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Month: June 2010

‏‏‎ ‎ June 19, 2010
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A New Stage in the Crisis of Capitalism – Part Five

The loss of belief in the existing society, its institutions, laws and morality, is a prior condition for revolution. But such a change does not happen all at once. Gradually, to the degree that the given socio-economic system begins to fail, the feeling grows that “something is not right” with society, that some kind of […]

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‏‏‎ ‎ June 19, 2010
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A New Stage in the Crisis of Capitalism – Part Four

Europe faces a protracted period of austerity, with major contractions in output, consumption and employment. The crisis has started with the smaller, more vulnerable economies like Greece, Portugal and Ireland. But the others will follow, starting with Britain. 

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‏‏‎ ‎ June 19, 2010
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A New Stage in the Crisis of Capitalism – Part Three

Europe faces a protracted period of austerity, with major contractions in output, consumption and employment. The crisis has started with the smaller, more vulnerable economies like Greece, Portugal and Ireland. But the others will follow, starting with Britain. 

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