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May 08 2023 
Radikha Desai & Ben Norton: Capitalism’s inherent contradictions
Political economist Radhika Desai discusses the inherent contradictions in the capitalist mode of production: crises of overproduction, the tendency of the rate of profit to fall, and a trend toward monopolies and financialization.
She also explains the difference between classical political economy and neoclassical economics.
This is a discussion of chapter 2, “Capitalism as Contradictory… Continue reading
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May 08 2023 
The “Bloody Shakespearean” commentary on Michael Hudson’s interview with Ben Norton
With thanks to our writer, Jorge Vilches
Michael Hudson and I know each other somewhat and both share deep mutual respect. But we are not really “dear friends”, at least not in the Latin-culture sense which translated would mean we do not have a “family-type friendship bond ” or something to that extent. We haven´t ever… Continue reading
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Apr 17 2023 
Sanctions ‘undermine hegemony of dollar’, US Treasury admits
US Treasury Secretary Janet Yellen admitted to CNN that Washington’s unilateral sanctions on countries around the world “could undermine the hegemony of the dollar”.
From Ben Norton, Geopolitical Economy
The secretary of the US Treasury, Janet Yellen, has admitted that Washington’s imposition of unilateral sanctions on countries around the world could weaken the dominance of the dollar.
“There… Continue reading
