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Showing posts with the label "Anglo-American capitalism"

U.S. and U.K. and Covid-19

Is it a coincidence that the two pioneer states of the most aggressive form of "neoliberal" capitalism at home and abroad in the last 40 years or so are so far the most affected by the coronavirus? How the Anglo-American model failed to tackle the coronavirus
"Stolen  [by Grace Blakeley] leads the reader through the various periods of Anglo-American capitalist development from 1945 to the Great Recession of 2008-9 and beyond.  And it finishes with some policy proposals to end the thievery with a new (post-financialisation) economic model that will benefit working people. This is compelling stuff. But is Blakeley’s account of the nature of modern Anglo-American capitalism and on the causes of recurring crises in capitalist production correct? An accessible read/economics made simple Theft or exploitation — a review of Grace Blakeley's  Stolen   Related: It's not just profitability