The Economic Crisis in Fact and Fiction
Paul Mattick Jr. with John Clegg and Aaron Benanav
Mattick, Paul Jr.; Clegg, John; Benanav, Aaron
Publisher: The Brooklyn Rail
Year Published: 2011
Resource Type: Article
Cx Number: CX12646
An interview with Paul Mattick Jr., the author of Business as Usual: The Economic Crisis and the Future of Capitalism.
I walk down the street, and I think, it’s just insane—don’t people know what’s happening? In 75 years this whole area is going to be under water, and they’re worrying about what kind of jeans they want to buy! It’s hard to imagine that what you experience right now is not going to be there in twenty years.
During the First World War, it took until 1916 before the big demonstrations began in the cities of Germany. And it took another two years before people finally said, we’re not going to fight anymore. And that was rather mild—the First World War was nothing compared to the Second, and that was nothing compared to what’s coming now. Nearly 60 million died in the Second World War. Now we’re talking about hundreds of millions starving to death and drowning. So that’s why I’m not chipper about it. Socialism or barbarism, as Luxembourg said. Those are our two alternatives.