A Report on Recent Struggles in Greece

Date Written:  2010-06-19
Publisher:  Insurgent Notes
Year Published:  2010
Resource Type:  Article
Cx Number:  CX11952

In periods of crisis, such as the current period of overaccumulation crisis, capitalists use the politics of 'public debt' in order to devise new ways to intensify exploitation. In contrast with capitalist upturns when the private debt is increased, downturns are characterized by the increase of the 'public debt.'

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