<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
		xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd"
	xmlns:media="http://search.yahoo.com/mrss/"
>

<channel>
	<title>World Socialist Party (US) &#187; Crisis</title>
	<atom:link href="http://wspus.org/category/crisis/feed/" rel="self" type="application/rss+xml" />
	<link>http://wspus.org</link>
	<description></description>
	<lastBuildDate>Sat, 21 Apr 2012 02:20:32 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=</generator>
	<copyright>Copyright &#xA9; World Socialist Party (US) 2010 </copyright>
	<managingEditor>joinwspus@wspus.org (World Socialist Party (US))</managingEditor>
	<webMaster>joinwspus@wspus.org (World Socialist Party (US))</webMaster>
	<ttl>1440</ttl>
	<image>
		<url>http://farm5.static.flickr.com/4016/4261195043_233c9929ca_o.jpg</url>
		<title>World Socialist Party (US)</title>
		<link>http://wspus.org</link>
		<width>144</width>
		<height>144</height>
	</image>
	<itunes:subtitle></itunes:subtitle>
	<itunes:summary></itunes:summary>
	<itunes:keywords></itunes:keywords>
	<itunes:category text="Society &#38; Culture" />
	<itunes:author>World Socialist Party (US)</itunes:author>
	<itunes:owner>
		<itunes:name>World Socialist Party (US)</itunes:name>
		<itunes:email>joinwspus@wspus.org</itunes:email>
	</itunes:owner>
	<itunes:block>no</itunes:block>
	<itunes:explicit>no</itunes:explicit>
	<itunes:image href="http://farm5.static.flickr.com/4016/4261195043_233c9929ca_o.jpg" />
		<item>
		<title>Crisis Over? Not For The Unions!</title>
		<link>http://wspus.org/2012/04/crisis-over-not-for-the-unions/</link>
		<comments>http://wspus.org/2012/04/crisis-over-not-for-the-unions/#comments</comments>
		<pubDate>Thu, 12 Apr 2012 06:31:50 +0000</pubDate>
		<dc:creator>SPGB</dc:creator>
				<category><![CDATA[Crisis]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://wspus.org/?p=2555</guid>
		<description><![CDATA[When European Central Bank president Mario Draghi recently told German tabloid Bild &#8221;The worst is over,&#8221; he was talking about government budgets and European banks’ balance sheets. It is a completely different story for workers through-out Europe who are finding their trade union rights undermined, their wages squeezed, their retirement age raised and their pensions cut while the employers are granted more and increasing power. 27 European Union members are implementing austerity measures to the tune of about 450 billion euros. Such austerity measures have been portrayed as a necessary part of bringing national debts under control and making European businesses competitive, but they go beyond what is needed to overcome the debt crisis, the unions say. It’s a reversal from the late 1940s when European nations emerging from six years of war laid the foundations of the continent’s social model of the Welfare State by introducing mechanisms to ensure poorer members of society weren’t left behind as they rebuilt their economies. France brought in state pensions in 1946, the U.K. set up its free-to-use National Health Service in 1948 and West Germany guaranteed unions a third of the seats on company boards in 1952. ECB&#8217;s Mario Draghi in a Feb. 23 interview with [...]


No related posts.]]></description>
		<wfw:commentRss>http://wspus.org/2012/04/crisis-over-not-for-the-unions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>On the Crisis: Paul Mattick</title>
		<link>http://wspus.org/2012/02/on-the-crisis-paul-mattick/</link>
		<comments>http://wspus.org/2012/02/on-the-crisis-paul-mattick/#comments</comments>
		<pubDate>Fri, 24 Feb 2012 03:04:27 +0000</pubDate>
		<dc:creator>SPGB</dc:creator>
				<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Crisis]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Theory]]></category>

		<guid isPermaLink="false">http://wspus.org/?p=2391</guid>
		<description><![CDATA["This is not to say that Marx's ideas can't be measured against experience. His predictions need to be compared with the history of capitalism over the last 200 years. From this perspective, Marx's ideas come off very well, as the main tendencies he predicted for capitalism – towards the supplanting of human labour by machinery, the concentration and centralisation of capital, the spread of wage labour, the tendency towards widescale unemployment, and above all the recurrence of periods of depression – have been realised. In fact, I would say that Marx's theory of the tendency of the rate of profit to fall over the long term is the only convincing account of the business cycle that there is."


