The crisis of American capitalism is only one expression of a general crisis of the world capitalist system, a process which the WSWS has analyzed in detail. The eruption of the so-called Asian ...
The combined betrayals of Stalinism, social democracy and Pabloite opportunism created the conditions for the international bourgeoisie to survive the most intense period of the crisis provoked by ...
However, as Michael Roberts argues in a recent article on The Polycrisis of Capitalism (Theory and Struggle 2024), across the entire period, there are clear underlying factors, amounting to a ...
Silenced during the financial crisis, the full-throated roar of capitalism should have been deafening. And yet on many measures, 2017 was a bad year for capitalism, the system of free-market ...
Marx said that capitalism, driven by its three laws, would come to revolutionary crisis and suffer internal class revolt, paving the way for the transition to socialism. Lenin observed that ...
However, the analysts said the next downturn is unlikely to be as severe as the 2008 financial crisis. Mr Rajan believes that capitalism is breaking down because it is not providing equal ...