Abstract
The financial crash of 2008 and the ensuing global recession have been widely recognised as the most decisive capitalist crisis since the Great Depression of the 1930s. The scale of the crash, the speed in which the circuits of finance capital unravelled, its origins within the heartlands of Anglo-American capital, the synchronised global slump in output and the gigantic scale of government reactions, marked it apart from all other post-war financial crises. Take just one authoritative real-time commentator, Martin Wolf (2009) of the Financial Times, and just one of his many interventions on the transformation in capitalism that will surely result:
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