Economics of Imperialism

Analysis of how the world economy works

Sunday, 28 June 2015

Greek Lessons

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Here are some points to consider when sorting through the news stories about Greece. The media coverage is naturally focused on day-to-da...
3 comments:
Friday, 12 June 2015

Making Things Does Not Make You Smile

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A pervasive economic euphemism is the 'value chain'. This neatly glides over what is meant by 'value' and simply notes, as f...
Wednesday, 10 June 2015

History and Change

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Modern humans originated some 200,000 years ago. Agricultural society began a little over 10,000 years ago, and brought the first forms o...
Wednesday, 3 June 2015

FIFA and World Power

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It is amusing to see the powerful fall down, but more interesting to see who pushed them over, especially when the ramifications highlight h...
Sunday, 10 May 2015

A Deeply Conservative Country

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I had not expected any good news from the UK general election. So I was pleasantly surprised to find that the Labour apparatchik and Sha...
6 comments:
Wednesday, 29 April 2015

Imperialism and Social Democracy

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This item is a response to comments made by 'Anonymous' on two of my blog articles earlier this month: Immigration and the Imper...
1 comment:
Wednesday, 22 April 2015

The Dead Sea

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The Mediterranean is becoming the new Dead Sea. Dead, not because of a lack of fish, but because of an abundance of human corpses. Hundreds ...
6 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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