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HomeCapitalism

Capitalism

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Economics

Richard D. Wolff – Capitalism’s Unequal Distribution Deprives You of True Freedom

August 12, 2024 Ben Wray 0

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 […]

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Climate Crisis

Michael Roberts: Fixing the climate – it just ain’t profitable

June 24, 2024 Ben Wray 0

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 […]

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Economics

Michael Roberts – What went wrong with capitalism?

May 27, 2024 Ben Wray 0

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 […]

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Finance

J.W. Mason – Did It Matter?

May 21, 2024 Ben Wray 0

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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Economics

Michael Roberts – Joseph Stiglitz and ‘progressive capitalism’

May 13, 2024 Ben Wray 0

Is ‘progressive capitalism’ an oxymoron in the 21st century? Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog The liberal leftist economist and Nobel (Riksbank) prize winner […]

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Economics

Vulture Capitalism, by Grace Blakeley

May 8, 2024 Ben Wray 0

Book review by Michael Roberts. Cross-posted from Michael Roberts’ blog Her profile and popularity took her last book, Stolen, straight into the top 50 of all books on Amazon.  Her new book, entitled Vulture Capitalism: Corporate […]

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Economics

Stephen Maher, Scott Aquanno – The Problem With Finance Is the Problem of Capitalism

March 6, 2024 Ben Wray 0

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 […]

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Economics

Michael Roberts – Six crises of capitalism

February 28, 2024 Ben Wray 0

Crises are endemic to capitalism and are now generalised throughout the world. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog José Tapia has a new book […]

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Economics

George Kerevan – Contradictions between the real economy and financial markets will dominate 2024

January 15, 2024 Ben Wray 0

A survey of global economic and political dynamics. George Kerevan is a Scottish journalist and economist, and a former SNP MP. Cross-posted from Conter 2024 opens with global financial markets feeling the jitters over an […]

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Solutions

Richard D. Wolff – Socialism’s Self-Criticism and Real Democracy

December 6, 2023 Ben Wray 0

Socialism will only offer a complete alternative to capitalism if enterprises are worker-run. Richard D. Wolff is professor of economics emeritus at the University of Massachusetts, Amherst, and a visiting professor in the Graduate Program […]

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Book Reviews

Economics

The Spectre of State Capitalism by Ilias Alami and Adam D Dixon

July 2, 2025 0

Reviewed by J. D. Evans Alami and Dixon’s The Spectre of State Capitalism is a careful discussion of a topic often dealt with in platitudes and sound-bites. The authors cover uses of ‘state capitalism’ as […]

Economics

Ricardo’s Dream: How Economists Forgot the Real World and Led Us Astray by Nat Dyer

June 15, 2025 2

Book Review by Branko Milanović This is an extraordinarily difficult book to review. Not because the main thesis is unclear or because it is written in a too complex way but because it combines, in […]

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