OVER-ACCUMULATION AS THE MAIN SOURCE OF CAPITALIST CRISES

OVER-ACCUMULATION AS THE MAIN SOURCE OF CAPITALIST CRISES

Blog Article

The purpose of this article is to present empirical data and a conceptual framework for the development of finance during the last three decades, to shed 12" Speaker some light upon the main groups of financial investors as the central actors in finance-led capitalism and to show how their strategies affect economic and social stability; finally to make some remarks on alternatives and paths to overcome capitalist crisis.The main point is the reduction of financial over-accumulation.This requires more than stopping the greed of managers, forbidding hedge funds or controlling financial activities more strictly.Essential in the long run is the break with the capitalist system and the creation of a Setting Blocks system of solidarity/democratic socialism.