150 years Since Karl Marx’s Capital
Since the financial meltdown in 2008, global capitalism has been mired in a seemingly perpetual slump. The very institutions of the global economic order such as the IMF and World Bank are continually downgrading their forecasts of economic growth. Even as the capitalist class looks desperately for a way out of the crisis, it is continually recreates the conditions for new speculative bubbles and new crises. Claims of “economic recovery” hold true only for the most affluent social layers, including a parasitic financial aristocracy at the summits of society. For the vast masses of the working and toiling humanity, however, they are an unreal mockery. The events of the last decade are a powerful confirmation of the economic theories of Karl Marx and Friedrich Engels, who sought to unravel the laws of motion governing capitalist society from the daily exploitation of labor to the tendency of capitalist competition towards monopoly. Join the International Youth and Students for Social Equality on Tuesday, March 20 at 7:00pm in the Metztli Room of the Aztec Student Union (2nd Floor) for a discussion of the significance of Marx’s monumental work Capital.