The World Economy
What Stage of the Crisis are We Going Through?

Socialism 2015

July 02, 2015
With Joel Geier

The failure of traditional capitalist policies to restore normal growth has been replaced by long term economic stagnation, intensified currency and trade conflicts, and the threat of a new, greater crisis. The dramatic economic decline of the U.S. is transforming world imperialist relations. Volatile, unstable economic, and imperialist dynamics require political analysis for revolutionary perspectives to guide our actions.

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