Monthly Archives: June 2013

False Profit: How Paul Krugman’s Comments on Monopoly Distract From the Important Issues

Paul Krugman recently wrote a column for the New York Times in which he argued that profitability in contemporary capitalist firms in the US is presently coming from monopoly rent rather than from production. Krugman points to the growth of … Continue reading

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Nazism and Neoliberal Mythmaking, Part III: The Descent into Primitivism

In the first two parts of this series we saw first of all how Germany after the Second World War needed a reconstruction myth to sweep away the horrors of the Nazi past and yet, at the same time, avoid … Continue reading

Posted in Economic Policy, Economic Theory, Philosophy, Politics | 1 Comment

Nazism and Neoliberal Mythmaking, Part II: The State as Killer

In the first part of this series we laid out how those who wanted political power in post-war Western Germany sought out a myth with which they could at once wipe of the Nazi past and push their ideological line. … Continue reading

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Nazism and Neoliberal Mythmaking, Part I: German Reconstruction as State-Phobia

In a previous series of pieces about the origins of neoliberalism (available here: Part I, Part II, Part III and an interview) I put forward the idea that neoliberalism – and its extremist offshoot, libertarianism as represented by the Austrian … Continue reading

Posted in Economic Policy, Economic Theory, Philosophy, Psychology | 9 Comments