IMF Warns of Global Economic Turmoil: Too Little Too Late

Marxists are often rightly accused of being the boy who cried wolf. After a while people stop listening. But here is a dire prediction from an organization that can’t be called anything but centrist. This analysis is a great example of what psychologists call “cognitive compartmentalization”. The very organization whose policies have produced the world economic crisis talks about the capitalist crisis as if they had nothing to do with it.

Read more in The Guardian

Photograph: IMF via Getty Images

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