The purpose of this blog is to provide analytical commentary on formal and informal labour organisations and their attempts to resist ever more brutal forms of exploitation in today’s neo-liberal, global capitalism.

Sunday 20 September 2020

Nature Strikes Back? COVID-19 and the limits to capitalist outward expansion.

In 2007/2008, the Global Financial Crisis, caused by financial market speculation related to home ownership and mortgages, spilled over into a global economic recession. The current coronavirus crisis too will result in a perhaps even more dramatic global economic crisis. Unlike in 2007/2008, however, many argue that this time it is not human error, which caused the crisis. Rather, we are dealing with a natural crisis unrelated to our capitalist economy. In this post, I will critically engage with this claim.