Tag Archives: Michael Roberts

Following below is the video recording of the PANEL 8. ‘Capitalist Accumulation and the Financialisation Hypothesis: a Critical Review‘, that took place during the 15th WAPE Forum. The chair and discussant of the panel was Lefteris Tsoulfidis (Professor of History of Economic Thought, Department of Economics, University of Macedonia, Thessaloniki, Greece). The panelists were: Stavros Mavroudeas (Vice Chair of the World Association for Political Economy, Professor of...

The Revista Nueva Realidad organised on 12-6-2021 a webinar. It theme was ‘Basics of Marxist Economics: Marx’s Law of Value’. Michael Roberts (economist), Abelardo Marina Flores (prof. of Economics, Autonomous Metropolitan University) and Stavros Mavroudeas (prof. of Political Economy, Panteion University) gave the seminar. My presentation follows below: [embedded content] View this document on Scribd The video recording of the webinar can be assesed via the...

A Marxian economist looks at Piketty. Bella CaledoniaCapital in the 21st Century by Thomas PikettyBook Review by Michael Roberts Cross posted from Brave New Europe.

Are the faults of capitalism curable, or are they instead symptoms of a chronic disease? This is the question posed by Martin Wolf: What we increasingly seem to have…is an unstable rentier capitalism, weakened competition, feeble productivity growth, high inequality and, not coincidentally, an increasingly degraded democracy. There is much to admire in this piece. But I fear it understates the problem with capitalism.... Falling rate of profit?Stumbling and MumblingThe trouble with...

It is now clear that to most observers that the use of monetary policy to stimulate major changes in economic activity in either direction is fraught. Central bankers in many nations have been pulling all sorts of policy ‘rabbits’ out of the hat over the last decade or more and their targets have not moved as much or in many cases in the direction they had hoped. Not only has this shown up the lack of credibility of mainstream macroeconomics but it is now leading to a major shift in policy...

As the 200th anniversary of Marx’s birth gets closer, a host of conferences, articles and books on the legacy of Marx and his relevance today are emerging – including my own contribution. The most interesting was a speech last week by the governor of the Bank of England, Mark Carney in his homeland of Canada.... Michael Roberts BlogMarx 200: Carney, Bowles and VaroufakisMichael Roberts See also The Guardian — The Long ReadYanis Varoufakis: Marx predicted our present crisis – and points...