Capitalism vs Democracy

Capitalism vs Democracy

Capital’s structural rot
Capital’s structural rot
As stock markets reach new highs in a speculative orgy, perhaps the signs are that a massive crash, outdoing 1929, is already underway. The stats for the jobs market, private and government borrowing and housing certainly show that America, the world’s largest economy, is entering recessionary territory. World socialism becomes ever more necessary, writes Ted Reese
·weeklyworker.co.uk·
Capital’s structural rot