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The phony war in Ukraine

By Boris Kagarlitsky March 4, 2014  Why, do you suppose, war has not yet broken out between Russia and Ukraine? The answer is very simple: no one plans to go to war, and no one can. Kiev for practical purposes does not have an army, while the government that has...

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Crises are part of Capitalism’s metabolism

A crisis in the capitalist system is a kind of wake up call: speculative bubbles burst, the price of assets [8] moves back towards their real value; the least profitable corporations go bankrupt, and capital is destroyed [9]. Crises are in a way part of Capitalism's...

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