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Session 2: Saturday June 29th, 12:30pm - 2:30pm
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This panel will examine the political economy of the weak recovery since the 2008 financial crisis. The panel will examine the weakness of this recovery in connection with the failure of the recession of 2008-9 to destroy or devalue sufficient unprofitable capital, or deleverage enough debt, to ensure a strong rebound in profitability. The fragility came, above all, from the bloated financial system, which threatened to generalise any new sign of crisis. The uncertainty was a product of state interventions that helped put a floor under the crisis without resolving the fundamental problems that caused it.


Thomas is active in a number of DSA working groups and is a member of Marx21 NYC. He is a graduate student studying environmental policy at the New School.

Iannis Delatolas is a longtime antiracist and antifascist activist, in Greece and in New York. He is a founding member of United Against Racism and Fascism, NY

Joseph Choonara is a lecturer at the University of Leicester (UK), a columnist for the British monthly Socialist Review and an editorial board member of International Socialism. His books include Unravelling Capitalism: A Guide to Marxist Political Economy (Bookmarks, 2010), A Reader's...

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