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[BEST OF] Capitalist Chaos and Crimes: The Great Recession of 2008

Rev Left Radio

CHAPTER

The Crisis of Capitalism

There's always this kind of back and forth kind of contradictory dynamic within uh the logic of accumulation that marx articulated. Another way of dealing with this is just to increase exploitation more but that will also generate a crisis in the long run because workers aren't able to produce the thing or buy the things that they produce. In leonin's seminal text imperialism the highest stage of capitalism which we did an episode on in our on our sister podcast red menace if anybody's interested he talks about how monopoly capitalism gave rise to what we know as imperialism. The state is a super structural function of the base the capitalist mode of production, Leninism says. We see how the state reacts in the face

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