Re: [Marxism] Reality catches up with the catastrophists

[Carrol Cox <cbcox@xxxxxxxxx>]

Louis Proyect wrote:
> 
> http://www.marxist.com/crisis-world-capitalism-gathering-speed.htm
> The crisis of world capitalism is gathering speed

Correction: The crisis of the world economy is gathering speed.
Capitalism as such never "collapses," though the economy does
periodically. Capitalism will "collapse" (other than into barbarism)
only in the face of a mass socialist movement. Economic collapse in the
absence of such a movement will result in rhe rise of right-wing police
states.

Carrol


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