By Michael Roberts Last summer when the US fled Afghanistan, I wrote a post on the history of US dollar dominance. I argued then that
Category: Economics Archive
By Michael Roberts The Russian invasion of Ukraine grinds agonisingly on with more dying and displaced and with further destruction of Ukrainian cities, farms and
Wages, Prices and Profit (also known as “Value, Prices and Profit”) was written by Karl Marx in 1865, just as his main work “Capital” was
By Michael Roberts “The war in Ukraine is like a powerful earthquake that will have ripple effects throughout the global economy, especially in poor countries”.
By Michael Roberts There has been a huge exodus of Ukrainians into neighbouring countries fleeing the war in their country- three million and counting. Just
By Michael Roberts One of my basic theses about modern capitalism is that since 2008, the major capitalist economies have been in what I call
By Michael Roberts In South Korea’s presidential election, held every five years, the conservative candidate, Yoon Suk-yeol of the People Power Party gained a narrow
By Michael Roberts In several previous posts, I have highlighted what are called ‘zombie’ companies (companies whose regular profits do not even cover the cost
by A Pollock The cost of living has become a talking point and is now picking up energy. We have all heard the economic forecasts
By Michael Roberts The economic war between the US-led NATO group and Russia is hotting up alongside the real war in Ukraine itself. In response
