By Ramiro S. Fúnez
Marx posited that capitalism creates constant crises within society because of the tendency of the rate of profit to fall. Profit is defined as financial gain accumulated from the difference between the amount earned and the amount spent in buying, operating or producing something.
As workers around the world make less money because of neoliberal austerity, they are unable to purchase the same products they produce as consumers. This creates a situation where private companies are unable to sell their products because no one has enough money to buy them, hindering the companies from making profits.
This situation is being played out on a global scale, facilitating the deterioration of markets and paving the way for a looming international financial crisis. And as capitalism continues to reach a decline that it can not overcome, as it reaches a dead end, its credibility becomes more questionable as time progresses.
The Venezuelan opposition, like capitalism, have nothing to offer the South American country. Both have reached a dead end.
