World Capitalism in Crisis – Part Two

By Alan Woods   | [print_link] Monday, 29 September 2008 Bankruptcy of bourgeois economics The economists persistently clung to the old illusion that a worldwide slump was impossible, that they had learned the lessons of the past (as a drunken man learns his lesson after every hangover). They argued that the financial crisis would be confined [...]

World capitalism in crisis – Part One

Friedrich Engels, Marx’s friend and loyal collaborator actually drew Marx’s attention toward economic questions.   By Alan Woods   | [print_link] Friday, 26 September 2008 Global crisis We live in exceptional times. The financial panic in the USA is creating waves that are threatening to engulf the whole world. This is rapidly transforming the consciousness of [...]

A chat with Bernie Sanders on the Bailout

Sanders, Junior Senator for Vermont (I); de facto socialist September 30, 2008 | [print_link] Interview With Senator Bernie Sanders on The Bailout By Rob Kall | Chief Editor, OpedNews Thanks for the invaluable volunteer help of Jay  Farrington in transcribing the interview. Kall: So, I’m so glad you could be with us speaking to the Philadelphia area. You’re [...]

Bailouts with cojones

Democratic leadership: selling us down the river, as usual.  Doing something “right away” is actually far less risky than doing “the right thing.” Oppose the manipulation of fear by the establishment’s professional scaremongers. (I) Bailout Defeat Offers Opportunity by Meteor Blades Dateline: Mon Sep 29, 2008 | [print_link] Whether you supported the bailout gladly, supported it [...]

How To Fix The Mortgage Mess 101

It’s doubtful this highly insulated criminal comprehends or cares about what his regime unleashed on the nation and the rest of the world. After all, he was just playing to “his base.” By Peter Dreier | Simulpost with The Huffington Post Dateline: 30 September 2008 | [print_link] Here’s the problem with the nation’s troubled financial [...]

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