The IMF and the Coronavirus
…not precipitate the East Asian crisis. Capital inflows had fueled bank lending and asset prices had soared, while central banks were committed to fixed exchange rates. Once foreign investors became…
…not precipitate the East Asian crisis. Capital inflows had fueled bank lending and asset prices had soared, while central banks were committed to fixed exchange rates. Once foreign investors became…
…capital and labour that didn’t, whether or not the product or service was useful or necessary. One further refinement had to do with whether the labour produced reproductive surplus value…
…value for capital and labour that didn’t, whether or not the product or service was useful or necessary. One further refinement had to do with whether the labour produced reproductive…
…are also, provisionally, beyond the reach of the individual capitalist, who is thus compelled to actively pursue the conditions that will facilitate the creation of surplus value. The individual capitalist…
…capitalism. It is the unique characteristic of capitalism that it subordinates the performance of necessary labour to the production of surplus value. Thus, under capitalism, superfluous labour time takes on…
…largely resulted from greater exports of consumer goods, capital goods and automotive goods, which were partly offset by lower exports of foods, feeds and beverages…referencing the Full Release and Tables for…
…in that it illuminates, as Paul Burkett pointed out, “the parallel between capital’s extension of work time beyond the limits of human recuperative abilities [including social vitality], and capital’s overstretching…
Trump posted on his pseudo-twitter site: “I will make sure the U.S. is the Crypto Capital of the World.” He announced something he calls a US crypto strategic reserve. What,…
…on his mind. Also on Saturday, Trump launched new action against Washington, D.C. He has threatened to “federalize” the nation’s capital since the 2024 presidential campaign, and now has found…
…imports. Higher prices for nonfuel industrial supplies and materials and capital goods more than offset lower prices for automotive vehicles and foods, feeds, and beverages. Meanwhile, fuel import prices declined…