
A new International Labour Organisation reports says that as much as 50%
of youth are now unemployed in many countries. Capitalist crisis has
meant soaring unemployment especially amongst the young. The report
warns of difficult years ahead where young people may resort to violence
to vent their anger at governments worldwide.

The world
crisis of capitalism has entered a new stage. Rather than recover,
several countries are showing features of a depression. This is an
unprecedented situation and shows the deep malaise affecting the
capitalist system, still reeling from the slump of 2008-9.

“When sorrows come, they come not single spies, but in battalions!” Shakespeare: Hamlet Act IV.
Each week the financial crisis seems to be moving from one country to another without a pause. No country can feel safe. This is the grim reality for world capitalism today. Political editor, Rob Sewell, looks at the reasons for this ongoing crisis and explains why capitalism cannot find a way out.