The New Dark Age

'Socialism or Barbarism'

rate of profit

  • The US rate of profit in 2021

    Every year, I analyse the US rate of profit on capital.  This is because the US data is the best and most comprehensive to use and because the US is the most important capitalist economy, often setting the scene for trends in global capitalism.  We now have the data for 2021 (that’s as far as… Continue reading

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  • GERMANY WHERE NEXT? Q2 DATA INCLUDING RATE OF PROFIT

    The German Federal Statistical Office (Destatis) has released its estimates for the second quarter of 2022 allowing the preparation of tunrover and profits for the non-financial sector in Germany. Following this fundamental analysis of the German economy comment will be made on Germany’s prospects given that it and Britain are most at risk from current… Continue reading

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  • THE US ECONOMY IN 2019. “THROUGH THE LOOKING CLASS”

    This article not only examines turnover in the US economy during Quarter 3, but, includes an analysis of the composition of funding making up circulating capital. For the first time the contributions made by internal funds (provided by profit) and external funds (provided by bank credits) can be analysed, because the turnover formula yields circulating… Continue reading

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  • Blue Wave, Red Tide

    2 November 2018 — Anti-Capital EDITORIAL It’s November, and here in the US in the even-numbered years between Halloween and Thanksgiving, we indulge in mid-term elections for the House of Representatives, parts of the Senate, some governors, etc. etc. Continue reading

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