Capital in Crisis: 2008 to 2020 and Beyond
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May 4, 2019 @ 11:00 am - 1:30 pm
An event every week that begins at 11:00 am on Saturday, repeating until May 4, 2019
This is 4-session mini course, April 13-May 4.
A review of the 2008 capitalist crisis with a reading and discussion of David McNally’s Global Slump and other works.
In 2008, as the tectonic plates of the global economy shifted, financial shocks rocked the world’s banks, leveling many of them. Panic gripped money markets, stocks plunged, factories shut down. Tens of millions of people were thrown out of work; millions lost their homes. An extraordinary uncertainty shook the world’s ruling class. The mood of the moment was captured in the confession by senior writers with the Financial Times that, “The world of the past three decades is gone.” Within a year or so, however, candid statements like this disappeared from the mainstream press. The ruling class regrouped and regained its arrogance…. We are now living slightly more than a decade past the bourgeoisie having regrouped. The near end of the capitalist order as was felt in 2008 recedes in memory, capital having gone on a range political offensives, imposing deeper austerity cuts and ideologically taking aim at hard fought for democratic and civil rights. It remains important to understand what did take place in the years leading up to 2008, that crisis, and also understanding what took place in that regroupment of capital so that we of the working classes have more capacity during the current and upcoming contours of our class struggles.
Reserve your tickets HERE. Listed fees are sliding scale. No one is turned away for inability to pay.