By Simon Gallagher - La Marx USA
The World Situation
Document approved by the leadership of La Marx International on 12/5/2024
1- Capitalism in collapse
The capitalist-imperialist system is in a collapse that consists of the combination of several critical factors, such as the global recession, the cutting of the chain of supplies (global gridlock), collapse of trade, destruction of the productive forces, generalized precariousness, poverty, devastation of nature, change bubbles, speculative manoeuvres, crashes or bankruptcies. global corporations and banks, pandemics, wars, etc. The global inflation unleashed in 2021 hits the entire world as the most external and visible symptom of the current crisis.
The current crisis began with the bursting of the dot-com bubble on Wall Street in 2000, a catastrophe that imperialism tried to reverse with the invasion of Iraq. By 2007, the NATO invasion suffered a political-military defeat that led to a heart attack, an acute crisis peak with the massive bankruptcy of the Global Corporations between the years 2008/09. From there began the Bailouts, and rescue operations of more than US$60 billion, which have taken more than 15 years to save theoligarchy of the 1%. This oligarchy is imperialism, the owners of the corporations that control world capitalism, whose headquarters are in the U.S. and the U.S. USA, England, France, Germany, Switzerland and Japan.
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By Simon Gallagher - La Marx US
By Simon Gallagher - La Marx US