Are We In a Slump In the History of Global Capitalism?

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David McNally is a Canadian socialist and activist, and the author of numerous books, including Global Slump: The Economics and Politics of Crisis and Resistance and Monsters of the Market: Zombies, Vampires and Global Capitalism. He was interviewed by Andrew Sernatinger and Tessa Echeverri.  The interview transcript was first published in two parts at New Politics, and is republished below.

Here's the elephant on the table:

What is the state of the economy, in the U.S. and around the world, seven years into the global crisis--and, more importantly, what is the prospect for further resistance to develop?

Read the entire interview:  Global slump and the new normal