- Tuesday, 26 November 2013
- Written by Adam Booth
It has often been noted that the serious bourgeois analysts frequently arrive at the same conclusion as the Marxists, albeit with a slight delay. Some are suggesting what the Marxists have explained many times since the onset of the current crisis: that this is no ordinary period of recession, but that depression has become the new normality for the world economy. What we are witnessing is not a temporary phenomena, but an organic crisis of the capitalist system.