Capitalism is presently in crisis. Western economies have been in slump since March 2001, and despite the wishful thinking of bankers and government politicians the end is nowhere in sight. Everywhere we see layoffs, closures, cutbacks and shortage, and yet only one year ago all the pundits were praising the virtues of the economy. A thinking member of the working class can be left with only one conclusion; the capitalists do not understand their own system.