“Fascism merges private capitalism and the state. Political power then enforces capitalism’s basic rules: the economic dominance of the major shareholders and their top directors and managers.” Do not panic, Wolff is writing about the […]
In a new book from Cambridge University Press, Lance Taylor reveals that wage repression — far more than monopoly power, offshoring or technological change — is driving rising inequality. Lance Taylor is Arnhold Professor of […]
The U.S. is Saving the Financial Sector, not the Economy Michael Hudson is a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of Bard […]
We wanted to speak directly to the average person in their own language without the filters of government institutions and mainstream media. We are hoping that this letter will spark a broader public discourse about […]
Book Review by Mathew D. Rose Not all too long ago it was clear: If we stopped using plastic bags and straws, while sorting our recycling waste assiduously, then all would be well with the […]
When economist Thomas Picketty released his book ‘Capital in the 21Century’ people clambered to get a copy. The filmmaker Justin Pemberton has since made the film – in it, he points hard to how rentier […]
A look back at the goals of Abenomics and what became of them. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts Blog Over the weekend, […]
Few people are prepared to admit in what disturbing and difficult times we are living. This is not just normality with masks. Branko Milanović looks back at another time where the world had just left […]
Denis Belitsky / shutterstock Diana Ivanova, University of Leeds and Richard Wood, Norwegian University of Science and Technology To keep global warming below 1.5°C, we need to reduce greenhouse gas emissions equivalent to 2.5 tonnes […]
Book Review by Ben Wray Everyone interested in the politics of Europe should have this on their bookshelf. It is remarkable that it hasn’t been done before now, but Hugrée, Penissat and Spire – three […]
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