Theoretical and Applied Studies
The world today is living in a capital-led systemic crisis. The mass media are fully committed to the great economic interests that control the planet and have no interest in informing the people objectively. This is not just a systemic crisis, but also a crisis of the Western civilization, which can jeopardize the entire future of humankind. This crisis comes along with high levels of hazards ever seen in history. The Soviet Union lost the Cold War, which resulted in its dismemberment. The United States and the Western world finally seem to be losing this war too, which is manifested in the present systemic crisis of capitalism. Hence, there have been no winners; all human beings lost. The present crisis of capitalism is thus a very critical period, but it is also an opportunity to move towards a civilized future. In this context, we all have the moral responsibility to participate in the struggle to overcome the crisis, and is the main reason behind organizing the international observatory of the crisis.
Since the 1980s, with neoliberal globalization, the productive sector tended to grow increasingly smaller; the speculative financial sector became dominant and fictitious capital turned into the core of the present crisis, which is at the same time financial, economic, political, social, military, ecologic, climatologic and cultural. We are reaching, and even surpassing, the possible global limits of the production of oil and other non-renewable resources of energy. There is competition between biofuel and food for...
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