In the article on The Guardian “ A Crisis of Capitalism “ Riccardo Bellofiore focusses the attention on the financial problems affecting both Italy and in Europe.

The article appeared on the Guardian of Wednesday 21^st of September 2011.

Right from the start the journalist deals with Italy as a case study. 

The text is divided into 11 paragraphs. The first paragraph is interpretative and starts with a topic sentence quoting K. Marx.

More over the journalist says that haveing a clear economic and political idea of the situation of Italy is not possible  and that Italain politicians are comedians as well as the Prime Minister is a joke. The thesis is  presents is negative.

The second paragraph focusses the attention on  the  Italian situatio, the analysis of the euro zone problems. The Eurozone has a single currency but the spread is different in every state, and in addition it is not backed by political sovereignty. Now there not even a European budget so every nation has to cope with their different economic situation.

The journalists’ argumentations analyse the flows of the euro zone system.

The 1^st point concerns the limits of euro zone (a single currency not backed by political guarantee), the 2^nd is the central bank, the 3^rd ithe absence of a significant European budget, and last but not least the flaws in E.B.C : the obsession of inflection, the tendency to raise the interest of one's state, the tendency of Germany to profit of southern Europe  country situation( Greece, Spain, Italy ), and the austerity impost by Europe.

And what's more, China and USA have to help Europe because both  states will pay an expensive cost if one of the country of South Europe would  fail.