This week’s episode of International Marxist Radio (IMR) features presenter Joe Attard speaking to socialist.net editor Adam Booth about the world economy – in particular, about the latest annual meeting of the World Economic Forum (WEF) held in Davos, Switzerland.
Whilst some attendees attempted to highlight a few ‘green shoots of hope’, the overall tone of the event was sombre. ‘Polycrisis’ was this year’s buzzword, with everything going wrong all at once from the perspective of global capitalism.
Will interest rate hikes save the world economy? Protectionism? China? One thing seems certain: whichever path the ruling class takes from now on will be the wrong one. It is high time they were relieved of their duties.
Read Adam’s article on Davos here: https://www.marxist.com/davos-2023-capitalism-s-polycrisis-strikes-fear-into-the-ruling-class-hearts.htm