A few comments on Paul Krugman winning the so-called Nobel Prize for Economics. He may be left-of-centre and a Keynesian, but his economics are sadly very much neo-classical in nature.
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Author: Anarcho
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Review: After the New Economy
Review of an excellent book on the 1990s “New Economy” hype.
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Divided by time, united by hope
Review of two books on social struggle, one on the 1930s and one on the anti-globalisation movement.
A critique of an SWP attack on libertarian anti-capitalist protestors. Exposes the hypocrisy of Leninists attacking others as undemocratic as well as the impractical nature of their alternative.
A critique of an “anarcho”-capitalist attempt to steal the term syndicalism (like anarchism and libertarian by redefining it away from what it historically means). Ironically, the attempt shows why “anarcho”-capitalism is just not anarchist.
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Capitalism in crisis, again!
Some comments on the continuing crisis in the stock markets, discussing how economic ideology contributed to it and how capitalism has always been based on socialising costs and risk while privatising profits.
Credit crunch? Crunch capital! Why the stock market is a crazy way to organise an economy.
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Review: Debunking Economics
Debunking Economics: The Naked Emperor of the Social Sciences
Review of an excellent book on the weaknesses of neo-classical economics.
Why working class people need not pay the price of the mistakes of capital.
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Bakunin: Ignorance or Lies?
A short critique of a sadly typical Leninist account of Bakunin by a leading member of the British SWP.