Why It Seems Everything We Knew About the Global Economy Is No Longer True

www.nytimes.com

Why It Seems Everything We Knew About the Global Economy Is No Longer True

www.nytimes.com

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Late Stage Capitalism · 3 years ago

While the world’s eyes were on the pandemic, China and the war in Ukraine, the paths to prosperity and shared interests have grown murkier.

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3 years ago
In a recent Geopolitical Economy video Hudson called the longtime NYT resident economist Paul Krugman a dummy. In more words and more specifically, but that was the gist of it.

Late Stage Capitalism

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News, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge the narratives which act as legitimations for the status quo of modern class society. Posts need not be about capitalism specifically, whether late-stage or otherwise; we simply aim to cater to a socialist audience.

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This community has its roots in broad-based anti-capitalist thought, with an emphasis on Marxist concepts and analysis and a commitment to antiracism and inclusive feminism.

When it comes to proposed alternatives to Capitalism, it is the general consensus of this community that class-divisions and alienated labour must be abolished; production must be collectively organized by the laborers themselves for the direct benefit of all. We call this socialism.

Find out more here: The Principles of Communism

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