The far-right’s approach to finance seeks to channel financial rents back into national capital, but has little interest in tightening regulations or benefiting workers. Inga Rademacher is a lecturer in International Political Economy at City St. […]
‘The crash of 2008 was supposed to augur the end of ultraspeculative financial capitalism. But financial actors have actually gone from strength to strength since then, and fictitious capital is a bigger menace to global […]
What are financial assets worth in uninhabitable cities? Nothing. Robert Hunziker lives in Los Angeles and can be reached at rlhunziker@gmail.com. Cross-posted from Counterpunch Capitalism, like Antarctica and like the Amazon rainforest, is under threat of destruction by […]
Why should the left be concerned by the falling value of rich people’s stocks? Branko Milanović is an economist specialised in development and inequality. His newest book is “Capitalism, Alone: The Future of the System […]
Let’s see whether when it comes down to it, Von Der Leyen is really prepared to take on Silicon Valley and Wall Street. Read the article HERE.
The idea that the government is using “taxpayers’ money” when it spends limits spending options and marginalises sections of the population. Eric Tymoigne is an associate professor of economics at Lewis & Clark College and a […]
There’s reason to believe that the combination of high levels of public and private indebtedness combined with high interest rates could lead to financial trouble in the not-too-distant future. In Ann Pettifor’s Substack. Read the […]
‘Climate finance’ from the global north to the global south is just high-interest loans, sometimes tied to obligations to source materials for green projects from rich countries. In ‘Reuters’. Read the article HERE.
There seems to be little understanding among the EU political class about the signal this sends to governments and Central Banks across the world – that your money is not safe in Europe. Read the […]
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, […]
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