Bonapartism – REVOLUTION

Evergrande Crisis: Capitalism with Chinese characteristics

China is discovering that under capitalism, what goes up must come down. The impending collapse of property developer Evergrande, as it struggles with more than $300bn debts, is reminiscent of the subprime mortgage crisis. The Chinese government is facing the same dilemmas as the US over a decade ago, as it stares into the abyss of capitalist crisis.

USA: Trump’s “insurrection” and the Chaos of Bourgeois Democracy

2021 has kicked off with a bang. If anyone had any remaining doubts, yesterday’s events exposed the depth of the crisis of US capitalism—and it is only the beginning.