The paranoia about the power of the ‘City’ has dominated progressive politics in Britain for decades and has perverted the policy set that the politicians think is available to them. Not much will change while […]
America’s biggest bank, JP Morgan Chase, is at the centre of the Epstein scandal. Pam Martens and Russ Martens are financial journalists. Cross-posted from Counterpunch On July 7, the U.S. Department of Justice and the […]
6 August 2025 Economist Michael Hudson describes how the Western powers designed the international financial, legal, and political system in a way that benefits North American corporations at the expense of the countries of the […]
The ECB relies on the Federal Reserve for dollar liquidity in a crisis – what happens if the Fed decided to turn off the dollar tap? Cross-posted from Positive Money The European Central Bank (ECB) […]
… by blowing up and looting DeFi to enrich TradFi Read HERE
10 July 2025 NIMA ALKHORSHID: Hi everybody. Today is Thursday, July 10, 2025, and our friends Richard Wolff and Michael Hudson are back with us. Welcome back. RICHARD WOLFF: Glad to be here. NIMA […]
Bulgaria has joined the Euro and the public don’t seem very happy about it – no wonder. In New Left Review’s ‘Sidecar’. Read the article HERE.
Rather than replacing state-backed money, the US state and big finance are now engorged in cryptocurrencies as a new asset class. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted […]
The far-right’s approach to finance seeks to channel financial rents back into national capital, but has little interest in tightening regulations or benefiting workers. Inga Rademacher is a lecturer in International Political Economy at City St. […]
3 July 2025 NIMA ALKHORSHID: Hi, everybody. Today is Thursday, July 3rd, 2025, and our friends, Richard Wolf and Michael Hudson, are back with us. Welcome. RICHARD WOLFF: Glad to be here. NIMA ALKHORSHID: I […]
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