Category Archives: Marxism

Not Surprisingly the Capitalists want Business as Usual back – But, NO WAY!

Returning to normal? – By Michael Robert The recent release of the US jobs data for May, which apparently showed a reduction in the unemployment rate from April, sparked a sharp rally in the US stock market. And if you … Les meir

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Will National States Save Capitalism, Once Again?

The post-pandemic slump The coronavirus pandemic marks the end of longest US economic expansion on record, and it will feature sharpest economic contraction since WWII. The global economy was facing the worst collapse since the second world war as coronavirus … Les meir

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The Big Excuse of Capitalism and Stock Markets: The Covid-19

It was the virus that did it By Michael Roberts – March 15, 2020 I’m sure when this disaster is over, mainstream economics and the authorities will claim that it was an exogenous crisis nothing to do with any inherent flaws … Les meir

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Capitalists don’t worry about COVID-19 – They worry about capitalism itself!

Disease, debt and depression By Michael Roberts As I write the coronavirus epidemic (not yet declared pandemic) continues to spread.  Now there are more new cases outside China than within, with a particular acceleration in South Korea, Japan and Iran.  Up to … Les meir

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Capitalism and Corona

G20 and COVID-19 The finance ministers and central bankers of the top 20 economies in the world met this weekend in Riyadh, Saudi Arabia.  The G20 finance summit had a lot to ponder.  First, there was the coronavirus epidemic.  Would … Les meir

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Money or life!

Money or life! Posted on desember 3, 2013 by ivarjordre Ill: http://commons.wikimedia.org/wiki/File:In_India_the_main_criticism_is_that-_Socialism_for_the_rich_and_capitalism_for_the_poor.jpg In our world today about one billion people are starving and around three billion lives for 2, 5 dollar or less a day. The countries particularly in the … Les meir

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It’s not a question of ending thievery but ending capitalism!

Theft or exploitation?- a review of Stolen by Grace Blakeley by michael roberts All our wealth has been stolen by big finance and in doing so big finance has brought our economy to its knees.  So we must save ourselves from big … Les meir

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The other 11th September! To remember – 46 years!

4 Things to Remember About Chile’s 1973 Coup June 26 marked the birthday of former president Salvador Allende, who died in the coup. Salvador Allende, the iconic left-wing leader and one of Chile’s best known presidents, was born on this … Les meir

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The misconception between Neoliberalism and Capitalism

Neoliberalism: not so bad? by michael roberts I don’t really like the term «neoliberal» because it is used lazily as an alternative to pro-capitalist policies or even to the word «capitalism» itself. In doing so, it causes confusion in explanations about trends … Les meir

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The World Economy on the Edge of Crisis?

From amber to red? by michael roberts Today’s news that the German economy, the powerhouse of Europe, had narrowly avoided a «technical recession» in the second half of 2018 is another red light flashing for the world economy.  In 2018, German real … Les meir

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