/lit/ - Literature

>>13526324

>>8747327
Really? Classical global capitalism totally broke down in 1929 and never recovered. New Deal state capitalism in America, fascism in western Europe, and the first 5 year plan in eastern Europe all emerged as a response to this. The Keynesian welfare-warfare system worked for a while after the war till it reached its structural limits in the 70s with stagflation and now the era of the neoliberal experiment is currently breaking down.
The central hegemonic empire has just elected a total clown who is promising a massive Keynesian spending spree but this can't really save capitalism. Government spending every year since WWII has kept growing under all administrations as a necessity to manage this situation. Global profitability has been in total crises since the 1970s and we're starting to run out of schemes to get out of this situation without leaving behind capitalism or accepting the fact that the global economy will pretty much be centrally planned by the pentagon for the US oligarchy. Marxs law of value will have to break down in some fashion.