Capitalism’s Terminal Crisis II: Economic Causes, Ecological Consequences, Radical Responses
Submitted by Greeman_R on Sun, 2011-01-02 15:43
Panel Abstract:
What would be the consequences for socialists and workers’ movements if the Crash of 2008 signaled the terminal stage of capitalism’s 500-year rise and decline? What if we have simultaneously reached a point in history where -- unless a new human society emerges within decades -- capitalism’s metastasized cancer may devour the life of the planet? So far today’s economic/ecological crisis has mostly elicited among socialists critiques neo-liberal theory and speculation about how post-Fordist capitalism may again mutate and overcome crises. The classic Marxist thesis of capitalism's death-throes, dismissed as archaic, utopian or millenarian, is rarely discussed. The system may or may not reached its historical limits with globalization, financialization, debt-financed overproduction, military Keynesianism, commodified commons, destruction of nature and stagnating growth, but at least Leftists should re-examine this hypothesis and explore its consequences for socialist perspectives.
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Panel Abstract:
What would be the consequences for socialists and workers’ movements if the Crash of 2008 signaled the terminal stage of capitalism’s 500-year rise and decline? What if we have simultaneously reached a point in history where -- unless a new human society emerges within decades -- capitalism’s metastasized cancer may devour the life of the planet? So far today’s economic/ecological crisis has mostly elicited among socialists critiques neo-liberal theory and speculation about how post-Fordist capitalism may again mutate and overcome crises. The classic Marxist thesis of capitalism's death-throes, dismissed as archaic, utopian or millenarian, is rarely discussed. The system may or may not reached its historical limits with globalization, financialization, debt-financed overproduction, military Keynesianism, commodified commons, destruction of nature and stagnating growth, but at least Leftists should re-examine this hypothesis and explore its consequences for socialist perspectives.
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