Scholz supports the confiscation of income on the interest of Russian state assets deposited in the EU. Experts consider this a clear violation of international law and warn that other nations, such as China, could […]
“The State of Capitalism is an exercise in hard analysis and there is much to learn and debate. In that sense, the book is a must read…” Michael Roberts is an Economist in the City of […]
Amidst the gathering gloom about climate change and continuing growth in global greenhouse-gas emissions, the one bright spot appears to be clean energy development. 2023 saw another, much-trumpeted record for renewables installations worldwide, with an […]
The authors’ of new book The Fall and Rise of American Capitalism: From J. P. Morgan to BlackRock argue that finance capital and industrial capital are not in conflict, as many have argued. They are in fact […]
The extraordinary measures that recently pulled the global economy from the brink not only revived neoliberalism, but also consolidated it. To see why, one needs to look at the nature of modern money and the […]
The Bank of England is handing an advantage to damaging sectors by favouring their companies’ bonds as collateral Elli McLaughlin is Positive Money’s senior policy and advocacy officer Cross-posted from Positive Money Bank of England […]
When I was in London recently, I was repeatedly assailed with the idea that the Liz Truss debacle proves that the financial markets in Britain are more powerful than the government and can force the […]
Biden’s hope of winning the presidency for a second term was supposed to depend on the economy. Many claim the Bidenomics has been a success. Radhika Dessai and Michael Hudson explain why the economy is […]
After those 2023 bank runs there is a case for stronger rules on capital and liquidity, with the aim of restoring credibility to a timely intervention process and favouring the recovery of viable banks Enrico […]
We are living in a historical interregnum, as Antonio Gramsci famously described it, where the old order of global capitalism and American global hegemony is dying, but the new cannot be born. That’s the key […]
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