The Present Evolution of World Economic Crisis as Part of General Crisis of Capitalism

Abstract

This paper intends to make a logical and historic analysis of the evolution of the World Economic Crisis affecting capitalism since September 2008. A process set up as one of the more complex and important in world economy nowadays due to interrelation levels between the different economies under the present globalization. We start on the basis that it is a systemic event affecting not only the economy of capitalism, but the system itself as a crisis of civilization or as a General Crisis of Capitalism, a notion we take as ours. The ongoing crisis of Capitalism is not occasional but structural and it combines with a civilization crisis (global systemic crisis) created by capitalism itself, exacerbating global threats on society and real life, not meaning or implying that Capitalism is set automatically towards its self destruction.