Michael Roberts blog
Blogging from a Marxist economist
Recent Analysis
The frontiers of value
Güney Işıkara and Patrick Mokre have published an insightful book that explains how Marx’s theory of value operates to explain the trends and fluctuations in modern capitalist economies. Called Marx’s Theory of Value at the Frontiers – Classical Political Economics, Imperialism and Ecological Breakdown, the title tells the reader that the book is about taking…
Argentina: the chainsaw breaks down
Last week US Treasury Secretary Scott Bessent offered a $20bn swap line to Javier Milei’s government in Argentina and pledged to buy its bonds, as the Trump administration moved to shore up its ideological ally. The measures temporarily halted a rout in Argentine foreign exchange and bond markets triggered by the rapid depletion of the…
The UN at 80: ignored and irrelevant
The 80th edition of the United Nations General Assembly (UNGA 80) opened yesterday in New York. The theme this year is: ‘Better together: 80 years and more for peace, development and human rights’, highlighting the urgency of delivering on the Sustainable Development Goals (SDGs) and reinvigorating ‘global cooperation’. When the United Nations was born in San…
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