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In the first decades after 1914, capitalism indeed went through a deep crisis, while labour movements actually gained strength. This was the time when Lenin and others developed the theory of an irreversible decline of world capitalism. From the 1950s onwards, the crisis of capitalism appeared to be over and the labour movements seemed to become even stronger. In recent decades, however, we see a return of capitalist crises, but this time it is accompanied by a second deep international crisis – that of the labour movements. We are therefore now confronted with a double crisis, of which the outcome is still unclear.

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This page is a summary of: Lenin, Moribund Capitalism and the Global Crisis of Labor Movements, Notebooks The Journal for Studies on Power, February 2025, De Gruyter,
DOI: 10.1163/26667185-bja10066.
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