and parliament has been dissolved. The generals have also announced additions to the Constitutional Declaration of March 2011 which give them virtually unlimited powers. What was supposed to have been the first democratic presidential elections in the history of the country has ended in a farce and a power struggle between two rival factions of the Egyptian bourgeoisie: The Muslim Brotherhood and the Armed Forces.

Writing from Cairo on Wednesday 06 June Robert Fisk, an honest and perceptive journalist published an article entitled: Revolutions don't always pan out quite as we wanted. As far as Egypt is concerned, the title is an understatement. He further asks: Is Hosni Mubarak's ghost going to be reinstalled, substituting a security state in place of democracy?

Comrades, thousands upon thousands of youth, workers, and genuine revolutionaries, not only in Egypt, but throughout the Arab world, have had their eyes on and pinned their hopes on the Revolutionary Socialists. We ask that you to renounce your position of supporting Morsi and take to the streets, factories, universities, and neighbourhoods in order to explain to workers and youths the counter-revolutionary nature of both Shafiq and Morsi, that you expose the rotten and reactionary nature of Egyptian capitalism. [in Arabic]

One of the main features of a revolutionary situation is the suddenness with which the mood of the masses can change. The workers learn quickly on the basis of events. And the events of the last 24 hours show that the workers and youth of Egypt are learning fast.

The second round in Egypt's fraudulent presidential elections will be taking place on June 16 and 17. In the election, Ahmad Shafiq, one of Mubarak's old ministers, will face Mohammed Morsi of the Muslim Brotherhood. The Marxists can offer no support to either of these candidates, both of whom represent the forces of counter-revolution. However, the Revolutionary Socialists in Egypt have decided to do just that, and it is a grave mistake.

February 11 marks the one year anniversary of the fall of Mubarak. Summer, autumn, and winter have passed since the beginning of the “Arab spring”, and the Egyptian masses are still taking to the streets. Despite all that has happened over the past 12 months, nothing has fundamentally changed for the majority of ordinary Egyptians. There have been a series of victories and defeats for the workers and youth of Egypt, but now, with the anniversary of the Revolution, the movement is entering a new phase.

On Friday more than a million Egyptian youth, workers and poor yet again assembled in Tahrir Square. The masses have once again risen in an attempt to remove the remnants of the Mubarak regime, which are still in power. Not far from Tahrir, in Abbassiya Square, not more than a couple of thousand people gathered in a pathetic demonstration in support of the SCAF. To the sceptics who did not believe in the revolution, this should be a clear demonstration of the real balance of forces. But at the same time the revolution clearly faces obstacles, not from external forces, but in its own internal contradictions.