The most important inequality for capitalism is the concentration of capital, with just 737 firms owning 80% of global wealth. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael […]
Digital capitalism does not just exist in ‘the cloud’, it leaves an increasingly large material footprint on the world which we need to understand better in order to control. Luis F. Alvarez Leon is author […]
Symptoms of decline in liberal capitalist democracy showing from South Korea to Germany. Cross-posted from Michael Hudson’s blog NIMA: Hi, everybody. Today is Thursday, December 5th, and our friends, Michael Hudson and Richard Wolff are […]
There was always going to be tension between Draghi’s strategy for the concentration of European capital and member-states seeking to protect their national capitalists. Read the article HERE.
Varoufakis discusses the ideas he developed in his new book, Technofeudalism. In New Left Review’s ‘Sidecar’. Read the article HERE.
Could American decline lead to the end of empires? Richard D. Wolff is professor of economics emeritus at the University of Massachusetts, Amherst, and a visiting professor in the Graduate Program in International Affairs of […]
In a world economy dominated by billionaires, can the rest of us be truly free? Richard Wolff is the author of Capitalism Hits the Fan and Capitalism’s Crisis Deepens. He is founder of Democracy at Work. This adapted excerpt from Richard […]
The problem is not that renewables are expensive, they’re cheaper than fossil fuels. The problem is that capitalists can’t make huge profits out of them. Michael Roberts is an Economist in the City of London and […]
A capitalist’s theory of capitalism’s demise. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Ruchir Sharma has a book out called What went wrong with capitalism? Ruchir […]
Did the revolutions of the 20th century make a difference if all economies ended up capitalist anyway? J. W. Mason is Associate Professor of Economics at John Jay College, City University of New York and […]
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