Michael A. Lebowitz interviewed by Darko Vesić and Aleksandar Stojanović
Darko Vesić and Aleksandar Stojanović: Capitalism has been in crisis for several years now and in response to this crisis the capitalist states practice so-called austerity measures. If we look at the historical dynamics of capitalism in the last half century, we see that they responded to the crisis of the 1970s with what is now called “neoliberalism”. If the restoration of growth is what must be carried out as a response to the crisis, we can say that neoliberalism of the 1970s was successful. Yet, can we say same of present-day “austerity measures”?