Category Archives: Economic Conflict

Much conflict has an economic basis, but also of course there is conflict that is directly economic: in ideas and policies

US and China Must Find Ways to Control Their Elites by Rana Foroohar

Excellent from the UK Financial Times: This is why I think the Democrats need to deeply understand economics and from that base built a new economics and a new economy: more equitable, more sustainable but grounded in the how value … Continue reading

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US Border Refugee Crisis

On the refugee crisis on the US southern border some causal data. 1) The US has been de-stabilizing Central America for 150 years with military and other interventions and Guatemala is the latest case 2) Climate change, for which the … Continue reading

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The Real Adam Smith: Jesse Norman

A fine article from the UK Financial Times by Conservative MP Jesse Norman: Capitalism In search of the real Adam Smith How would the father of modern economics reform 21st-century capitalism? Jesse Norman “Capitalism in flames, populism and nationalism on … Continue reading

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Society, Individual/Group Behavior and Private Property

I have recently been in some on-line debates on the above issue and thought the dialogue in one of them on the Real World Economics site worth posting: Part of the Comment I was responding to: “While there may be … Continue reading

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Beware What You Ask For: Peter Radford

Brilliant article in Real World Economics by Peter Radford on the current plutocratic mess: This has been a long and miserable time. Deluged daily by strange and almost surrealistic gyrations in Washington I decided to sit to one side and … Continue reading

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Russia, America and the Contest of Sick Systems: Gideon Rachman

A stellar article in today’s UK Financial Times by Gideon Rachman: the Last Man Standing Theory: Internal resilience, not external strength, will determine the century’s power struggles. What was Vladimir Putin thinking? Viewed from the west, the Russian president’s decision … Continue reading

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Karl Polanyi in Six Points by Asad Zaman

This is close to how I see economic history and our own situation. A brilliant summary by Asad Zaman in Real World Economics at https://rwer.wordpress.com/2018/02/17/polanyis-six-points/ Polanyi’s six points:     The analysis of Polanyi’s Great Transformation can be summarized in the … Continue reading

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