6/28 – Two Perspectives on Economic Crisis Under Capitalism, From Karl Marx & Rosa Luxemburg



June 28 – 6:00-9:00 PM


Westside Peace Center
3916 Sepulveda Blvd., Suite 101-102
Press #22 at door to get into building
Free parking behind the building


Ali Kiani, Iranian Marxist activist, translator, and International Marxist-Humanist Organization member

Gene Warren, longtime Marxist and founding member of Solidarity, member of the Socialist Party Los Angeles Local

Two major alternative Marxist theories of economic crisis are

(1) the tendential decline in rate of profit as developed by in Marx, CAPITAL, Vol. III, Chs. 13-15, online here: https://www.marxists.org/archive/marx/works/1894-c3/ch13.htm ;

(2) Overproduction/underconsumption, as found in Luxemburg, ANTI-CRITIQUE, Ch. 1 (The Questions at Issue and first few pages of next chapter), online here: https://www.marxists.org/archive/luxemburg/1915/anti-critique/ch01.htm

This meeting will examine these two theoretical positions in terms of both the causes of crises and what is needed to overcome them and capitalism itself.

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