The Growing Financial Crisis in the Capitalist World

This article has three main purposes: (1) to demonstrate that there is a growing financial crisis in the capitalist world—a crisis based on the titanic power struggle now taking place among the major capitalist powers; particularly between the United States and Western Europe; (2) to demonstrate that this crisis cannot be resolved unilaterally by the United States, despite its enormous economic power; and (3) to suggest some of the possible results and outcomes of this crisis.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website

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