The Biggest 'October Surprise' Of All: A World Capitalist Crash
Date Written: 2008-10-01
Year Published: 2008
Resource Type: Article
Cx Number: CX9378
Today we see the Western bourgeoisie, disarmed by its own neo-liberal ideology, falling back in a flash on Keynesianism, injecting hundreds of billions of dollars into the banking system to stave off collapse, and dusting off forgotten laws and powers from 70 years ago to push through their emergency measures.