Category Archives: Capitalism

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

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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

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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

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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

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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

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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

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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

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Where will China go? Regulated state-owned or market economy?

Views on China The Chinese Communist party’s central committee recently held its sixth plenum, to discuss “the major achievements and historical experience” of the party in its 100-year-history, as well as to consider policy “for the future.”  Just after this, Jamie Dimon, the … Les meir

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What can «we» do to stop capitalism’s rampage?

Extinction Rebellion disrupts Lord Mayor’s parade in London as Cop26 fails by Sophie Squire – socialistworker.co.uk Sat 13 Nov 2021 Protests blocked the parade route (Pic: XR media) Extinction Rebellion (XR) disrupted the Lord Mayor’s show in the City of London … Les meir

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Report by the International Energy Agency – CO2 emissions increases substantially!

Global Energy Review 2021 CO2 emissions Global CO2 emissions declined by 5.8% in 2020, or almost 2 Gt CO2 – the largest ever decline and almost five times greater than the 2009 decline that followed the global financial crisis. CO2 … Les meir

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