No related posts.]]></description>
		<wfw:commentRss>http://wspus.org/2012/02/on-the-crisis-paul-mattick/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Crisis: the stories so far</title>
		<link>http://wspus.org/2011/06/crisis-the-stories-so-far/</link>
		<comments>http://wspus.org/2011/06/crisis-the-stories-so-far/#comments</comments>
		<pubDate>Sat, 04 Jun 2011 05:14:45 +0000</pubDate>
		<dc:creator>SPGB</dc:creator>
				<category><![CDATA[Books]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Crisis]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://wspus.org/?p=2283</guid>
		<description><![CDATA[Business As Usual: The Economic Crisis And The Failure Of Capitalism by Paul Mattick. Reacktion Books: 2011. Just yesterday, we were all supposed to believe that the globalisation of capitalism and free markets was the route to freedom, peace and prosperity for all. Then, with barely an explanation, and somewhat out of the blue, the story changed. Now we are to believe that, due to circumstances beyond anyone’s control, prosperity will have to give way to austerity. The good times are over. It is characteristic of crises that the stories we are expected to believe suddenly change. But how can we understand the change? And might there not be better stories than the rather grim and gloomy one we’ve been ordered to swallow? Paul Mattick Jnr’s short book is just such an alternative. For him the crisis signals the complete bankruptcy and destruction of mainstream economics. Why crisis is impossible Why did the crisis appear as a bolt out of the blue? Why was it not expected or anticipated by any economist or mainstream commentator? In short, because there is no place in the standard economic story for crisis, any more than there’s a place for wizards and interstellar travel [...]


No related posts.]]></description>
		<wfw:commentRss>http://wspus.org/2011/06/crisis-the-stories-so-far/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dedicated to serving the rich: the reality of aid</title>
		<link>http://wspus.org/2010/03/dedicated-to-serving-the-rich-the-reality-of-aid/</link>
		<comments>http://wspus.org/2010/03/dedicated-to-serving-the-rich-the-reality-of-aid/#comments</comments>
		<pubDate>Sat, 13 Mar 2010 01:05:30 +0000</pubDate>
		<dc:creator>Stefan</dc:creator>
				<category><![CDATA[Crisis]]></category>

		<guid isPermaLink="false">http://wspus.org/?p=1458</guid>
		<description><![CDATA[“CARE: Dedicated to serving the poorest of the poor.” So reads a wall poster at the Haiti offices of the “humanitarian” agency CARE International. The offices are housed in a mansion in a wealthy district up in the hills above Port-au-Prince, at a hygienic distance from the poor people they are “dedicated to serve”. Well, you can’t expect the respectable ladies and gentlemen who administer aid to live and work down in the filth and stench of the shantytowns. Of course, you can’t blame the poor for the lack of sewers, but still&#8230; The aid administrators realise that they need the assistance of people who do know something about the poor and are capable of interacting with them. So they hire specialists called anthropologists, who acquire the requisite knowledge and skill as trainees by living for a time among poor people (formally in order to gather material for their Ph.D. theses). But some trainees “go native”. They come to sympathise with their temporary neighbours and feel the urge to talk about inconvenient realities that they have discovered. This annoys the administrators, who label them “idealists” and say they have “a negative attitude”. It would be quite unsuitable to appoint them [...]


No related posts.]]></description>
		<wfw:commentRss>http://wspus.org/2010/03/dedicated-to-serving-the-rich-the-reality-of-aid/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Capitalism in Crisis: Reforms, Collapse &#8212; Or a Socialist Revolution?</title>
		<link>http://wspus.org/2009/02/capitalism-in-crisis-reforms-collapse-or-a-socialist-revolution/</link>
		<comments>http://wspus.org/2009/02/capitalism-in-crisis-reforms-collapse-or-a-socialist-revolution/#comments</comments>
		<pubDate>Fri, 20 Feb 2009 23:39:50 +0000</pubDate>
		<dc:creator>MS</dc:creator>
				<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Crisis]]></category>
		<category><![CDATA[Socialism]]></category>

