Crisis

A structurally adjusted version of an article first written for Wildcat magazine in April 2011, in which Clinical Wasteman considers crisis management in the world’s most ‘financialised’ and therefore most state-permeated economy – the UK

All over the world, the capitalist states are taking austerity measures to slow the growth of their debts. It is obvious that this policy, since it slows consumption, can’t in itself sustain the growth required for capital accumulation. Where, then, can the necessary economic stimulus come from? For lack of alternatives, eyes are turning eastward. It seems, writes Sander, that history, the supreme ironist, has chosen ‘communist’ China as global capitalism’s saviour.

THREE TALKS BY LOREN GOLDNER London, Jan 19th, 21st and 22nd, 2008

New York-based Marxist Loren Goldner is gave a series of talks in London hosted by Mute magazine [http://metamute.org]