The dual explanation of the crisis, the fake social turnaround by governments, the need for radical responses 12 July by
L’Anticapiltaliste weekly .
Marxists often hesitated at the beginning of the present economic crisis: was it a classic, fundamentally capitalist crisis whose warning signs had already been in evidence or was it a specific crisis resulting from the pandemic?
Éric Toussaint: The answer is plain to see: the two explanations are not contradictory. A combination of the two enables us to understand what has been happening right before our eyes. Before the Covid pandemic, in 2019, a classic capitalist crisis had begun. There was a significant reduction in industrial production in Germany and in several industrial sectors of the USA; there was an economic slowdown in China in 2019, the beginning of a financial crisis in the United States in September 2019, a fall-off of productivity in the major economies, and profit
The dual explanation of the crisis, the fake social turnaround by governments, the need for radical responses
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Les charognards de la bourgeoisie (les leçons de la Commune, III) -- Bruno GUIGUE
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