The end of the "Golden Age" of cqapitalism and the rise of neoliberalism (tags)
The rise of the neoliberal world economic system marked by the dominance of financial markets – whose financial superstructure collapses over us – resulted from the radical economic crises of the early 1970s that seized nearly all western industrial countries.
Boris Johnson and the Long Shadow of Stalinism (tags)
The capitalist bourgeoisie needs and defends democracy as a form of social freedom only as long as it is useful to its own class rule. Their understanding of democracy & freedom is structurally limited. The 26 community centers in Vancouver could revive freedom and democracy.
The End of the "Golden Age" of Capitalism and the Rise of Neoliberalism (tags)
"The central point is that the financial sphere has the potential of developing into an autonomous subsystem of the whole economy with an enormous capacity of self-expansion..Like cancer, it has no internal control mechanism. It can only be brought under control by external interventions"