Most explanations of the US-led global economic crisis in 2008 argue that it began with a financial meltdown triggered by the subprime mortgage crisis and bursting of the housing bubble from 2006 onwards. This paper, using Marx’s Capital and other Marxist writings, argues the opposite: that financial turmoil was just one symptom of the profound crisis into which the US economy had been sinking for years, transmitted to the rest of the world primarily through the use of the US dollar as world currency, and secondarily through the globalization of the world economy.
Thursday, October 30, 2008
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Sinhala Buddhist Nationalism and Women in Sri Lanka
Introduction Myth and reality are intertwined in accounts of how Buddhism was brought to Sri Lanka. According to the Mahavamsa, a 6 th c...
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From the previous presentations, it should be obvious that the USSR was not a union of equal republics. It was an empire in which Russia do...
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Introduction Christianity came to India and Sri Lanka from other countries at various periods ranging from ancient times to the present. T...
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Kavita Krishnan, a Marxist feminist who had been for three decades a member of the Communist Party of India (Marxist-Leninist) Liberatio...