Why capitalism cannot escape this crisis
15 years after the collapse of Lehman Brothers, the economy is once again taking a turn for the worse. The past decade and a half has seen capitalism go from one crisis to the next. There is no stability to be had.
Whether it’s environmental crises, economic crises or political crisis. The world has lunged from one extraordinary event to another.
The bourgeois economists have started calling it “permacrisis” or “polycrisis”, but this really is nothing more than a description of the symptoms. It tells us nothing about the cause.
Every measure they take to attempt to solve one crisis only creates another. They seem to be able to do nothing right.
Niklas Albin Svensson will explain why the capitalist system has found itself in a dead end and why there is no way out without a communist revolution.
Recommended reading: The Organic Crisis of Capitalism