Category Archives: Marxism

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 war between the US-led NATO group and Russia and the real war in Ukraine – Who is fooling who?

Russia: from sanctions to slump? The economic war between the US-led NATO group and Russia is hotting up alongside the real war in Ukraine itself.  In response to the invasion of Ukraine by Russia, the US and Europe have upped the … 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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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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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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The other 11th September! To remember – 48 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 Earth is a commodity for sale to the highest bidder!

Global warming: planning not pricing Carbon pricing and carbon taxes are now proposed by international institutions and mainstream economics as the main solutions to ending global warming and destructive climate change.  For some time, the IMF has been pushing for carbon … Les meir

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The Richest gets Richer when the Worlds Imperialist meets in UK

Imperialism meets in Cornwall This weekend, the leaders of the ‘free world’ are flying (and helicoptering) into Cornwall, at the tiny end of England, for the first physical meeting of the G7 nations.  As they increase the carbon footprint sharply through … Les meir

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