Regan Boychuk British, American, and Russian elites planned global domination through one great war a century ago, but it did not quite work out. Instead, today we approach a third world war to avoid democracy and the rational conservation of resources on a finite planet. It appears imperial monarchs were colluding in 1914 to vanquish […]
Continue ReadingKim, ‘Monetary Expansionism, Global Commodity Prices, and Global Inequality’
Abstract An early analysis of the imperialist implications of the surge of global commodity prices was conducted in 2014 by Jonathan Nitzan and Shimshon Bichler. However, their analysis did not consider how the US monetary and fiscal expansionist policies have contributed to the rise of global commodity prices. This article fills this gap. Arguably, under […]
Continue ReadingWas the Spanish Empire Not So Bad After All?
Originally published at joefrancis.info Joe Francis Revising our assessment of the Spanish empire is in vogue among economic historians. Most notably, Regina Grafe and Alejandra Irigoin (2006; 2008) have sought to revise the nature of the empire’s political economy. Their goal is to refute those who claim that the wealth gap between Anglo and Latin […]
Continue ReadingBichler & Nitzan, ‘The Scientist and the Church’
Abstract The Scientist and the Church is a wide-ranging biography of research, showcasing Bichler and Nitzan’s attempts to break through the stifling dogmas of the academic church and chart a new scientific cosmology of capitalism. Central to the authors’ work is the notion that capital is not a productive economic category but capitalized power, and […]
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