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 […]
China is catching up with the United States, which is why the US is turning to protectionist measures just as the British empire did in the late 19th century to stem the challengers to its […]
MMT economist argues that MMT policy solutions were not applied during the 2008 financial crisis nor the pandemic crisis, but in both cases the government solutions showed that affordability is not the problem. L. Randall […]
Financial flows from global south to global north are a major source of imperialist power. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Back in 2021, […]
China is building lots of electric vehicles and solar panels and wants to sell them at a low cost during a climate emergency – and we are supposed to believe this is a bad thing? […]
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 […]
Tackling inequality without tackling the structure of modern capitalism is fiddling while Rome burns. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Last week I attended a […]
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 […]
The factors which pulled the US economy through in 2023 may be tailing-off in 2024: a recession could be looming just as Americans go to the ballot box. Michael Roberts is an Economist in the City […]
The value of art, like other assets, is falling as inflation and interest rates rise. China in particular is in a debt-deflationary trap. In Ann Pettifor’s substack. Read the article HERE.
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