"A crisis of capitalism" is a newspaper article taken from the daily Theguardian and it is divided in eleven paragraphs. In this article we are given some interpretations and some important informations about the European crisis, particularly the Italian one.

By the subtitle you can already understand what will be discussed but in the first paragraph the journalist refers to Marx appointing the words "tragedy" and "farce" dealing with the history to contextualize the situation. Then he uses a simile: he compares politicians to comedians and accordingly the vision of what is happening in Italy is distorted.

In the second paragraph we are given a key to read. To understand batter the Italian crisis we have to play attention to the European problems. In fact, the limits of the eurozone are well known: the single currency, a central bank that doesn't act correctly and no significant public budget.

According to the writer the European crisis is not home-grown: stagnation in Europe has been induced by German neo-mercantilism and it survived thanks to United States-driven exports.

Governaments became more scared for the rescue indebted countries and the main problem became incapability of refinancing Greece first, then Ireland and Portugal.

The Italian crisis was born in the mid of the 60s and it growth about the work and about the growth rate. Accordingly politicians have intensified work instead of taking a step forward with the innovation. Substantially they have led to unemployment especially in the east-north. From the 1992 Italy leaved the European monitary  system and a consequence was the deterioration of conditions of workers.

At the end of the test the writer suggest to deal at once with the European crisis in order to stop the domino effect to overcome the crisis. In conclusion he says that this crisis is not just a financial crisis, but a capital crisis: promote a socialisation of investments, banks as public utilities, the intervention of the state as direct provider of employment and capital controls.