Beware the Grand Old Dukes Of York – a comment on the People’s Assembly against Austerity
Background We are in the midst of the deepest crisis of capitalism since the late 1920s. Like all capitalist crises, this is a crisis of overproduction, notwithstanding the fact that it had made itself most forcefully felt in the financial sphere. This is to be expected since the feverish speculation in stock markets, bonds, derivatives, … [Read more…]