Thu Mar 28, 2024
March 28, 2024

Economy

The Banking Crisis Tremors Continue

Last month, in the US as well as Europe, there have been new episodes of the international banking crisis which began around two months ago with the bankruptcies of...

The Crisis in the Banking System and the Possibility of a New Global Recession

The world is watching with great concern as the crisis in the banking system...

Why does the PSTU want to expropriate the billionaires?

The PSTU's programme in the national elections proposes the expropriation of the fortunes and...

When imperialism attacks, the workers and the oppressed of the world fight back!

Ecuador, Sri Lanka, Panama and Great Britain… When we write this article, the workers and...

Property rights in Chile’s new Constitution: the capitalist core remains in place

One of the most important points of any constitution is the right to property....

The G20 and the Cold War in Technology

Last weekend’s G20 summit in Osaka resolved nothing substantial in the ongoing trade and technology war that the US is now waging with China....

What leaves 2018 and what is coming in 2019 for our struggles

No one can deny that 2018 was an intense year. Imperialism and the national bourgeoisies have not ceased in their attacks, standing firm in...

Turkey: The beginning of the “Raki Effect”?

In 1994, the Mexican financial crisis had a strong international impact called the “tequila effect”. Currently, the crisis lived by the Turkish currency (lira)...

What Lies Behind Trump’s Threat of Trade War?

"We are like the piggy bank that everyone is robbing, but this is over." With these words, US President Donald Trump announced that his...

The underlying reasons for the Long Depression

There are two new mainstream papers out that offer some interesting analysis on the reasons behind the Long Depression that the major economies (or...

The underlying reasons for the Long Depression

There are two new mainstream papers out that offer some interesting analysis on the reasons behind the Long Depression that the major economies (or...

Forecast for 2017

It has now been eight years of what I have called a Long Depression, since the Great Recession started in January 2008 (see Recessions,...

Forecast for 2017

It has now been eight years of what I have called a Long Depression, since the Great Recession started in January 2008 (see Recessions,...

ASSA 2017 – part one: productivity and inequality

One of the main themes of this year’s annual conference of the American Economics Association, ASSA 2017, was whether capitalism was slowing down. Was...

ASSA 2017 – part one: productivity and inequality

One of the main themes of this year’s annual conference of the American Economics Association, ASSA 2017, was whether capitalism was slowing down. Was...

Testing Trumponomics

Before Donald Trump was elected, stock markets went down every time he improved in the public opinion polls.  Finance capital did not want him...

The Long Depression – an interview with Michael Roberts

Mark Kilian from de Socialist, a Dutch socialist journal, talked to me about my new book, the current economic stagnation, the prospects for another...

A new situation of political crisis opens in the UK

Post Brexit, a political crisis has deepened in the UK for both Labour and Tory parties. The majority vote was 52 percent with a...

China: myths and reality

There is an interesting debate to the interior of Marxist tendencies on the current nature of the Chinese State. There are different points of...