John Keeley
@duvinrouge.bsky.social
Trying to understand!
www.johnkeeley.com
www.johnkeeley.com
The fiat money system has allowed central bankers to keep postponing the depression at the cost of an even bigger future crisis.
As the price of gold indicates, they now risk the debasement of their currencies & so hyperinflation accompanying depression.
www.counterfire.org/article/depr...
As the price of gold indicates, they now risk the debasement of their currencies & so hyperinflation accompanying depression.
www.counterfire.org/article/depr...
Depression and creative destruction
Michael Roberts explains why cheap credit and debt for corporations has led to the long depression we've experienced since 2008
The latest economic activity indicators called purchasing managers in...
www.counterfire.org
November 3, 2025 at 3:27 AM
The fiat money system has allowed central bankers to keep postponing the depression at the cost of an even bigger future crisis.
As the price of gold indicates, they now risk the debasement of their currencies & so hyperinflation accompanying depression.
www.counterfire.org/article/depr...
As the price of gold indicates, they now risk the debasement of their currencies & so hyperinflation accompanying depression.
www.counterfire.org/article/depr...
Sam Williams' analysis on the creation of Israel in Palestine:
critiqueofcrisistheory.com/palestine-2/
critiqueofcrisistheory.com/palestine-2/
Palestine
On October 9, a new ceasefire in Gaza was announced. The last one took effect in January 2025 as Donald Trump assumed office. Many hoped this was the end of the Gaza genocide. In March, the genocid…
critiqueofcrisistheory.com
October 31, 2025 at 7:58 AM
Sam Williams' analysis on the creation of Israel in Palestine:
critiqueofcrisistheory.com/palestine-2/
critiqueofcrisistheory.com/palestine-2/
54 years ago an experiment began: an international monetary system based upon the fiat money of King$.
It nearly collapsed in 1980 & Volcker had to save the $.
The high interest rates ushered in financialisation.
The West deindustrialised as production shifted to the cheap East.
It nearly collapsed in 1980 & Volcker had to save the $.
The high interest rates ushered in financialisation.
The West deindustrialised as production shifted to the cheap East.
October 5, 2025 at 5:09 AM
54 years ago an experiment began: an international monetary system based upon the fiat money of King$.
It nearly collapsed in 1980 & Volcker had to save the $.
The high interest rates ushered in financialisation.
The West deindustrialised as production shifted to the cheap East.
It nearly collapsed in 1980 & Volcker had to save the $.
The high interest rates ushered in financialisation.
The West deindustrialised as production shifted to the cheap East.
"There is only one movement on Earth capable of turning these dangerous and destructive trends around on behalf of humanity as a whole: the global movement toward socialism"
monthlyreview.org/2025/06/01/t...
monthlyreview.org/2025/06/01/t...
Monthly Review | The Trump Doctrine and the New MAGA Imperialism
In this third installment of MR’s series on the MAGA movement, John Bellamy Foster explores the dramatic shift in U.S. imperialism that began with the first Trump presidency and has accelerated in his...
monthlyreview.org
June 10, 2025 at 9:57 AM
"There is only one movement on Earth capable of turning these dangerous and destructive trends around on behalf of humanity as a whole: the global movement toward socialism"
monthlyreview.org/2025/06/01/t...
monthlyreview.org/2025/06/01/t...
The owners of capital (capitalists), who we have to sell our labour power to, extract more value from us than they pay us. This is the source of profit. It is exploitation just as much as lords exploited serfs, it is just hidden, to some extent anyhow, by money.
Where Does Profit Come From? | John Keeley
trying to understand!
www.johnkeeley.com
May 31, 2025 at 10:29 AM
The owners of capital (capitalists), who we have to sell our labour power to, extract more value from us than they pay us. This is the source of profit. It is exploitation just as much as lords exploited serfs, it is just hidden, to some extent anyhow, by money.
The CPC understand the law of uneven development.
