IS CAPITALISM ON A PATH TO COLLAPSE?

Public meetings in Christchurch and Wellington:

Guest speaker 
Grant Morgan
Socialist Worker international secretary (Auckland)

Christchurch

7.30pm Tuesday April 27
WEA 59 Gloucheter Street,

(opposite art gallery) Christchurch

Wellington

7.30pm on Thursday 29 April,
upstairs at Newtown Community Centre,

(Corner Rintoul & Colombo St)

Contact: Grant Brookes  grant_brookes@paradise.net.nz | 021 053 2973

Synopsis

For the first time in capitalism’s 500-year history a perfect storm is beginning to engulf the world system. 



The main elements are system-level crises of profitability, ecology, resources, imperialism and legitimacy. Their concentration and intensification look set to trigger world system collapse within a historically short time period.

Humanity will face a life-and-death struggle as we confront economic chaos, global warming, resource scarcity and imperial breakdown.

Can we survive the chaos, conflict and carnage of looming collapse? Can Earth’s citizens collectively built a decent future in the face of elite counteractions? Yes, says Grant Morgan. 



He resurrects Marx’s analysis of social change to explain the growing intersection of system-level crises which will collapse global capitalism as surely as previous civilisations were brought down by their own perfect storms.



“At a certain stage of development, the material productive forces of society come into conflict with the existing relations of production,” said Marx. “Then begins an era of social revolution.”

An era of social revolution will be triggered by the perfect storm appearing over capitalism’s horizon as it collapses the economic, ecological and imperial foundations of the world system. The need to unite or die will call forth a Global Uniting of the mass of humanity which ushers in a society of solidarity.



Grant will be drawing on, and developing, his 20,000 word essay ‘Beware! The end is nigh!’ Why global capitalism is tipping towards collapse, and how we can act for a decent future.

This essay takes up the entire contents of the 100-page March 2010 issue of UNITY journal.  It can also be read here at UNITYblog.