Tag 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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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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Small Investors Hits Big Hedge Funds Hard on Wall street!

Stop the game – I want to get off! Michael Roberts Blog ‘Hedging’ used to be a way reducing the risk of selling or buying.  Farmers waiting for their harvest to come in are uncertain about what price per bushel they … 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 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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BIG (Bandits, Insiders and Grabbers) Crisis, Bankers and the State of Capitalism – II

The Fed’s star-gazing August 26, 2018 US Federal Reserve Chairman Jerome Powell spoke at the annual Jackson Hole symposium on Friday.  This annual symposium brings together all the top central bankers in the world who hear papers by mainstream economists on the … Les meir

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BIG (Bandits, Insiders and Grabbers) Crisis, Bankers and the State of Capitalism – I

Crashed: more the how, than the why August 24, 2018 Adam Tooze was in London this week to present his new book, Crashed, How a decade of financial crises changed the world. Tooze is the author of The Deluge and The Wages … Les meir

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