		<guid isPermaLink="false">http://www.wspus.org/?p=947</guid>
		<description><![CDATA[  The severe economic crisis has dominated newspaper headlines – day after day for at least the past six months – like no other story in recent history. The massive layoffs, losses and bankruptcies have grown as familiar as the daily death-count in Iraq and Afghanistan. The ranks of the unemployed are overflowing and no job seems secure.   Not only is the situation spinning out of control, but workers are being reminded how little control they have over their lives. Their own futures are in the hands of business leaders and politicians, who themselves can do nothing more than follow the inhuman impulses of capital.   One bright spot, however, is the market for solution-peddlers and doom-prophesiers, which is booming. On the one hand, there are the experts claiming to know the secret for getting capitalism back on its feet and curing the system of its manic-depressive tendencies; while on the other hand, there is the minority that views the crisis as the beginning of the final collapse of capitalism.   The articles on this website, in contrast to that commotion, might seem calm, or even complacent. Not unlike the quieter days before the crisis, we continue to advocate [...]


No related posts.]]></description>
		<wfw:commentRss>http://wspus.org/2009/02/capitalism-in-crisis-reforms-collapse-or-a-socialist-revolution/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Is capitalism crumbling?</title>
		<link>http://wspus.org/2008/11/is-capitalism-crumbling/</link>
		<comments>http://wspus.org/2008/11/is-capitalism-crumbling/#comments</comments>
		<pubDate>Wed, 05 Nov 2008 10:01:31 +0000</pubDate>
		<dc:creator>SPGB</dc:creator>
				<category><![CDATA[Crisis]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Featured]]></category>

		<guid isPermaLink="false">http://www.wspus.org/economics/is-capitalism-crumbling/</guid>
		<description><![CDATA[Stephen Muchiri, head of the Eastern Africa Farmers Federation, stated recently that: &#8220;The amount of money used for the bailouts in the U.S. and Europe &#8212; people here are saying that money is enough to feed the poor in Africa for the next three years.&#8221; This estimate seems to be rather conservative as, according to this month&#8217;s Socialist Standard Editorial, &#8220;The sums of money hastily committed to increase banks&#8217; liquidity and stabilise the sector would – if used to meet real human needs &#8211; ensure not one person need die of hunger for the next 23 years.&#8221; Capitalism has gotten bad press in the last few months. Countless commentators have given more than a passing consideration to the question, will capitalism collapse? Whilst this hopeful question could be expected to emanate from excitable journalists, and from the rump of what remains of the left-wing throughout the world, it should be noted that the likes of Bill Gates and Nicolas Sarkozy have been asking similar questions. The real challenge to capitalism however is not so much a challenge to its on-going operation – it will carry on in some shape or form regardless. The last few months are after all nothing [...]


No related posts.]]></description>
		<wfw:commentRss>http://wspus.org/2008/11/is-capitalism-crumbling/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Marx or Keynes again</title>
		<link>http://wspus.org/2008/10/marx-or-keynes-again/</link>
		<comments>http://wspus.org/2008/10/marx-or-keynes-again/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 07:23:52 +0000</pubDate>
		<dc:creator>ALB</dc:creator>
				<category><![CDATA[Crisis]]></category>
		<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://www.wspus.org/?p=699</guid>
		<description><![CDATA[It is not just Marx whose ideas are now been looked at again. So are those of Keynes. While the German Finance Minister, Peer Steinbrück, of the Social Democratic Party, has said that “certain parts of Marx’s thinking are really not so bad” (Times, 20 October) his British counterpart, Labourite Alistair Darling said (typically) “much of what Keynes wrote still makes sense” (Sunday Telegraph, 19 October). Commenting on this, Keynes’s biographer, Lord Skidelsky wrote “anyone under 40 might well have asked: ‘And who on earth is Keynes?’” (Times, 23 October). So discredited had the ideas and policies of Keynes become by the end of the 1970s. For those under 40, John Maynard Keynes was an inter-war years economist who was at one time credited with having saved capitalism. He argued that capitalism did not automatically tend towards full employment and that government intervention to increase spending was needed to ensure this. He was himself a Liberal, but his ideas were embraced by all three main parties in Britain. As it happened, post-war Britain did have more or less full employment for twenty or so years after the war, but this was more due to the expansion of world markets than [...]


No related posts.]]></description>
		<wfw:commentRss>http://wspus.org/2008/10/marx-or-keynes-again/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

