Economics of Imperialism

Analysis of how the world economy works

Showing posts with label Turkey. Show all posts
Showing posts with label Turkey. Show all posts
Tuesday, 18 June 2019

The Promised Land

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Palestine really was the Promised Land. So much so that it was promised to three different groups within a couple of years. [1] The pr...
Friday, 7 April 2017

Trump, Syria & the Middle East

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The US has hit Syria’s Shayrat military air base near Homs with 59 Tomahawk cruise missiles. Whether there is any more to come nobody ca...
Monday, 25 April 2016

Economic Power and Corruption

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In an aphorism often quoted, Lord Acton remarked that “Power tends to corrupt and absolute power corrupts absolutely”. [1] But what...
1 comment:
Wednesday, 13 January 2016

Saudi Arabia and Imperialism

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Saudi Arabia has been a major player in Middle East politics. It backed the 2013 overthrow of the Moslem Brotherhood in Egypt, since the...
3 comments:
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About Me

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Tony Norfield
I use the term ‘imperialism’ in the classical sense to describe the system of domination in the capitalist world economy. Liberal commentary is more open these days to some notion of imperialism. But usually it is another country that is being imperialist, especially the US, and not the home country. The focus on the US is understandable, but ignores the role that a number of other countries play in the system, not least the UK. If we uncover this too, we will get a better analysis of what is really going on in the world. I am based in London and my academic training is in economics and mathematics. I worked for 8 years as an economic consultant, and for close to 20 years in bank dealing rooms in the City, latterly as Executive Director in charge of analysing global FX markets for a major European bank. I have travelled to some 40 countries on business. At present I am researching imperialism and the world economy. I want this blog to generate informed debate & discussion. Comments are welcome. Nobody has all the answers; anyone can make mistakes. But that is no excuse for being an idiot and not seeking the truth.
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