Current crisis of overproduction: worse than the 1929 crash
Unprecedented crisisThe world capitalist system is in the midst of a deep recession, threatening to turn into an unprecedented slump, compared with which the 1929 depression, which lasted more than 10 years, would look almost mild. All around us is the spectacle of saturated markets, rising unemployment, plunging stock markets, collapsing giants of finance capital, … [Read more…]