Surviving Capitalism (Not) : More evidence that capitalism never solves its crises

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Tuesday, January 28, 2014

More evidence that capitalism never solves its crises

Click here to access article by Jerome Roos from Reflections on a Revolution.

...how is it that we keep being told by world leaders that “this crisis is over”, and that, every time we are fed that same nonsensical story, some other crisis comes along in another part of the globe, making a mockery out of the official narrative and a fool out of its propagandists in the mainstream media and academia?

The author draws on the insights of David Harvey to understand the current burst of the bubble in the emerging markets as another illustration of how capitalists' mad pursuit of quick profits always results in economic chaos for workers.