This text is about the deeply underlying causes of the crisis and its manifestations over the past five years, particularly regarding the intense competition, truly a "currency war." Beyond the "chronicle of events" of the crisis its financial and monetary dimensions, a crisis of "sovereign" debts, the Euro's future and its "afterlife" the author seeks out the problematic that has hovered over this crisis since 2008. The guiding principle capable of grasping its process is still the analysis of real process, based on Marx's method and theory, through the evolution of "competitive" capitalism. The importance of competition and also its current tendency for intensification have been revealed. New conditions of capital appreciation and profit-seeking have become evident in complex processes of destruction-creation of value, and they also illustrate the mechanisms linked to super-accumulation of capital to the resulting super-production of goods. Marx helps us understand that in order for capitalism to survive, it must keep "extorting" the surplus value, whatever the cost. It is an absolute imperative for it to reproduce, and today this gives it a brutal predatory character in all societal domains.
Capital; Labor; Finance; Destruction of values; World crisis