Imperialism, neoliberalism's failure and the new cold war, with Radhika Desai
Geopolitical Economy Report
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Is There a Fundamental Crisis Going on in the So-Called West?
In general, across the so-called West, you see close to zero growth. We see countries like Britain are going to be in a recession with their economy shrinking in 2023 according to IMF projection. So clearly, there is a fundamental crisis going on in the Western economies even from their own metrics. And once you have arrived at the monopoly stage, essentially, there is no spur for capitalist to invest in.
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