
Governments everywhere are pumping money into the world economy to keep it on life support. Subscribers to Keynesian economic ideas – of government stimulus and demand-side management – feel vindicated. But only Marxism offers a solution.

The pandemic has triggered the worst crisis in the history of capitalism. The ruling class is scrambling to save their system, breaking all the rules that have governed their policy for the past 80 years. The future is socialism or barbarism.

The prospects for the world economy are growing grimmer by the day. Governments are throwing everything they have at the situation. But they have run out of ammo fighting the last crisis. There is no way out under capitalism.