The anti-capitalist left in the United States and around the world faces a paradox. A mere five years ago, the world capitalist economy entered a new long period of falling profits, stagnant accumulation, and growing long-term un (and under-) employment. The 2007-8 financial crisis threatened a wave of bankruptcies across the capitalist world that seemed to herald a collapse of major sectors of industry and finance. The dominant economic orthodoxy—neo-liberalism—with its worship of unregulated and self-correcting markets appeared to be in ruins.

-
<a href="http://www.internationalviewpoint.org/spip.php?rubrique197" rel="directory">IV450 - July 2012</a>

/
<a href="http://www.internationalviewpoint.org/spip.php?mot2" rel="tag">USA</a>