Three Colliding Problems Leading to a New Economic Disaster

Last week’s stock sell-off was merely the beginning of what’s to come.. The soaring stock market has been the crux of Donald Trump’s argument for the competence of his reign. It might be his favorite tweet subject, outside the “Failing New York Times.”Trump on Aug. 18: “Longest bull run in the history of the stock market, congratulations America!” Aug. 24: “Our economy is setting records on every front.” September 11th: “Where are the Democrats coming from? The best economy in the history of the country would totally collapse if they ever took control!”

Source: Three Colliding Problems Leading to a New Economic Disaster

History and Epochal Transitions? problems with ‘stages of production’ theory

Like a Cheshire cat the ‘eonic effect’ fades into shimmering background as an empirical series of epochal transitions replaces it, and stages of production theory…

September 26th, 2018 ·

History and epochal transitions?
March 26th, 2018 ·
The legacy of Marxism contains a rich load of potential tools but is marred by the confusions of theory that beset Marx (and Engels) and rendered their work overall a contradictory package in practice. Continue reading History and Epochal Transitions? problems with ‘stages of production’ theory