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  • Monthly Review Essays
  • | China Africa friendship continues to flourish on vaccine trade renewable energy | MR Online

    Xi’s third term – part one: growth, investment and consumption

    Originally published: The Next Recession on October 16, 2022 (more by The Next Recession)  |

    China’s Congress of the Communist Party takes place this week. 

  • | Trickle down economics | MR Online

    Trickle down economics

    Originally published: The Next Recession on September 30, 2022 (more by The Next Recession)  |

    The UK government’s economic policies under new PM Liz Truss have caused a stir among, not only leftists, but also among mainstream economists.

  • | Human Development Index | MR Online

    Life expectancy and human development in the 21st century

    Originally published: The Next Recession on September 11, 2022 (more by The Next Recession)  |

    Life expectancy is one of the best measures of human development. 

  • | Chinas Stock Market Value Hits Record High | MR Online

    Is China headed for a crash?

    Originally published: The Next Recession on July 21, 2022 (more by The Next Recession)  |

    So, is this the moment of collapse in the Chinese model of development and the end of all that talk about ‘moving towards socialism’ etc? Many Western experts think so.

  • | Automated Workers Floating glass Photo Wikimedia Commons | MR Online

    The Future of Work (Part 3) – automation

    Originally published: The Next Recession on July 4, 2022 (more by The Next Recession)  |

    In this third part of my series on the future of work, I want to deal with the impact of automation, in particular robots and artificial intelligence (AI) on jobs. I have covered this issue of the relationship between human labour and machines before, including robots and AI.  But is there anything new that we can find after the COVID slump?

  • | Thousands of workers in this factory assembling and testing fiber optic systems In many places of the Chinese economy human labor replaces automation in contrast to Japan for example Photo Steve JurvetsonFlickr | MR Online

    The Future of Work (Part 2) – working long and hard

    Originally published: The Next Recession on June 22, 2022 (more by The Next Recession)  |

    In the first post of my Future of Work series, I looked at the impact of working from home and remote work which has mushroomed since the COVID pandemic.

  • Inflation wages versus profits | MR Online | Median Wage Company | MR Online

    Inflation: wages versus profits

    Originally published: The Next Recession on May 9, 2022 (more by The Next Recession)  |

    Prices of commodities can be broken down into the three main components: labour costs (v= the value of labour power in Marxist terminology, non-labour inputs (c =the constant capital consumed, and the “mark-up” of profits over the first two components (s = surplus value appropriated by the capitalist owners). P = v + c + s.

  • | Graph 1 | MR Online

    World inequality

    Originally published: The Next Recession on December 8, 2021 (more by The Next Recession)  |

    The world has become more unequal in income and wealth in the last 40 years. That’s according to the World Inequality Report 2022.

  • | Spending as of GDP | MR Online

    The year of the pandemic

    Originally published: The Next Recession on March 11, 2021 (more by The Next Recession)  |

    So maybe not just one year of the pandemic.

  • | Abundent vaccine supply | MR Online

    COVID vaccines: calling the shots

    Originally published: The Next Recession on November 25, 2020 (more by The Next Recession)  |

    Before the COVID-19 pandemic engulfed the world, the big pharmaceutical companies did little investment in vaccines for global diseases and viruses.

  • | COVID InfectionsDeaths | MR Online

    COVID 2021: More calamity ahead?

    Originally published: The Next Recession on November 15, 2020 (more by The Next Recession)  |

    The death rate from these new infections may be lower than in the first wave last March-April, but hospitalizations are reaching new peaks in the U.S. and parts of Europe.

  • | | MR Online

    Debt disaster with no escape

    Originally published: The Next Recession on October 12, 2020 (more by The Next Recession)  |

    According to the IMF, about half of Low Income Economies (LIEs) are now in danger of debt default.  ‘Emerging market’ debt to GDP has increased from 40% to 60% in this crisis.

  • | IMF family Photo Wikimedia Commons | MR Online

    The IMF smokescreen

    Originally published: The Next Recession on October 18, 2020 (more by The Next Recession)  |

    Global emissions fell by 8.8 per cent in the first half of this year amid restrictions on movement and economic activity owing to the coronavirus pandemic, according to a new report.

  • | Covid levels | MR Online

    COVID and the trade-off

    Originally published: The Next Recession on October 22, 2020 (more by The Next Recession)  |

    Sweden has a relatively low level of urbanisation, is away from continental Europe and has a population prepared to apply social distancing with some discipline, the cumulative COVID death rate in Sweden is not far short of Italy and Spain, and is way higher than its Nordic neighbours, Denmark, Finland and Norway, which did impose early and much stricter lockdowns.

  • | Gorham Manufacturing Company 1886 | MR Online

    Engels’ pause and the condition of the working class in England

    Originally published: The Next Recession on March 15, 2020 by Michael Roberts Blog (more by The Next Recession)  | (Posted Mar 19, 2020)

    Engels was just 24 years old when he wrote the Condition. He had already developed left-wing ideas when he was despatched to England at the end of 1842 to work in the family firm of Ermen and Engels, manufacturers of sewing thread in Manchester.

Monthly Review Essays

  • Extractivism in the Anthropocene
    John Bellamy Foster | Dio Cramer | MR Online

    Late Imperialism and the Expropriation of the Earth.

Lost & Found

  • End of Cold War Illusions
    Harry Magdoff | F 16N Fighting Falcon | MR Online

    In this reprint of the February 1994 “Notes from the Editors,” former MR editors Harry Magdoff and Paul M. Sweezy ask: “The United States could not have won a more decisive victory in the Cold War. Why, then, does it continue to act as though the Cold War is still on?”

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