Economics of Imperialism

Analysis of how the world economy works

Sunday, 20 July 2014

Ukraine, Gaza, Imperial Hypocrisy

Widely reported evidence suggests that pro-Russian rebels in Eastern Ukraine shot down Malaysian flight MH17 with a missile, resulting i...

Tuesday, 15 July 2014

BRICS Building

Nobody wants to be one of the PIIGS, but membership of the BRICS is highly valued. Both acronyms were devised in the City of London, the...

Friday, 6 June 2014

Bitcoin: a Digital Alternative?

I first paid little attention to Bitcoin, thinking that there are probably more Elvis Presley impersonators than there are people in the...

Tuesday, 3 June 2014

Robots and the Organic Composition of Capital

This week, London's Financial Times has decided to get back to what it is good at and report on some interesting economic develop...

Saturday, 10 May 2014

Pfizer's Bid for AstraZeneca

A huge US pharmaceuticals company, Pfizer, wants to buy a huge UK pharmaceuticals company, AstraZeneca, for £63bn, possibly more. Is the...

Wednesday, 16 April 2014

Marx and the Princess

I thought I knew a lot about Karl Marx's life, having read several biographies detailing his genius, his carbuncles, his scrounging ...

Wednesday, 2 April 2014

Rational Paranoia

The old joke has it that you may be paranoid, but that doesn't mean that people are not out to get you. In Russia's case, a look at...

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About Me

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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