The Economic Effects of the Terrorist Attacks on the World Trade Center
The horrific attacks on the morning of September 11, 2001 will go down in history as the day when American imperialism had its nose bloodied and its psychology of invulnerability shattered. As Marxists, we condemn these acts of individual terrorism, and recognize that it will lead only to reinforcing the reactionary policies of Bush and the entire world ruling class. Amid all the calls for "national unity" and the search for a scapegoat, it is clear that we must keep calm and maintain an internationalist and class position. But there is another extremely important implication in the situation &endash; its potential effect on the already tottering US and world economies.