The EU Cannot and Will Not Save May

In the last week or so, middle class journalists and pundits have been promoting the idea that the EU will come to the rescue of Theresa May, and her Chequers proposals. The hook upon which they hang this hope is statements by EU negotiator Michel Barnier, and by…

Tracking The Crisis of 2008 — The Great Recession

THE GREAT RECESSION

Tracking The Crisis of 2008 — Introduction

INTRODUCTION

It is the tenth anniversary of the collapse of Lehman Brothers. In this series of posts, I set out how, from the start of this blog, in 2007, I tracked the conditions that were leading up to the financial…

Tracking The Crisis of 2008 — Fictitious Capital Eats Real Capital — Part 1

Paul Mason’s Postcapitalism — A Detailed Critique — Chapter 9(3)

Abundant Scarcity

Paul then continues his Malthusian vision of the immediate future, by discussing the projections of a growing global population, and the effects of that population…