Crisis of Neo-Liberalism: Manifold Ramifications

The systemic crisis of global capitalism that manifested a decade ago in the global financial meltdown of 2008 continues with no signs of any meaningful recovery. This crisis is intensifying further the levels of exploitation of the vast majority of the world’s people. Every response of global capitalism to overcome the crisis has laid the seeds of a new deeper crisis. Neo-liberalism’s essential thrust is profit maximization, the raison d’etre of capitalism.