Gruppe Internationalistischer KommunistInnen

Bitcoin and Cryptocurrencies: The Madness of a Highly Speculative Capitalism

Capitalism finds itself in a tricky situation. Since the end of the post-war boom in the 70s, despite the restructuring of production, and the attacks on the daily working conditions of millions upon millions of proletarians, it has become more difficult than ever to find profitable reinvestments for capital. This crisis of valorisation of capital is only one of the many symptoms of the more profound crisis of capitalism: the law of the tendency of the rate of profit to fall. This fall in the rate of profit is accompanied by attempts of the capitalists to postpone the crisis, to look elsewhere for short-term methods of making profit, or to save their own skins by any means necessary.

Homes to Those Who Live in Them!

The demand often raised in the renters’ protests that housing should not be a commodity is a correct and an important one. But it amounts to nothing as long as the relations of power and domination of this society are not called into question.