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Why is there always an economic crisis of some sort?
Unlike liberal economists, Marxists explore the primary role of internal contradictions within the capitalist economy. The MARX MEMORIAL LIBRARY explains why
Canary Wharf from across the river

SAMANTHA and David Cameron (remember him?) have a sign in their country home which reads: “Calm down dear, it’s only a recession.”

For them, economic crisis is a joke — they’re insulated from the realities of austerity, which their party, and the capitalist interests that they represent, says is an inevitable and necessary requirement to regenerate the economy “in the interests of everyone.”

But the sad joke also hides an implicit acknowledgement that crises are endemic to the system that they champion.

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