THE MILITARY RINGS ENCIRCLING CHINA ARE BEING REINFORCED. The Biden Kishida summit this week.

EXAMINING THE EQUALISATION OF THE RATE OF PROFIT BETWEEN 1987 AND 2021 USING BOTH FIXED AND CIRCULATING CAPITAL.

THE DAYS OF THE US TECH LEVIATHANS ARE DRAWING TO A CLOSE.

It is worth noting that Huawei, for the first time in 2022, broke into the ranks of the 10 ten corporations, both foreign and local, obtaining patents within the USA in 2022. https://www.huaweicentral.com/ibm-loses-first-time-in-10-years-huawei-enters-top-10-in-us-patent-race/

CAPITALISM IN THE 21st CENTURY THROUGH THE PRISM OF VALUE.CAPITALISM IN THE 21st CENTURY. More of a diamond than a prism.

Review of the recently published book authored by Guglielmo Carchedi & Michael Roberts.

A WINTER OF DISCONTENT OR DISORGANIZATION. Perspectives for Britain.

The reader is asked to pay particular attention to the cumulative loss in GDP from the end of 2019 to 2023 which could exceed the losses experienced by the British economy during the Great Depression from 1929 to 1934.

US OFFICIAL ECONOMIC DATA BECOMES MORE REALISTIC ROCKING THE MARKETS.

Over the last two months the markets have rallied with relief over prices stabilizing. They have not bothered to look past the reasons why prices have stabilized and even if they had done so, they would have been mollified by inflated official data. This week it changed. The disparity between official data and surveys had become too glaring. The negative economic releases this week were a reality check for the markets. From now on the markets will be driven by data and by earnings and little else. In this sense we have entered the ultimate phase of the collapse of the markets, the phase where the outlook for the economy and earnings dominates the markets.

COMMUNIST CREATIVITY FREED FROM THE CONSTRAINTS OF CAPITAL.

This article was inspired by a growing number of films and series based on the birth of a number of key Apps which have played such a large role in shaping our modern culture. More precisely they expose the torturous geneses of these Apps – the stages of deception, betrayal and dehumanization – they had to pass through to gain the approval of capital.

CAPITALISM, THE STATE AND IMPERIALISM. Categorizing China.

US LONG TERM RATE OF PROFIT, AND THE FALL IN THE QUARTERLY RATE UP TO Q3 2022.

GLOBAL PRODUCTION & EXPORTS UP TO SEPTEMBER 2022. Reviewing the latest edition of the CPB Global Monitor as well as recent data on the world economy.

Please Note: Michael Roberts has responded to the criticism of him over his China position in this article. “On China, it is not correct to say that I think China has ‘socialist characteristics’.  Or at least I would not put it that way.  For me, China is not a capitalist economy (yet) but is a transitional economy like the Soviet Union was or Cuba is.  But it is ‘trapped’ like they were (are) within the confines of imperialism globally and the lack of workers democracy domestically.  It is not socialist but also not capitalist.  Nothing is black and white.” My short reply was that this was to confuse the political superstructure with the economy which is market led and driven. Clearly this is one of the essential debates of our time, and I would suggest a possible Zoom meeting to thrash out the differences.