“Behind the World Economic Crisis: System Failure and the Need for Revolution”

Want to know why capitalism is facing its most serious economic crisis since the Great Depression? Want to know why the problem is not that the banks are too big to fail but that capitalism is too big a failure for world humanity? Want to know why no one in their right mind should want to rescue or reform this exploitative and plundering system...and why only socialism can solve problems like racism, health care, and the environment? Then you need to hear Raymond Lotta and participate in a unique live webcast.

Raymond Lotta is a revolutionary intellectual who takes as his foundation Bob Avakian's new synthesis. He has written extensively on China during and after the Cultural Revolution, playing a major role in elucidating the actual thinking of Mao. In writings, talks, and YouTubes, he has fought to spread the truth-and refute the lies--about communist revolution in the Soviet Union in 1917-1956 and in China 1949-1976. Lotta has also done major work on political economy, including America in Decline and the series Shifts and Faultlines in the World Economy (http://www.revcom.us). A recent speech, "Understanding the World Economic Crisis: System Failure and the Need for Revolution," can be heard at http://www.revolutionbooksnyc.org.

This interactive, live webcast is a fund-raiser for Revolution Books in New York City. People will be able to log on by donating $20 (a Paypal account is being set up) and you can ask questions via an e-mail address being created for the occasion (and possibly by phone as well). The cost for attending the event at Revolution Books will be $20/person.