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Is capitalism doomed?

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NEW YORK—The massive volatility and sharp equity-price correction now hitting global financial markets signal that most advanced economies are on the brink of a double-dip recession. read more

Aug 15, 2011 Nouriel Roubini Karl Marx was right, it seems, in arguing that globalization, financial intermediation run amok, and redistribution of income and wealth from labor to capital could lead capitalism to self-destruct. read more

Thus, capitalism is doomed. And Resistance is the solution. Any such public movements like Occupy Wall Street, etc will spread, and are bound to spread, and humanity will take another turn, like it took when unnatural Communism was forced. read more

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