9-25-08, 1:11 pm





Articles and Resources on the Economic Crisis



The week of September 22, 2008 has seen 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.