Economics of Imperialism

Analysis of how the world economy works

Monday, 25 January 2016

The City: London and the Global Power of Finance

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My new book, The City: London and the Global Power of Finance , will be published by Verso Books on 12 April 2016. Below I note reviews ...
1 comment:
Friday, 22 January 2016

Oil Prices, Equities and Debt

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Equity markets have begun 2016 with the biggest falls on record, while the price of a barrel of oil dropped below $30. This is more than...
Thursday, 14 January 2016

Jerusalem. No, the One in England

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In another example of the English sense of humour, while the world is on fire, news has come that the British Parliament might debate whethe...
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:
Wednesday, 9 December 2015

The Wisdom of Social Media

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Half an iPhone conversation, overheard on a London bus: ‘I was thinking of getting that jacket, but didn’t like the feel of the mate...
Wednesday, 2 December 2015

The Dogs of War: Syria and the Middle East

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International crises can have the effect of making clearer what is going on in the world. At least, that is a potential benefit, althoug...
1 comment:
Saturday, 14 November 2015

Developing Marxist Theory

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In some recent events, I have given my views on world developments and heard what others have had to say. One theme of these was Marxist...
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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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