Economics of Capitalism

Production, overproduction and overproduction crises

Jon Britton

November 1, 2016

Author’s note: The following article was mostly written before Donald Trump became president-elect. His electoral victory if anything strengthens the thesis presented that imperialist governments, led by the U.S., will soon shift from a focus ...

8469

Economics of Capitalism

Further data on the role of the money commodity

Jon Britton

May 4, 2016

My earlier article, “Signs of a renewed general crisis of capitalism,” focused on the important role the money commodity gold continues to play in the world capitalist economy—and indirectly in shaping world politics. Understanding that ...

3047

Economics of Capitalism

Signs of a renewed general crisis of capitalism

Jon Britton

March 1, 2016

Introduction by author The following article presents a viewpoint on crises and long-term trends of the capitalist economy that differs in important respects from the views of most Marxist economists today. This viewpoint has been ...

5682

Economics of Capitalism

The Russian bond yield is soaring due to perceived risk.

‘Strong dollar’ de-stabilizes world economy

Jon Britton

December 11, 2014

Two major developments occurred in the global economy in early December that have drawn much commentary and analysis in the financial media.

2420

Economics of Capitalism

Federal Reserve seeks return to ‘normalcy’

editor

November 17, 2014

A “return to normalcy,” a return to the way of life before World War I, was U.S. presidential candidate Warren G. Harding’s campaign promise in the election of 1920. Republican Harding won the election, and ...

1979

Economics of Capitalism

Bill and Melinda Gates Foundation visitor center, Seattle, Wa.

The real agenda of the Gates Foundation

Jacob Levich

November 2, 2014

In 2009 the self-designated “Good Club” – a gathering of the world’s wealthiest people whose collective net worth then totaled some $125 billion – met behind closed doors in New York City to discuss a ...

10118

Economics of Capitalism

High education, low pay

editor

August 12, 2014

Economics behind abandonment of public education In elementary, middle and high school, students are told to study hard so they can get into college and be able to find a good job. While only a certain ...

2768

Economics of Capitalism

Welcome to ‘average prosperity’

Jon Britton

July 5, 2014

Since mid-2009 until May, the U.S. economy has been mired in a period of stagnation/depression, while an unusually weak recovery got under way.

2527

Economics of Capitalism

Capitalism and Unemployment — Why Are So Many People Jobless

admin

June 30, 2014

Featuring Richard Becker

6382

Economics of Capitalism

All capitalism is wage theft

editor

April 8, 2014

In mid-March, workers at McDonald’s in California, New York and Michigan filed lawsuits against the corporation for wage theft. The lawsuits reveal a clear pattern of abuse: paying below minimum wage; not paying legally required overtime; making workers ...

5449

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