One of the most sobering reads on our economic future... from our friends in Moscow...

Marxist revivalists who are again predicting (or perhaps just rooting for) a collapse of world capitalism are not: (1) credible; (2) Hacker News; (3) "our friends".

Mind you, there's plenty of non-marxist reasons to predict that the parts of the world economy will be royally fucked for the next few years.

Could be, and there are plenty of non-Marxist articles on this subject which we could be reading instead of this load of garbage.

Though personally I don't want to see economics articles unless they're narrowly focused on, say, startups or technology.

I second gojomo.

It's certainly sobering, but it's sloppily done. There are some facts in there, but the synthesis and analysis aren't intelligent. It seems more like wishful thinking.

Please, this is hacker news not reddit, take the anti-capitalism somewhere else...

I read as far as "International Journal of Socialist Renewal".

Dmitry Orlov's lessons for individuals from the Soviet collapse, http://www.badcyclopedia.com/what-if-us-collapses-soviet-col...

More at Dmitry Orlov's blog - http://cluborlov.blogspot.com/