Capitalist Globalism In Crisis

Part One: Boom and Bust

By Robin Hahnel

[This essay is part of the ZNet Classics series. Three times a week we will re-post an article that we think is of timeless importance. This one was first published December 1, 1998.]

This is the first article in a three part series on the current global economic Crisis.

Among economic systems capitalism is the manic-depressive patie...