They got the West to help them develop their productive forces at their own expense.
Trump doesn't understand the law of uneven development, & that it cannot be reversed.
Now for the international monetary system to reflect this.
They got the West to help them develop their productive forces at their own expense.
Trump doesn't understand the law of uneven development, & that it cannot be reversed.
Now for the international monetary system to reflect this.
May 28, 2025 at 11:59 AM
The CPC understand the law of uneven development.
They got the West to help them develop their productive forces at their own expense.
Trump doesn't understand the law of uneven development, & that it cannot be reversed.
Now for the international monetary system to reflect this.
They got the West to help them develop their productive forces at their own expense.
Trump doesn't understand the law of uneven development, & that it cannot be reversed.
Now for the international monetary system to reflect this.
We need a political movement to bring about participatory democracy, necessary for the collective control of the economy, where empowering & mundane tasks can be shared, humanity can implement ecological sustainability, & imperialism & war can be consigned to history.
May 16, 2025 at 9:12 AM
We need a political movement to bring about participatory democracy, necessary for the collective control of the economy, where empowering & mundane tasks can be shared, humanity can implement ecological sustainability, & imperialism & war can be consigned to history.
Socialists, & Starmer clearly isn't one, need to explain what drives mass migration.
On the demand side that has always been cheap labour to increase profits for the rich few.
On the supply side it's wars over resources, & climate change, e.g. harvest failures.
On the demand side that has always been cheap labour to increase profits for the rich few.
On the supply side it's wars over resources, & climate change, e.g. harvest failures.
May 13, 2025 at 8:58 AM
Socialists, & Starmer clearly isn't one, need to explain what drives mass migration.
On the demand side that has always been cheap labour to increase profits for the rich few.
On the supply side it's wars over resources, & climate change, e.g. harvest failures.
On the demand side that has always been cheap labour to increase profits for the rich few.
On the supply side it's wars over resources, & climate change, e.g. harvest failures.
80 years ago Britain helped defeat the Nazis who had committed genocide.
Today, the British government actively supports Nazis committing genocide.
Today, the British government actively supports Nazis committing genocide.
May 8, 2025 at 8:03 AM
80 years ago Britain helped defeat the Nazis who had committed genocide.
Today, the British government actively supports Nazis committing genocide.
Today, the British government actively supports Nazis committing genocide.
Was Japan selling US T-Bills in the recent market disruption & could it do so again?
www.wsws.org/en/articles/...
www.wsws.org/en/articles/...
Warning that Japan could play debt “card” in tariff war
The Japanese auto industry stands to lose billions as a result of the US tariff war which is creating what the country’s prime minister has said is a “national crisis.”
www.wsws.org
May 7, 2025 at 8:20 AM
Was Japan selling US T-Bills in the recent market disruption & could it do so again?
www.wsws.org/en/articles/...
www.wsws.org/en/articles/...
Common ownership by definition requires democracy.
Capitalism cannot allow economic democracy, just the fake democracy of 'representatives'.
Increasing numbers don't fall for that anymore.
Capitalism cannot allow economic democracy, just the fake democracy of 'representatives'.
Increasing numbers don't fall for that anymore.
May 5, 2025 at 8:41 AM
Common ownership by definition requires democracy.
Capitalism cannot allow economic democracy, just the fake democracy of 'representatives'.
Increasing numbers don't fall for that anymore.
Capitalism cannot allow economic democracy, just the fake democracy of 'representatives'.
Increasing numbers don't fall for that anymore.
The rich elite are the problem.
The Tories have always be for them.
Labour are now for them.
And Reform are for them too.
The people need a political movement to take on the rich elite & establish democracy.
The Tories have always be for them.
Labour are now for them.
And Reform are for them too.
The people need a political movement to take on the rich elite & establish democracy.
May 2, 2025 at 8:11 AM
The rich elite are the problem.
The Tories have always be for them.
