Articles and Resources on the Economic Crisis
The week of September 22, 2008, saw huge popular opposition to the Bush administration’s bailout of Wall Street banks at taxpayer’s expense. While stabilization of credit markets and banking sector is crucial, the smart choice is to pursue a solution that addresses the fundamental causes of the collapse and helps working families avoid further economic calamity.
The week of September 15, 2008 was a dramatic and unprecedented period in the world of high finance. The economic crisis is not over despite what some pundits and politicians have claimed. A series of government interventions have changed the map of banking and finance.
So what does it all mean? What will be impact of the Wall Street bankruptcies, bailouts and blunders on working people in this country and worldwide? What’s the solution to the crisis?
Perhaps only time will tell the full extent of the impact. Needless to say, this week’s developments don’t bode well for the future. Here are some thoughts from contributors to the People’s Weekly World and Political Affairs and leaders of the Communist Party on the current economic crisis, the policies that got us to this point and the historical precedents.
We will update this resource list in the days and weeks to come, as the full scope of the crisis is better known.
Week of Sept. 22
Editorial: Shock and Awe Revisited
Sept. 25, 2008 – People’s Weekly World
$700,000,000,000 for what?
By John Wojcik
Sept. 25, 2008 – People’s Weekly World
Reject the ‘Bankers’ Strike’: Groups Demand No Bailout Without Conditions
Sept. 25, 2008 – PoliticalAffairs.net
Rescue Me!: What Else Could We Use the Bailout Money For?’
By Peter Zerner and Joel Wendland
Sept. 25, 2008 – PoliticalAffairs.net
Barney Smith, Not Smith Barney
By Joelle Fishman
Sept. 24, 2008 – People’s Weekly World
Save Main Street, Not Wall Street
By Communist Party USA
Sept. 23, 2008 – CPUSA.org
Ramming Through the Bailout
By Sam Webb
Sept. 23, 2008 – CPUSA.org
Wall Street Bailout: Not Without Preconditions
By Joel Wendland
Sept. 23, 2008 – PoliticalAffairs.net
Week of Sept. 15:
Bailout Main Street
Sept. 19, 2008 – People’s Weekly World
Economic Meltdown
By Joel Wendland
Sept. 19, 2008 – PoliticalAffairs.net
Wall Street meltdown wallops Main Street
By Phil Cadman
Sept. 19, 2008 – People’s Weekly World
From Archives:
really never coming back?
By John Wojcik
Sept. 8, 2008 — People’s Weekly World
By Marilyn Bechtel
Aug. 15, 2008 — People’s Weekly World
the Knife: Cut the Needy to Feed the Greedy
By Joelle Fishman
July 24, 2008 — PoliticalAffairs.net
with Doug Henwood, Left Business Observer
May 29, 2008 — PoliticalAffairs.net
Time for a New Deal
by Norman Markowitz
May 29, 2008 — PoliticalAffairs.net
Crisis and Class Struggle
By Paulo Nakatani and Rémy Herrera
May 28, 2008 — PoliticalAffairs.net
Foreclosures point to systemic crisis
Winebrenner Edwards
April 4, 2007 — People’s Weekly World
Wall Street, not Main Street
By John Wojcik
March 20, 2008 — People’s Weekly World
Things Fall Apart: Wall Street and the Crisis of US Imperialism
By Joe Sims and Joel Wendland
March 2008 – PoliticalAffairs.net
the Storm: the economic recession
Video interview with Sam Webb
March 10, 2008 — Communist Party USA
housing, foreclosure crisis
By John Wojcik
March 9, 2008 — People’s Weekly World
with Art Perlo, CP Economics Commission
Feb. 15, 2008 — PoliticalAffairs.net
put working class first
By Teresa Albano
Jan. 24, 2008 — People’s Weekly World
homebuyers, Black, Latino families hit hardest
By Tim Wheeler
Jan. 19, 2008 — People’s Weekly World
the housing crisis
By Art Perlo
Aug. 30, 2007 — People’s Weekly World
stoked by incredible greed
By Susan Webb
Aug. 16, 2007 — People’s Weekly World
thievery, a new political moment
By Sam Webb
July 20, 2002 — People’s Weekly World
En Español:
económica y las viviendas
Por Art Perlo
26 de Julio, 2008 — Nuestro Mundo
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