Michael Roberts analysis a new study on Marx's law of profitability - highlighting an irreconcilable contradiction in the capitalist mode of production.
Tag: Analysis
Why real-world economics matters – Michael Roberts
Real world economics should be about understanding what is happening in the world around us: poverty, inequality, climate change... but mainstream economics does not deal with these issues well.
From a Sahm recession to global downturn – Michael Roberts Analysis
Michael Roberts' latest economic analysis on whether the US will be able to avoid a recession this year or next.
Wage restraint? We should be restraining corporate dividend payments instead – Jon Trickett MP
"Company bosses are choosing to maximise their profits by keeping wages down and are then paying out almost unprecedented sums in dividend payments" - Jon Trickett MP.
Hundreds join Grace Blakeley and John McDonnell to debate the cost of greed crisis
John McDonnell sat down with economist Grace Blakeley to talk about the cost-of-greed crisis and socialist ideas and solutions that are needed.
The UK economy: levelling down – Michael Roberts
While a ‘technical’ recession is no longer forecast for 2023, the BoE still expects stagnant output for next two years... and that may be the best outcome - writes Michael Roberts.
Central Banks continue to hike interest rates despite failure to significantly effect prices
"The banking crisis that emerged last March is still on the horizon again, as rising interest rates drive down the demand for loans and corporate bankruptcies rise."
Socialist economic policies explained. The alternative to never-ending cuts – Özlem Onaran.
What is the progressive policy agenda needed to tackle the crisis - Professor Ozlem Onaran asks what the green, caring and just transition we need would look like.
Deeper than ever, the crisis leaves capitalism out of breath – CADTM interview with Eric Toussaint
"Since 1945, there has never been a crisis on such a scale and with so many facets as the current crisis. The ecological crisis and its climate dimension are on a scale never seen before" - an in-depth interview political scientist Eric Toussaint.
A global debt disaster is on the horizon – Michael Roberts
The continual exploitation of the labour of the global south, through multi-national companies and financial institutions, has created a looming debt disaster. Analysis from Michael Roberts.