The Polish economist Michał Kalecki (1899-1970) died some 45 years ago, unfortunately before he could reveal his thoughts on current developments in the Labour Party. He was famous for his refusal to join any political party, More
Tag: finance capital/capitalist oligarchies
Zakhar Popovych: Answers on the Workshop Questions
As Olexandr Kravchuk pointed Ukrainian oligarchic capitalism was not that much better before the 2008-2009 crises. Ukrainian economy was programmed for destruction More
Mathis Heinrich: The ECB and the Crises of the Eurozone
The European Central Bank (ECB) used to be a porotype of a politically, personally and financially independent institution with a strong ordo-liberal mandate. It duties were primarily focused on monetary stability, while others aspects such as financial issues More
Anej Korsika: Answers on the Workshop Questions
Short answer would be: everything has changed. Though dramatic changes that have occurred on almost all areas of social life can easily support such a bold claim, we still need to be weary of the very nature of such change. More
Judith Dellheim: (Again) On Capitalist Oligarchies
We can find such terms like „groups of elites“ or „ruling capital fractions“ in some posts on this blog. And reviewing the blogs for/of the previous EUexperts’ discussions, two remarks seem to be helpful: 1. the time, when the concept More