老百姓

laobaixing means “the people”. Laobaixing literally means “old 100 family-names” i.e. the denizens.

要求

yaoqiu means request require ask demand. bid in the sense “i bid thee”. It literally means “want seek”

政治

政
zheng means government (noun): it is 正 upright+armed hand on the right. i.e. the right use of force. Politische Gewalt.

治 zhi means to govern (verb)
government-to-govern is the literal translation of 政治

compare:
老 Lao means old. It is a highly stylized form of an old person using a cane. The cane is the horizontal slash. The old persons lousy legs are beneath. The cross is their head the horizontal line is their shoulders.

开 kai means to open.
放 fang means to release, to let go. It is a prisoner in stocks on the left, and a hand holding a hammer on the right.

Plaintext:
THE PEOPLE DEMAND POLITICAL LIBERALIZATION

CRIB: 老百姓要求政治开解放.