Economics of Imperialism

Analysis of how the world economy works

Tuesday, 20 December 2011

Europe's Crisis Measures

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It doesn't really matter what you think about the prospects of the euro system surviving long-term, or how much you might focus on the e...
2 comments:
Monday, 12 December 2011

Cameron, Merkozy & Europe

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The latest European summit to ‘save the euro’ did little to achieve that end. Instead it revealed the growing political divisions between t...
1 comment:
Saturday, 3 December 2011

Imperialism and the Law of Value

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It is rare that you stumble across a gem. But if you look carefully, the probability rises. A few weeks ago I came across one such gem...
Wednesday, 23 November 2011

Bunga Bunga Bund?

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Germany today held one of its regular auctions of government securities, an auction that turned into what was reported to be a ‘disaster’. ...
Tuesday, 8 November 2011

Law of Value versus Berlusconi, Papandreou

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The calculations of European politicians have come unstuck. Political favours, patronage, trusted allies and deals that worked to produ...
Tuesday, 1 November 2011

Historical Materialism 8th annual conference, London 10-13 November 2011

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In two weeks' time, the Historical Materialism journal will hold its 8th annual conference in central London. It will run over the cour...
Monday, 24 October 2011

British Imperialism Today

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For most commentators, British imperialism is a matter for the history books. It is neither polite, nor, it would seem, in the least accura...
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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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