Abstract
This paper takes a long view of the birth and development of the Islamic Republic of Iran and situates it within the world capitalist system and its present global crisis. It argues that the interpenetration of both ‘conservative’ and ‘reformist’ political factions with the institutions of capital accumulation in Iran mean expectations of fundamental change from the reformers are bound to be disappointed. Dreams that US military intervention could lead to a more progressive environment are shown to be naive at best, and those with ties to the regime are able to absorb and offset the impact of sanctions. Despite widespread repression, a labour-movement tradition has survived in Iran and hopes for secularism, freedom and democracy must be focused on solidarity with these forces.
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