Monday, October 20, 2008

Marxism and the Credit Crunch event

Marx and the Credit Crunch
Tuesday 21 October, 7pm
Conway Hall, Red Lion Square, London

Istvan Meszaros, author of Beyond Capital
Chris Harman, editor, International Socialism journal
Richard Brenner, author of The Credit Crunch - a Marxist Analysis

A global credit crunch. Banks collapsing. Prices soaring. Recession looming. Conventional economic theory appears to have no coherent explanation. Government stumps up hundreds of billions to rescue the bankers - and demands that working people's pay be held down and spending cut on public services. At this meeting, three Marxist writers examine the roots of this great crisis in the nature of capital itself. Tracing the current crisis to its origins, they show how workers can resist paying the price for a crisis they never made, and set out the case for systemic change.



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