The Crisis and the Left
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The global economic crisis that closed the first decade of the 21st century has demonstrated that the contradictions of capitalism cannot be overcome. The challenge for socialist analysis is to reveal both the nature of these contradictions in the neo-liberal era of globalized finance, and their consequences in our time. Crises need to be understood as turning points that open up opportunities. How to facilitate this is the sharpest challenge posed to socialists by the most severe global economic crisis since the 1930s. This volume, a companion to The Crisis This Time: Socialist Register 2011, examines the response of the international Left and asks, how has the Left responded and can it offer an alternative to faltering capitalism?
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