Wednesday, May 08, 2019

Economist Michael Roberts argues that the fall in the rate of profit is the ultimate cause of capitalist crises. 


THENEXTRECESSION.WORDPRESS.COM
The first Historical Materialism conference held in Athens was very well attended – making it the biggest of such events in southern Europe and with mostly younger attendees. As is usual with HM c…

Oct 4, 2016 - Since then, the US rate of profit has been static or falling. And fourth, since about 2010-12, profitability has started to fall again. Finally, the fall in ...


Marx defined the rate of profit as the ratio of profit to investment. A long-term feature of capitalism has been the tendency for this rate of profit to fall - for booms to ...
In the early part of the 19th century the economist Ricardo had his own simple idea about the falling rate of industrial profit. Essentially his idea was that there is ...
HT COLIN SMITH


TRUMP GIVES NEW MEANING TO CASINO CAPITALISM




#BREAKING: Trump was up early tweeting his first response to the NYT bombshell tax story.
It didn't go well.

RAWSTORY.COM
President Donald Trump angrily insisted he reported staggering business losses to avoid paying higher taxes — and numerous other social media users wondered if he’d accidentally admitted to a felony.


RAWSTORY.COM
President Donald Trump offered angry excuses for the staggering losses revealed in his tax returns from more than two decades ago.

A LAW FOR THE 1% 
AND A LAW FOR THE REST OF THE 99%


SCHEER HYPOCRISY

Take a look at the sign on this table - at Sheer's big speech in Montreal!
NOPE NOT HIS CLIMATE CHANGE POLICY THAT WILL COME IN JUNE 
A YEAR AFTER HE ANNOUNCED IT
NOPE THIS WAS MORE WASTE OF DEAD CAPITAL

The Conservative leader's foreign policy speech was a grab-bag of old party favourites - minus the specifics






Bold Alliance
22 hrs
"The Riot Boosting Act is different. It creates a fund specifically dedicated to going after individuals, groups, and organizations outside of the state that it believes are “riot boosting.”
Could someone leading 500 people in a chant at a pipeline protest where five people end up getting in an altercation with police be considered to have “encouraged” a riot?
Could someone sharing details of a protest—time, place, what to wear, etc.—on his or her Facebook page be seen as “advising” rioters?
Those are exactly the sorts of questions that South Dakota and TransCanada want pipeline opponents to be asking themselves. Their hope is that fear of legal repercussions, no matter how tenuous, will keep these people silent, at home, not watching as projects like Keystone XL further degrade our environment and threaten the health and heritage of entire communities."

THERE ARE 13 STATES IN AMERICA THAT STILL ALLOW CHILD MARRIAGE
DON'T WORRY ABOUT THE MYTHICAL SHARIA LAWS WORRY THAT
IN MODERN DAY AMERICA THERE ARE SO CALLED CHRISTIANS DOING THIS

The Conversion of Georg Lukács

Born-again communist, Hungarian revolutionary, Marxist heretic — Georg Lukács was condemned from all sides during his time. Perhaps that's why he's perfect for ours.



MIDGE URE AND ULTRAVOX