The Podium
 

 
Some critical theory, some public discourse, and some general nerdiness.
 
 
   
 
Wednesday, October 07, 2009
 
The bailout of large corporations and banks in response to the economic crisis was an attempt to save capitalism that also illustrates how the system grows. Capitalism expands by adapting to crises that seem to show the limit of growth, so if the bailout was a complete success then it would mean a more negative turn that would increase damage to worker's and consumer's rights as well as the environment. But the current crisis does not necessarily mean the absolute end of capitalism, but rather a transitional period where it can possibly evolve and survive. During that time it is vital for people to see the real underlying mechanism of capitalism in order to create alternatives that challenge the status quo.

 

 
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