1929 and the Great Depression

This recording is from the World School of Communism 2026, an international event translated into many languages in real time.

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The 1929 Wall Street crash was a defining moment. It precipitated the slump of 1929-31, the deepest slump ever experienced by capitalism. Of course, the bourgeois economists attempt to cover up the real reasons for the slump. The aim of this talk is to explain not only what happened but its causes in the endemic crisis of capitalist overproduction.

Rob Sewell in this talk will explore the consequences of the slump and how it also ushered in the Great Depression of the 1930s. Above all, we need to learn the lessons for today, which have never been more relevant with many of the symptoms of the crash emerging at this time.

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