A review of Tony Benn’s 2005 TV programme on democracy. It points out the democracy has many meanings and can, and is, used to justify elite rule.
(more…)Articles and Reviews
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Review: Debunking Economics
Review of an excellent book on the weaknesses of neo-classical economics by post-Keynesian economist Steve Keen. An expanded second edition appeared a few years later.
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Review: After the New Economy
Review of an excellent book by Doug Henwood about the 1990s “New Economy” hype.
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Capitalism in crisis, again!
A few comments on the continuing crisis in the stock markets from the late 2000s, discussing how economic ideology contributed to it and how capitalism has always been based on socialising costs and risk while privatising profits.
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Credit Crunch: The return of depression?
An article from 2008 on the Global Financial Crisis and its roots within the inherent contradictions of capitalism.
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