Marxist Predictions for World Capitalism in 2020

Virtually all bourgeois economists think that whatever economic crises might occur under capitalism, they are due to “externalities” that are unpredictable. So they renounce their scientific responsibility to make predictions about the system of which they claim to have scientific knowledge. What a breath of relief to read Marxist political economist Michael Roberts admit his predictions in the past few years have been wrong. He states why they were wrong, while continuing to make predictions about capitalism in 2020.

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