Category: Political Economy News & Commentary

A delicate moment | Michael Roberts Blog … this is actually a big deal for the Australian election and its aftermath

A delicate moment | Michael Roberts Blog … this is actually a big deal for the Australian election and its aftermath

IMF chief economist, Gita Gopinath reckoned the global economy had entered “a delicate moment”. She offered a decisive insight: “If the downside risks do not materialize and the policy support put in place is effective, global growth should rebound. If, however, any of the major risks materialize, then the expected recoveries in stressed economies, export-dependent…

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Fine Dining and Class Warfare … Australian Style

Fine Dining and Class Warfare … Australian Style

Sticking up for Big Hungry Profiteering Over the past few days various media reports have highlighted the delicious connections between fine dining, wage theft and class warfare. Starting in reverse order, we had the Financial Review reporting former BHP Chairman Don Argus railing against the ‘silly’ class war being waged by the ALP. Putting aside…

Davos Forum 2019 – working out how to keep the 90% under control despite everything

Davos Forum 2019 – working out how to keep the 90% under control despite everything

https://thenextrecession.wordpress.com/2019/01/22/davos-and-the-liberal-order/ I think this, by Michael Roberts, is a pretty good summary of what the Davos Forum, now underway on the ski slopes in Switzerland, is up to this year.The one per-centers who are there are focused on how to make sure that the twin crises of climate change and inequality across and within nations…

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