How the Left Should Respond to a New Global Slump
If the global economy comes skidding to a halt sometime soon, the results for the vast majority of people around the world would be miserable. The Left needs to be prepared for it.
Traders work on the floor of the New York Stock Exchange (NYSE) on August 23, 2019 in New York City. The three major U.S. stock indexes ended lower, being their fourth consecutive week with some declines. (Eduardo Munoz Alvarez / Getty Images)
The world economy is slowing, and all the usual signs of yet another crisis are accumulating. Ashley Smith interviews David McNally about the causes of all of this and the political implications of a global slump for the socialist movement in the United States and internationally.
David McNally teaches history at the University of Houston. He is the author of Global Slump: The Economics and Politics of Crisis and Resistance. His new book, Blood and Money: War, Slavery, Finance, and Empire will be published next year by Haymarket Books.
Ashley Smith
The news is filled with stories about crisis signs in the US and world economy. What is happening?
David McNally
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