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China s rebalancing imperative

Stephen Roach explains why the Chinese authorities should switch to a consumption- and productivity-led growth model

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For Both Trump and Biden, the Old Economic Theories Don t Work Anymore

Both Trump and Biden are winging it when it comes to economic theory but so are economists, who have yet to get their theoretical house in…

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The Guardian view on globalisation s discontent: it s not right for poor countries to fund the rich | Editorial

<strong>Editorial:</strong> Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy

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Analysis: We Need Consensus On Growth And Job Creation

Analysis: We Need Consensus On Growth And Job Creation
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Money - Samuel Chambers

In this chapter taken from Capitalist Economics (2022), Samuel Chambers explains how the fetish of money works using credit-debt and value social relations. The chapter was expanded into the book Money Has No Value (2023). Both are highly recommended.

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