The Crisis This Time
The challenge for socialist analysis is to reveal both the nature of the contradictions of capitalism in the neo-liberal era of globalized finance, and their consequences in our time. Crises need to be understood as turning points that open up opportunities.
The Global Financial Meltdown and Left Alternatives
While many are wondering if another world is possible, few are mapping out avenues to a post-capitalist future. In this groundbreaking analysis of the meltdown, renowned political economists Albo, Gindin and Panitch locate the roots of the crisis in the inner logic of capitalism itself and illuminate how the era of neoliberal free markets has been undergirded by massive state intervention. The authors argue that it’s time to start thinking about transformative alternatives to capitalism – and how to build the collective capacity to get us there. In and Out of Crisis stands to be the enduring critique of the crisis.