By Michael Roberts Back last November, the excellent Argentine Marxist economist, Rolando Astarita presented on his blog the case for ‘overproduction’ as the cause of
Category: Economics Archive
By Michael Roberts It’s one year since the self proclaimed ‘anarcho-capitalist’ Javier Milei became President of Argentina. He took power in a country where annual
By Michael Roberts Back to theory in this post. The law of the tendential fall of the average rate of profit (LTRPF) lies at the
By Michael Roberts Recently, there has been a spate of articles and commentary about ‘US exceptionalism’, namely that the US economy is bounding forward in
By Michael Roberts This blog was originally published by Michael Roberts on Friday, 29 November 2024. The original article can be found here. ************** The
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COP-out 29
By Michael Roberts There was a tortuous and painful end to COP29, the international climate change conference held in oil-rich Baku, Azerbaijan. The main issue
By Michael Roberts Marx is often famously quoted from Capital that “Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives
By Michael Roberts At this year’s Historical Materialism conference, I attended a session on what is called ‘fossil fuel capitalism’. Lukas Slothius from the LSE
By Michael Roberts Every year the Historical Materialism journal holds a conference in London. It is attended by (mostly) academics and students (mostly of a
By Michael Roberts As the FT put it: “In the end, it wasn’t even close. A presidential election long forecast to dance on a knife’s
