Tag Archives: Henri Houben

System Crisis

em_84_(600_x_600)The following article is from Études Marxistes, n°84, October-December 2008 and is being reposted here from the website of the Workers Party of Belgium

by Jo Cottenier and Henri Houben

It’s likely that September 2008 will continue to ring in our minds in the same way that September 2001 does. After the attacks on the Twin Towers, America went to war. After the recent financial crisis on Wall Street, the warrior is knocked out. After September’s tidal wave, Americans are worrying and wondering: what does the future hold? Two million families have lost their homes. Savings, jobs and pension benefits are all in danger. Purchasing power was already under pressure, will it get even worse?

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