Chris Dillow comments on Ann Pettifor’s recent article in the Guardian, in which she writes that Labour’s policies would be better for Britain’s capitalists than the current Tory programme. Although he agrees in principle, Dillow concludes: “The difference between Marxists such as me and social democrats such as Ann is, I suspect, that we are more sceptical than she is of governments’ ability to fix capitalism.”
New orders in manufacturing: March 2023 (in real terms, provisional): -10.7% on the previous month (seasonally and calendar adjusted) -11.0% on the same month a year earlier (calendar adjusted) Read HERE
The Turkish government feels it is critical to send the message to women across the Middle East that if they rise up for their rights, let alone rise up in arms, the likely result is […]
Now that prominent mainstream economists have grudgingly accepted some of the elements of Modern Monetary Theory, they are simultaneously trying to discredit it to save face. Read here
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