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Quote by John Bellamy Foster

“For me, it is clear that we are currently in a period of structural crisis of capitalism going back to the 1970s, but deepening in our time. Persistent economic stagnation together with neoliberal austerity has at this point seriously undermined the stability of the liberal-democratic state and thus the political command sector of the capitalist system. This has led to a dangerous resurgence of political movements in the fascist genus, representing an alternative way of managing the state of the capitalist system, opposed to liberal democracy.”

Quote by John Bellamy Foster

Author

John Bellamy Foster

John Bellamy Foster is an American scholar specializing in political economy, environmental sociology, and Marxist theory. Born on August 15, 1953, he is currently a professor at the University of Massachusetts Amherst. more

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