UKRAINE, Kiev : A man takes a selfie photo in front of a huge flag of Crimean Tatars during an action on Independence Square in Kiev on February 28, 2015 marking the first anniversary of the begining of annexation of Ukrainian Crimea by Russia. The UN Security Council scheduled an emergency session to discuss the fragile ceasefire in Ukraine on February 27, a year to the day since Russian troops and pro-Moscow forces began seizing ports and cities on the Black Sea peninsula of Crimea. AFP PHOTO/ SERGEI SUPINSKY                        

While crises do shake people out of their complacency, forcing them to question the fundamentals of their lives, the most spontaneous first reaction is panic, which leads to a ‘return to the basics’: the basic premises of the ruling ideology, far from being put into doubt, are even more violently reasserted.
—  Slavoj Žižek, First as Tragedy, Then as Farce

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UKRAINE, Kramatorsk : A man walks past an unexploded rocket in in the eastern Ukrainian city of Kramatorsk, in the Donetsk region, on February 11, 2015. The leaders of Ukraine, Russia, France and Germany were to hold peace talks on February 11 aimed at halting a 10-month war in Ukraine where dozens were killed in the latest fighting. AFP PHOTO / VOLODYMYR SHUVAYEV                        

The Nature of Capitalist Crisis

Unsold Cars in storage awaiting the conditions for their sale. Link here.

Capitalism is not the only mode of production in which massive poverty exists alongside enormous wealth, but it is the only mode of production where a surplus of goods constitutes a problem: unsellable goods lead to the ruin of their owner while people who need these goods the most are unable to sell the only thing they possess: their labor-power. The reason is that capital has no need for their labor-power, since it cannot profitably make use of it.

p.169, An Introduction to the Three Volumes of Karl Marx’s Capital  - Michael Heinrich (2012)