2 Persons are tagged with #economics

#economics

wazoox@diasp.eu
Emmanuel Florac

There Is No Way Out for Europe. “Civilizations die from suicide, not by murder" | by B | Medium

#politics #economics #collapse

Now, that half of its zinc and aluminum smelters are off, together with 70% of its fertilizer production, it is absolutely no exaggeration to say, that Europe May See Forced De-Industrialization As Result Of Energy Crisis...

https://thehonestsorcerer.medium.com/there-is-no-way-out-for-europe-29183618dba3

There Is No Way Out for Europe

“Civilizations die from suicide, not by murder”

wazoox@diasp.eu
Emmanuel Florac

Capitalism’s Attack on Time & Nature - by Ann Pettifor

#politics #economics #environment #capitalism

Fisher used the apple tree as an example. The orchard that produces apples (i.e. will generate apples in the future) represents capital. But it is the value of the apples, not the tree or land the orchard rests on, that produces capitalism’s real value.

As value depends only on future capital gains, not the present nor the past, the value of the land can be discounted. If apples can’t be profitably sold in the future, then the orchard becomes redundant. Its ancient trees should be ripped up and the land turned over to a ‘productive’ crop more likely to ensure capital gains in the future.

That formula explains so much about capitalism’s destruction of nature.

https://annpettifor.substack.com/p/capitalisms-attack-on-time-and-nature

Capitalism’s Attack on Time & Nature

Why governments and big oil cannot face the future

wazoox@diasp.eu
Emmanuel Florac

Reckoning with Growth - by Steve Keen - The Ideas Letter

#economics #politics

Please do read this post and share it around. Though the book is not as aggravating as anything written by William Nordhaus or Richard Tol, it once again confirms that the last people on the planet to understand growth, let alone its ecological consequences, are Neoclassical economists.

https://theideasletter.substack.com/p/reckoning-with-growth

Reckoning with Growth

Oct. 3, 2024

1 Comments
wazoox@diasp.eu
Emmanuel Florac

What's Happening at Spruce Pine...? - by Ed Conway

#globalisation #economics

If you’ve read Material World you will already know all about Spruce Pine - a small town in North Carolina which, unbeknownst even to many residents, is one of the most important locations in the global economy, for a very simple reason. It is responsible for the production of the vast majority of the high purity quartz sand used to make the silicon wafers which go on to become semiconductors and solar panels.

https://edconway.substack.com/p/whats-happening-at-spruce-pine

What's Happening at Spruce Pine...?

One of the world's most important sources of a critical ingredient in silicon chip manufacture just went down. What happens next...?

One person like that
3 Comments
wazoox@diasp.eu
Emmanuel Florac

At least five interesting things to start your week (#50)

#politics #economics

Class struggle anyone ?

I think what we need here is to rediscover old modes of analysis — seeing politics through the lens of economic interests and cultural values, instead of simply as a conflict between identity blocs fighting over social supremacy.

https://www.noahpinion.blog/p/at-least-five-interesting-things-770

At least five interesting things to start your week (#50)

Permitting reform; industrial policy progress; China stimulus/bailouts; men and politics; wokeness; tariffs; a bad union demand

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wazoox@diasp.eu
Emmanuel Florac

America's supply chains are a disaster waiting to happen

#economics #globalisation

The price mechanism coordinating the activities of a system without central management is a wonderful miracle when it works, and—without exaggeration—one of the greatest achievements of human civilization. But systems—especially complex ones—often do not run successfully if left to the invisible hand of the market. Often, a guiding external hand of coordination or support by public institutions is needed.

https://www.noahpinion.blog/p/americas-supply-chains-are-a-disaster

America's supply chains are a disaster waiting to happen

A guest post by Yann Calvó López and Ben Golub.

One person like that
wazoox@diasp.eu
Emmanuel Florac

Key stages in the decline of academic Marxism

#economics #politics #Marxism

Of course this critique of Marxism is mostly wrong on many aspects, but it's at least honest (instead as being completely bunk as 99% of similar endeavours). It's somewhat similar to people criticising Darwin for not having a functioning genetic theory to try invalidating evolution.

https://josephheath.substack.com/p/key-stages-in-the-decline-of-academic

Key stages in the decline of academic Marxism

The fact that my previous post, on John Rawls and the death of Western Marxism, attracted several times more readers than anything I’ve previously published on Substack, forced me to acknowledge that, at a fundamental level, I have no idea what...