Why capitalism has crises?

10 Oct

The National Business Review commented in on August 15 that in the early years of this government Finance Minister Bill English occasionally pointed out New Zealand has had post World War Two recessions roughly every ten years: in 1957-58; 1967-68; the mid 1970s; the mid 1980s; 1997-98 and 2007-8. "’You’d think we would see them coming’ he would observe laconically"

This Sunday Unite’s National Director Mike Treen is going to try and explain why capitalism regularly has periodic recessions and occasionally great depressions in its history that capitalist observers cannot predict nor understand.

Socialist Aotearoa Sunday School, 2pm, Sunday, October 12, Unite Union, 6a Western Springs Rd, Kingsland, Auckland



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