Stimulus

Platypus Affiliated Society member Chris Cutrone on RT’s Crosstalk, hosted by Peter Lavelle, on the global economic crisis. “The IMF has released a report that predicts the hoped-for global economic growth is again endangered. Why is this happening? Why has the Great Recession come back so early? Did it ever end? Has austerity made things worse? And is there a way to avoid the ‘fiscal cliff’ issue in Washington? [Read More]

MUCH IS TO BE GAINED by viewing the contemporary crisis as a surface eruption generated out of deep tectonic shifts in the spatio-temporal disposition of capitalist development. The tectonic plates are now accelerating their motion and the likelihood of more frequent and more violent crises of the sort that have been occurring since 1980 or so will almost certainly increase. The manner, form, spatiality and time of these surface disruptions are almost impossible to predict, but that they will occur with greater frequency and depth is almost certain. [Read More]