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As Smash-and-Grab Capitalism Collapses, the French Economy Shines

Posted in Main Blog (All Posts) on May 17th, 2009 4:39 am by HL

As Smash-and-Grab Capitalism Collapses, the French Economy Shines

Many in Britain and the United States are in mourning for what’s taken as the suicide of the American (or Thatcherite, or Chicago-school) model of capitalism, accompanied by the non-interventionist state that hands the national economy over to business and financial leaders to run.

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Workers of the World Show Who’s Boss

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Across Europe and even in the U.S., a new wave of direct action to “rebuild the economy from the ground up” is rising. Some workers are responding to layoffs and workplace shutdowns by ousting their bosses and seeking to run things their own way. Naomi Klein and Avi Lewis report on the state of worker-control movements today in light of the current economic crisis.

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