Category Archives: Capitalism

Michael Robert: Russia under Putin

In my last post, I described how Western capital is planning to take over and control Ukraine’s resources and exploit its labour force to the maximum in order to boost the profitability of both Ukraine’s domestic capitalists (oligarchs) and foreign … Les meir

Posta under Capitalism, Europa, Imperialism, Politic&Society | Merkt , , , , , | Kommenter innlegget

Michael Robert: Ukraine: the invasion of capital

Last week, Ukraine’s foreign private creditors agreed to the country’s request for a two-year freeze on payments on about $20bn of foreign debt.  This would enable Ukraine to avoid defaulting on its overseas borrowings.  Unlike other ‘emerging economies’ in debt … Les meir

Posta under Capitalism, Europa, Marxism, Politic&Society | Merkt , , , , , | Kommenter innlegget

The global economic order and recession

The global solution: private or public? Inflation, risk of global recession, growing inequality and rising debt for the global south, global warming, war – I could go on.  These are the fault-lines exhibited in the world economy in 2022.  What is … Les meir

Posta under Capitalism, Marxism, Our global world | Merkt , , , , | Kommenter innlegget

The fatal survival-kit of man in jeopardy

Climate change and wars As the ugly war in Ukraine drags on, with more lives lost and atrocities (apparently) committed, energy and food prices hit yet more highs.  The Food and Agricultural Organisation (FAO) of the UN publishes a monthly global … Les meir

Posta under Capitalism, Climate Change, Imperialism, Marxism, Our global world | Merkt , , , , | Kommenter innlegget

The end of dollar dominance?

The end of dollar dominance? Last summer when the US fled Afghanistan, I wrote a post on the history of US dollar dominance  I argued then that the US dollar would remain the dominant world currency for the foreseeable future, but that … Les meir

Posta under Capitalism, Imperialism, Marxism, Our global world | Merkt , , , , , | Kommenter innlegget

The economic stalemate in Ukraine and the war drums

Ukraine: trapped in a war zone As the drums of war sound for Ukraine, what will be the impact on Ukraine’s economy and the living standards of its 44m population, whether war is avoided or not?  I’ve posted on Ukraine several times … Les meir

Posta under Capitalism, Europa, Imperialism, Marxism, Politic&Society | Merkt , , , , | Kommenter innlegget

2014 – 2021: The seven warmest years on record!

WMO | State of Global Climate 2021 Record atmospheric greenhouse gas concentrations and associated accumulated heat have propelled the planet into uncharted territory, with far-reaching repercussions for current and future generations. This report finds the past seven years are on … Les meir

Posta under Capitalism, Climate Change, Environment, Our global world | Merkt , , , , , , | Kommenter innlegget

What will happen in world capitalism 2022?

Forecast for 2022 At the beginning of each year, I make an attempt to forecast what will happen in the world economy for the year ahead.  The point of making any forecast at all is often ridiculed.  After all, surely … Les meir

Posta under Capitalism, Marxism, Our global world | Merkt , , , , | Kommenter innlegget

Just some updates on greed by capitalists in 2021!

Care home company ships profits to Cayman Islands Profits head offshore The Troublemaker – Tue 14 Dec 2021 The private equity owner of HC-One, Britain’s largest care home provider, siphoned £5 million in tax‑free profits to the Cayman Islands while claiming extra ­government support … Les meir

Posta under Capitalism, Our global world, Politic&Society | Merkt , , , , | Kommenter innlegget

Significant fall in profitability continues in US-capitalism

The US rate of profit in 2020 Once again, it is time to look at what is happening to the rate of profit on capital in the US.  I do this every year and the official US data are now available … Les meir

Posta under Capitalism, Kapitalisme, Marxism, Marxisme, Our global world | Merkt , , , , , , | Kommenter innlegget