This is a wonderful in-depth Marxian overview of 2023 and Michael Roberts’ projections for 2024. Despite the stock market closing high, we must keep in mind that the market gyrations of financial capital have little to do with the real economy.
The manufacturing sector of Mordor has been in a 20 year slump. There has been no growth in real national income. The US retail sales are down. It is only IT technological investment that has boomed. Michael’s projections for 2024 include presidential elections, not only in Mordor, but around the world.
Read in The Next Recession
