[Marxism] The Crisis of the Capitalist World

["Charles Brown" <charlesb@xxxxxxxxxxxxxxxxxxxxx>]

"But the emergence of 
finance capital to a position of hegemony all over the capitalist world, 

^^^
CB: Nice article , but finance capital had emerged as "hegemonic" as long ago 
as 1916. Maybe there was something of a cycle, but when since 1916 was finance 
capital not "hegemonic" ?

^^^

in the new garb of "globalized finance", which pushed for neo-liberal 
policies everywhere, put an end to Keynesianism, and the resumption of 
the process of "bubbles-led growth".  The Great Crash we are currently 
witnessing is the necessary outcome of this process.




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