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A space for sharing and discussing news related to global current events, technology, and society.
69465 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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Really interesting to revisit this now. There are some odd claims here and there, but overall it hasn’t aged too badly. >"Since 2007, states have been forced to undertake extraordinary actions. Bailouts have shifted private debts onto public balance sheets. And the world’s central banks are spending billions of dollars, every month, to convince capital to invest in a trickle. So far these state interventions have managed to stall the unfolding crisis. Yet its petrification has been the petrification of class struggle. Like the crisis itself, the struggles of 2011–2013 entered a holding pattern, unable to venture beyond the weak unity—defined by anti-austerity, anti-police, and anti-corruption sentiments—that was established in the movement of the squares."
Really interesting to revisit this now. There are some odd claims here and there, but overall it hasn’t aged too badly. >"Since 2007, states have been forced to undertake extraordinary actions. Bailouts have shifted private debts onto public balance sheets. And the world’s central banks are spending billions of dollars, every month, to convince capital to invest in a trickle. So far these state interventions have managed to stall the unfolding crisis. Yet its petrification has been the petrification of class struggle. Like the crisis itself, the struggles of 2011–2013 entered a holding pattern, unable to venture beyond the weak unity—defined by anti-austerity, anti-police, and anti-corruption sentiments—that was established in the movement of the squares."
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