zane’s Reviews > The Long Depression: Marxism and the Global Crisis of Capitalism > Status Update
zane
is on page 65 of 360
“What the story of the Great Depression and WW2 shows is that once capitalism is in the depth of a depression, there must be a grinding and deep destruction of all that capitalism had accumulated in value in previous decades before a new era of expansion becomes possible.”
— Mar 09, 2026 06:16AM
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zane’s Previous Updates
zane
is on page 100 of 360
The drive for profit in the capitalist sector is behind the inexorable expansion of credit. A fall in the rate of profit promotes speculation. If the capitalists cannot make enough profit producing commodities, they will try making money betting on the stock exchange or buying various other financial instruments.
— Mar 21, 2026 07:01AM