globalisation
-
Globalization or Nationalism: A False Choice?
We live in a system of competing nation-states immersed in a global economy. This is an unworkable combination. A global economy requires cooperation based on common interest, while competition among nations assumes conflicting interests. Continue reading
-
Has globalisation ended?
Wednesday, 27 April 2022 — Michael Roberts Blog michael roberts Apart from inflation and war, what grips current economic thought is the apparent failure of what mainstream economics likes to call ‘globalisation’. What mainstream economics means by globalisation is the expansion of trade and capital flows freely across borders. In 2000, the IMF identified four Continue reading
-
Burning Globalist Structures to Save the Globalist ‘Liberal Order’
Biden, finally, has his foreign policy ‘success’: Europe is walling itself off from Russia, China, and the emerging integrated Asian market. In its triple strike of sanctions on Russia, the EU initially was not looking to collapse the Russian financial system. Far from it: Its first instinct was to find the means to continue purchasing its energy needs (made all there… Continue reading
-
The State Strikes Back
10 April 2021 — theplanningmotivedotcom the-state-strikes-back.pdf Just a few years ago, at the height of globalisation, International Trade Treaties that were being negotiated included laws binding on participating countries with enforcement devolved to offshore havens. Failure to comply would entail facing unavoidable financial penalties set offshore. This was the ultimate goal of neo-liberalism, to strip Continue reading
-
“Your Economics Professor is almost Certainly a Charlatan: A review with commentary of ‘My Mis-Education in 3 Graphics’,” a film by Mary Filippo
This fifty-eight-minute film will interest anyone who has taken a college-level course in economics, especially those who were baffled by the professor’s pronouncements but too insecure or embarrassed to ask an obvious question. Filmmaker Mary Filippo began in 2004 to audit economics classes in the hope that she could “learn something about globalization. Does it… Continue reading
-
Post-Pandemic Economic Scenarios: China & Europe (Interview #2)
This past April, in the midst of the surging pandemic and collapsing US economy, I was interviewed by three sources in Europe for a US perspective on the events. The following is the second part of an interview with Polish social commentator, Konrad Stachnio, that will appear in a collection of interviews later this summer.… Continue reading
-
Global Capitalism, “World Government” and the Corona Crisis
The COVID-19 crisis is marked by a public health “emergency” under WHO auspices which is being used as a pretext and a justification to triggering a Worldwide process of economic, social and political restructuring. Continue reading
-
Mike Davis on pandemics, super-capitalism and the struggles of tomorrow
What are the underlying political, economic and environmental structures that paved the way for this global outbreak? Where do pandemics emerge from? Is our capitalist way of life biologically sustainable? Continue reading
-
Coronavirus – The Decline Of New Cases Continues – Economic Ripples Begin To Emerge
22 February 2020 — Moon of Alabama China is making more progress in the fight against the novel coronavirus while other countries see increased problems. Meanwhile the global economic damage that the epidemic causes is slowly coming into view. Continue reading
-
World Systems and Capitalism: Immanuel Wallerstein’s Legacy by Dr Binoy Kampmark
“The dead albatross that hangs around our neck is our legacy of arrogance, racism. And we must struggle to atone, to reconstruct, to create a different historical system.” So wrote the late sociologist and thinker Immanuel Wallerstein in unequivocal tones of repentance on Europe’s legacy, its “oldest disgrace.” Continue reading
-
MODERN MONETARY THEORY or MAINSTREAM MONETARY THEORY?
The discussion on how to respond to the deepening Crash of 2019 is focusing minds. It is recognised that interest rate manipulation and regular quantitative easing will not suffice to bring the global economy back into growth, especially now that international trade is so fractured. Increasingly main-stream economists are dabbling with the direct injection of… Continue reading
The New Dark Age 