…collapsing capitalism

Capitalism is facing a crisis of senile decay. This rotten system should have been overthrown a century ago, but a combination of world war, and the role of reformists and Stalinists gave it a new lease on life. The first signs of the end of the post-war boom could already be seen in the crisis of the ‘70s, but through austerity and attacks on the working class, combined with an unprecedented expansion of credit, the capitalist class postponed the evil day. Now, the chickens are coming home to roost.

Source: The state attempts to rescue collapsing capitalism