This article is part of ourEconomy's 'Decolonising the economy' series.
The 2008 global financial crisis revealed that the accumulation of capital has its limits. But it also proved that capital has the ‘accumulated power’ to restore itself. This power is not only the $700 billion injected into the US economy to rescue the existing economic order, but also the concentration of neoliberal knowledge that prevails in global political, economic and financial institutions such as the IMF, the World Bank, UN, etc.
The 2008 crisis ‘woke up’ social movements across the globe, including Occupy Wall Street, the 'Yellow vest’ protestors, environmentalists and women’s rights activists. On the other hand, skepticism remains as time reveals that all social movements are sentenced to fade.
