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Marx Engels Institute
Marx Engels Institute
196 episodes
5 days ago
News and analysis podcast from a Marxist perspective hosted by Alexander Mckay
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News Commentary
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All content for Marx Engels Institute is the property of Marx Engels Institute and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
News and analysis podcast from a Marxist perspective hosted by Alexander Mckay
Show more...
News Commentary
News
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Constraints and Crises
Marx Engels Institute
55 minutes 13 seconds
2 years ago
Constraints and Crises

With the shotgun wedding of UBS and Credit Suisse along with the US governments intervention over Silicon Valley Bank another banking crisis may be upon us. But is this a new crisis or a renewal of an older one that began back in 2008? In this episode I explore why the need for US imperialism is to either find follow Andrew Mellons old advice to "liquidate capital, liquidate labor" to purge the system or to find new places to wage aggressive imperialist wars, or possibly both. I also look at why they have been constrained from taking the extreme actions the system requires thus far.


Outro music is The Hymn of the Paris Commune

Marx Engels Institute
News and analysis podcast from a Marxist perspective hosted by Alexander Mckay