David F. Ruccio — “In this interregnum morbid phenomena of the most varied kind come to pass”

In his Prison Notebooks, Antonio Gramsci wrote: “The crisis consists precisely in the fact that the old is dying and the new cannot be born; in this interregnum morbid phenomena of the most varied kind come to pass.”

The world is once again living an interregnum. It is poised between the failed economic model of recovery from the crash of 2007-08 and the birth of a new model, one that would actually work for the majority of Americans....

Occasional Links & Commentary
“In this interregnum morbid phenomena of the most varied kind come to pass”
David F. Ruccio | Professor of Economics, University of Notre Dame

See also

Fabius Maximus
New research reveals the people guilty of wrecking America!

Anatole Kaletsky — Trumping Capitalism?

Anatole Kaletsky summarizes some of the key analysis of where we are and likely outcomes of projected Trump policies.

Unfortunately, neither MMT, Post Keynesian, Institutionalist, Marxian or other heterodox views are included.

If the world is indeed at the point of an interregnum between forms of capitalism owing to the failure of the status quo version widely known as neoliberalism, would it not be logical to speculate that views other than  those held in the mainstream might hold relevant answers, especially in light of the impact of Bernie Sanders and Jeremy Corbyn's campaigns, the rise of both left and right parties in Europe, and the success of Chinese market socialism as the CCP incorporates capitalism into its Marxian system.

This would suggest that Anglo-American leadership is waning and the dominant worldview is shifting away from neoliberalism post-crisis.

Project Syndicate
Trumping Capitalism?

Anatole Kaletsky | Chief Economist and Co-Chairman of Gavekal Dragonomics, formerly a columnist at the Times of London, the International New York Times and the Financial Times, and author of Capitalism 4.0, The Birth of a New Economy