A bomb exploded at the very foundations of the capitalist system on this day, 29 October 1929. The total collapse of the American financial system plunged the entire planet into an economic nightmare, with the working and productive classes enduring the harshest conditions.
The Great Crash of 1929, as it came to be known, was not something that simply erupted overnight. It was the outcome of the way the American economy operated — with clear and lasting repercussions for the global community.
Nikolas Angelidis investigates and recounts the events of that era, tracing how the world was reshaped by the collapse of the U.S. stock market…