[Marxism] Analysts: US capitalism on verge of collapse
sartesian at earthlink.net
Tue Nov 17 09:53:24 MST 2009
Sounds like fodder for right wing neo-fascist "redemptionist" economics,
which like the Redemptionist governments in the South after the Civil War,
is only a cover for brutal exploitation and terrorization of the poor, the
All that's missing from this focus on Wall Street is the addition of the
phrase "Jewish bankers of..."
----- Original Message -----
From: "Eli Stephens" <elishastephens at hotmail.com>
The declining state of the US economy has convinced a growing number of
American analysts that the US capitalist financial system is doomed to
Citing the works of other leading economists such as Jack Bogle and Marc
Faber, Market Watch commentator Paul B. Farrell gives 20 reasons, in a
recent article, why the "American capitalism has lost its soul" and will.
Farrell points to Faber's Doom, Boom and Gloom Report and asserts that the
economist is warning of the fall of "the entire system of capitalism."
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