financial crisis

A Decade Since the Financial Crash

The world economy is in poor shape and the American economy is in even worse condition. The 2008 crisis has not been resolved and many analysts fear a new financial explosion. Capital continues to stay clear of investment in production and is trying to recover without running up more debts. Company returns are low, profit rates are decreasing. Capital is moving more and more into speculation. It is the same old situation, except that the rescue costs of the previous crisis cannot be repeated in the next crisis. The sound of war can be heard in the distance, accompanied by the rising threat of a new, catastrophic barbarism.

Fight Capitalism - Not its Symptoms

A growing gulf between the ‘haves’ and ‘have-nots’ is in itself only a symptom of the disease. The real problem is that capitalism in crisis has nothing left to offer but increasing misery for the mass of the population. And 2019 will be no different.