Bill Mitchell: It all adds up to the conclusion that system change is required not progressive tinkering

With its fixation on equilibrium thinking and an exclusive focus on market factors that can be precisely measured, the neoclassical orthodoxy in economics is fundamentally unequipped to deal with today’s biggest problems. Change within the […]

Inside the Eurozone the creditors have too much power, because they can threaten to cut off money to a member’s banking system or throw you out of the club. The Eurozone has not learnt this […]

The material dimensions of capitalism are staggering. In 2020, the amount of human-made mass exceeded for the first time the dry weight of all life on Earth. Its current increase corresponds to each person on […]