The Collapse of the Bloom Empire

The Week Vol. 2, No. 3, 20 July 1964 · p. 3 of the scan · 71 words

The scan: The Week v2 no3.pdf (PDF, Marxists Internet Archive, opens at this page)

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No matter how 'planned' or 'organised' modern capitalism is it remains intrinsically very unstable, The truth of this statment has been demonstrated very clearly by the Bloom affair. The more successful it is the more this success rests either on the danger of war or speculation. The workers affected by such affairs will lose their jobs through no fault of their own. Socialism remains not merely desirable but an urgent neceSsitye