But at least 25 percent of the rest of the capitalist world's industrial production has been idled or destroyed in the same period. And use of industrial capacity in Japan has fallen from 90 percent to 70 percent in the face of global gluts. The Pentagon budget is at wartime levels. All that capital flowing into the U.S. is trying to escape wars, instability and losses abroad. And world capitalism's unfolding crisis of overproduction is bound to affect the states created by socialist revolutions - currently China, Vietnam, Laos, Northern Korea and Cuba.
Crisis is an inevitable part of capitalism.
The working class-led struggle for good jobs and against war and racism, privation and inequality, points the way to taking power to meet human needs.