In Pittsburgh, on 24/25 September, the third summit of the G20 took place, a new ‘international forum' specially created to hold back the crisis which has been hitting the world economy with full force since the summer of 2007. If we were to believe the final communiqué, this mission has already been accomplished.

Now the G20 London Summit is over, what is the message that the rulers of the earth is they can deal with the economic catastrophe facing the capitalist system.The present crisis of overproduction, however, has its roots not, as the economic experts claim, in any kind of temporary ‘imbalance' in the world economy, but in the basic social relations of capitalism.