Chairman Mao teaches us: It is up to us to organize the people. As for the reactionaries in China, it is up to us to organize the people to overthrow them. Revolutionary Rebel factions unite to wage the Proletarian Cultural Revolution to the end!
Mao zhuxi jiaodao women: renmin kao women qu zuzhi. Zhongguo de fandong fenzi, kao women zuzhi qi renmin qu ba ta dadao. Geming zaofanpai lianhe qilai, ba wuchan jieji wenhua dageming jinxing daodi!
Shanghai Publishing System Revolutionary Rebel Command (上海出版系统革命司令部); Shanghai People's Fine Arts Publishing House Revolutionary Rebel Committee (上海人民美术出版社革命造反委员会)
The small caricatures below represent Monsters and demons - 牛鬼蛇神, Diehards who adhere to the bourgeois reactionary line - 坚持资产阶级反动路线的顽固分子, and The clique in power within the party that advocates the capitalist road - 党内主资本主义道路的当权派 (if we have read the characters correctly). The text on the armbands: Rebel team - 造反隊 (simplified 造反队).