Crises Do Not Lead Capitalism to a Spontaneous Collapse
Capitalist economy inherently contains seeds of crisis. However, it would be utterly erroneous to argue that crises will spontaneously lead capitalism to its destruction. Unless it is overthrown through a revolution of the working class, it can continue to exist, going through new periods of booms and crises. Some assert that the ongoing crisis will mark the end of capitalism. This idea was also put forward during previous crises. While it seems very difficult for capitalism to overcome the deep crisis it is currently engulfed in, and moreover that capitalism becomes weaker with time in...