The short piece here is an update on the latest ideas of capitalist policy-makers to solve the intractable economic crisis (“slowdown in the world economy”) by means of “non-conventional…
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The impressive victory of the left Social Democratic Party SYRIZA and the terrible defeat of the outgoing neoliberal government forces (New Democracy and PASOK) who had signed the memoranda, [1]…
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Government policy for the last 35 years has largely been aimed at making us a nation of homeowners. The capitalist logic behind this was that if everyone had their own house they would have…
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As expected, on 29 December, the Athens Stock Exchange greeted the prospect of a January 25 general election with a drop of 4%, to add to 9 December’s fall, when it lost 12.7 %, dragging down…
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In the last week in May a conference of the great, and not so good, of the world capitalist system assembled at the opulent Mansion House in London. Their topic was “inclusive capitalism”. The…
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Today the press and TV are talking about the "flood" of liquidity that is almost drowning the world. However, until recently they were crying about the lack of liquidity that had given rise to the…
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At the start of the Eurozone crisis in 2010 we noted Europe was at a cross roads (1) - it could take the road of economic and political integration or the road to collapse of the Euro and with…
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Is the economic crisis over? Many capitalists think it is. World stock markets have been rising, some banks are trying to pay parts of their government bailouts back and investment banks are now…