What Caused the Great Depression? - Revolutionary Communists of America

What Caused the Great Depression? - Revolutionary Communists of America

Every time an economic crisis erupts, capitalism’s apologists are quick to point the finger at some superficial cause or unpredictable accident beyond their control. The finest schools in the country are full of learned academics who swear that the 2008 crisis was the result of risky subprime mortgages or that “irrational” panic on the New York Stock Exchange caused the Great Depression. While these paid propagandists of the ruling class barely …