“The transition to post-capitalism requires a change in production and distribution based on wage labour, which will result in fundamental restriction of the role of markets.” John Weeks is Professor Emeritus, School of Oriental & […]
Capitalism is celebrated by the liberals as a success story. But, since the liberals came to power, capitalism has lost an enormous amount of its allure. There is no right policy when the thinking behind […]
Do not be frightened away by the term NAIRU. It is rather simple to understand and is explained in the article. Although one of the key theoretical pillars of neo-liberalism is has been found to […]
The decline of Deutsche Bank has been crafted to a bank story in mainstream media. Richard Murphy quite rightly asks if it could be a market story. Richard Murphy is Professor of Practice in International […]
Innisfil, Ontario, decided to partially subsidize ride-hailing trips rather than pay for a public bus system. It worked so well that now they have to raise fares and cap rides. Read here
There are three fundamental issues that lie at the heart of our current economic malaise: the first is unearned income and wealth from land rent, the second is the creation of money by privately owned […]
This is the result of globlaisation, where companies that made a small investment can receive extra billions in compensation decided by a court run in the interest of international corporations. Read here
If you wish to understand what will be occurring on the world economic scene this week, here is your chance. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from […]
This is the best critical evaluation of the EU-Mercosur deal we could find. It is a good introduction for battles to come. Cross-posted from the GUE/NGL website The European Union has negotiated a free trade […]
This installment covers my views on MMT (Modern Monetary Theory), QE (Quantitative Easing), and the need for a Modern Debt Jubilee. Part 1 is here.
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