restructuring

The transitional phase of the crisis: the era of riots

In December 2010-January 2011 the Arab-African revolt burst, and it turns out that it is going to be the historical catalyst for entering the ‘era of riots’, the transitional stage of this crisis. The reproduction crisis of the proletariat, and thus of capitalism, is defined as an important structural element of this period.

The capital relation cannot overcome its reproduction crisis. This crisis, now, is not merely a financial one. It is increasingly taking the form of a generalised social crisis. Capital would have a chance to overcome the crisis, only if the destructive process produced by the crisis was to function in a full scale.