Mike Norman Economics

The three quotes above are from, respectively: 1. William Godwin 2. Charles Wentworth Dilke 3. Karl Marx. There was a very pronounced influence of Godwin on Dilke and of Dilke on Marx (hence indirectly of Godwin on Marx). My research suggests that viewing Marx's work from the perspective of Dilke's major influence reveals both hidden strengths and weaknesses in Marx's critique of political economy....Leisure is freedom. "Capitalism" has greatly increased freedom, although unequally. But it's...

 There are two different creation stories in the Bible, and they are quite different to each other. Joel Baden believes that the people that put the Bible together deliberately wanted it to be ambiguous, so that meaning could be a matter of interpretation. Joel Baden (Professor of Hebrew Bible Yale University) spoke at the 2013 Nantucket Project. Nearly 80 percent of all Americans think the Bible is either literally true or is the inspired word of God. And yet, most Americans have no idea...

[embedded content]Sorelle Amore - This company owns the world, (and it's our fault) - BlackRock

 The Democrats won the election with a number of popular policies, but the corporations don't like them, so they have been watering them down. The US is run by an oligarchy, says Michael Hudson, and is probably a failed state. Now we have people from the coal industry designing climate change policies. The Biden Administration is intertwined with Wall Street but must deliver some election promises to workers. Michael Hudson joins Paul Jay on theAnalysis.news[embedded content]Analysis News -...

 Climate change deniers are pushing 'Climate Lockdown' conspiracy theories - a term they invented. They know the lockdowns have been unpopular, so they are tagging their conspiracy theories onto them, hoping people will reject proposals to combat climate change. I've noticed some people on the populist left talking about climate lockdowns too. Today US Vice-President Kamala Harris is travelling to Lake Mead in Nevada to talk up the President’s climate agenda. It’s the biggest reservoir in...

Located on the edge of the Pearl River, the 138-metre Guangzhou Circle was designed by Di Pasquale of Milan studio AM Project to provide an iconic headquarters for Chinese companies Guangdong Hongda Xingye Group and GDPE Guangdong Plastic Exchange. [embedded content]GDPE Landmark Building - Reunion Mansion - Guangzhou - China[embedded content]The Guangzhou Circle, China

India Punchline (US preparing for a three-front war with China, Russia, and Iran, ie., a suicide mission. But, hey, ka-ching for the MICIMATT/Military-Industrial-Congressional-Intelligence-Media-Academia-Think-Tank complex.)Biden gets predictability in Russia tiesM. K. Bhadrakumar | retired diplomat with the Indian Foreign Servicehttps://www.indianpunchline.com/biden-gets-predictability-in-russia-ties/TASS (Stating the obvious — except to the oblivious)The existing model of capitalism has...

In recent exchanges on Marx and MMT, one question has concerned the capacity of government spending to encourage private investment and promote employment. Some Marxists appear to regard MMT as incompatible with Marx on this question. My own view is that Marx and MMT are compatible, both in general and on this particular question, and that the contributions of both, when viewed together, hold an important long-term social implication. What follows is a set of remarks outlining my position....

This is permitted? What could go wrong? Zero Hedge"We Could Not Ignore It Anymore" - Houston Firefighters Pension Fund Piles Into CryptoTyler Durden

 Erdogan gets it. Rate hikes are inflationary since raising rates raises prices, according to MMT.Middle East EyeTurkey's Central Bank stuns markets with strong rate cut amid soaring inflation