social democracy
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The Strange Death of Social Democratic Britain
The UK’s first-past-the-post electoral system can have some remarkable results and is capable of enacting extraordinarily quick political revolution, as in the triumph then rapid fall from power of the great Liberal Party in the first quarter of the twentieth century. We are in such a moment now. Continue reading
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Keynes: socialist, liberal or conservative? by michael roberts
Crotty’s main contribution to economics has been to try and synthesise Marx and Keynes. This ended up with Crotty arguing in his 1985 article “The Centrality of Money, Credit, and Financial Intermediation in Marx’s Crisis Theory”, “that Marx’s vision of capitalist crises cannot be understood except in terms of the development of the credit and the financial… Continue reading
The New Dark Age 