Thursday, 24/8/2017 | 1:03 UTC+1
Cesran International

Recent Articles

  • China: A Weird Beast

    In the light of all the controversy over whether the Chinese economy was about to collapse or suffer such a ‘hard landing’ that it would spill over into causing a new global recession, the recent conference of the International Initiative for Promoting Political Economy (IIPPE) was very apposite. In this year’s conference in Leeds, England,

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  • Robots and AI: Utopia or Dystopia? (II)

    In my first post on Robots and AI, I dealt with the impact of these new technologies on future employment and productivity. I raised the contradiction that develops within the capitalist mode of production between increased productivity achieved through new technology and falling profitability. In this second part, I want to consider the impact of

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  • Robots and AI: Utopia or Dystopia? (I)

    I did a recent post on Paul Mason’s new book, Postcapitalism, which argued that the internet, automation, robots and artificial intelligence were creating a new economy which could not be controlled by capitalism. According to Mason, new forces are at work that were replacing the old class struggle between capital and the proletariat, as Marx

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  • Predictions for 2015

    Making predictions or forecasts about a national or the world economy is fraught with failure. There are so many variables to consider and the data available are often inadequate and biased. But the main reason why economists are usually wrong with their forecasts and predictions is that mainstream economics has no real theory or laws

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  • Austerity, the Hardworking and the Feckless

    About two years ago, the current UK finance minister George Osborne commented that ‘hard-working people’ left for work every morning while ‘behind the blinds’ of the house opposite people on benefits were sleeping in. The ‘hard-working’ person was paying for the feckless “to stay at home and not work”. At the time, I wrote a

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