Kohei Saito is an associate professor at Tokyo University and an erudite Marxist scholar. Not a candidate for a best-seller in the non-fiction book world, you might think. But you would be wrong in this case. Saito’s new book (currently in Japanese), which analyses the relationship between capitalism and the planet, has been a smash […]Saito: the metabolic rift and de-growth communism
Do ‘excessive’ wage rises lead to rising inflation and thus drive economies into a wage-price spiral? Back in 1865, at the International Working Men’s Association, Marx debated with IWMA Council member Thomas Weston. Weston, a leader of the carpenter’s union, argued that asking for increased wages was futile because all that would happen would be […]The wage price spiral refuted
the-hunt-for-truss-1Download The delusional Truss became the most short-lived Prime Minister in British history. Boris Johnson is trying to regain the Premiership. In the article I posed the question whether the populist wing of the Tory Party had been crushed or not? The answer is it has. Therefore, it is highly unlikely that Johnson will prevail […]IN THE MARKETS WE TRUSST. A Brief Review of the UK Government’s U-turn in the face of the BOE’s intransigence.