This is a very interesting report from Michael Roberts about a recent conference he went. The unifying platform of the conference was heterodox economics. Among the presentations he criticized were James Galbraith, Piero Sraffa, and Michael Hudson.
Is it useful to separate finance from industrial capitalism? Can capitalism today be meaningfully characterized as “neo-feudalism”? Is Michael right that we are in a capitalist crisis driven by the tendency of the rate of profit to fall?
Read in The Next Recession