Labour are now for them.
And Reform are for them too.
The people need a political movement to take on the rich elite & establish democracy.
The Tories have always be for them.
Labour are now for them.
And Reform are for them too.
The people need a political movement to take on the rich elite & establish democracy.
The end of King $ & with it US imperialism?
www.wsws.org/en/articles/...
www.wsws.org/en/articles/...
Dollar crisis dominated discussions at IMF meeting
Regulators, government officials and investors would like to think the present financial turbulence is a passing phase, that “normalcy” could return, but they fear a fundamental shift has taken place.
www.wsws.org
April 30, 2025 at 12:10 PM
The end of King $ & with it US imperialism?
www.wsws.org/en/articles/...
www.wsws.org/en/articles/...
Reading Greta's book.
There's a good understanding of the problem & what needs to be done.
But most environmentalists don't seem to understand how the profit system traps us & that the state is the capitalist state.
Capitalism must end if we want to tackle climate change.
There's a good understanding of the problem & what needs to be done.
But most environmentalists don't seem to understand how the profit system traps us & that the state is the capitalist state.
Capitalism must end if we want to tackle climate change.
April 30, 2025 at 10:10 AM
Reading Greta's book.
There's a good understanding of the problem & what needs to be done.
But most environmentalists don't seem to understand how the profit system traps us & that the state is the capitalist state.
Capitalism must end if we want to tackle climate change.
There's a good understanding of the problem & what needs to be done.
But most environmentalists don't seem to understand how the profit system traps us & that the state is the capitalist state.
Capitalism must end if we want to tackle climate change.
The difference between use-value & exchange-value.
The difference between wealth & labour time.
The world needs a much lower human population.
Capitalism cannot permit that.
Only socialism gives us the opportunity to build an ecologically sustainable society.
The difference between wealth & labour time.
The world needs a much lower human population.
Capitalism cannot permit that.
Only socialism gives us the opportunity to build an ecologically sustainable society.
April 23, 2025 at 5:01 PM
The difference between use-value & exchange-value.
The difference between wealth & labour time.
The world needs a much lower human population.
Capitalism cannot permit that.
Only socialism gives us the opportunity to build an ecologically sustainable society.
The difference between wealth & labour time.
The world needs a much lower human population.
Capitalism cannot permit that.
Only socialism gives us the opportunity to build an ecologically sustainable society.
Evolution gave humanity the tribal instinct.
The ruling class, previously feudal lords now capitalists, use it in the distorted of nationalism.
All to suppress the workers sense of class struggle.
socialistworker.co.uk/teach-yourse...
The ruling class, previously feudal lords now capitalists, use it in the distorted of nationalism.
All to suppress the workers sense of class struggle.
socialistworker.co.uk/teach-yourse...
Can Marxism help us understand nationalism?
“You know what I am? I’m a nationalist, ok?" Donald Trump’s appeals to nationalism are one of the few consistent things about United States president.
socialistworker.co.uk
April 16, 2025 at 10:08 AM
Evolution gave humanity the tribal instinct.
The ruling class, previously feudal lords now capitalists, use it in the distorted of nationalism.
All to suppress the workers sense of class struggle.
socialistworker.co.uk/teach-yourse...
The ruling class, previously feudal lords now capitalists, use it in the distorted of nationalism.
All to suppress the workers sense of class struggle.
socialistworker.co.uk/teach-yourse...
Stealing Russian $ reserves.
Blowing up Nordstream.
Trump tariffs.
Perhaps the world will finally end the reign of King $ as world money & build a new international monetary system to free themselves from US bullying.
Blowing up Nordstream.
Trump tariffs.
Perhaps the world will finally end the reign of King $ as world money & build a new international monetary system to free themselves from US bullying.
April 11, 2025 at 9:48 AM
Stealing Russian $ reserves.
Blowing up Nordstream.
Trump tariffs.
Perhaps the world will finally end the reign of King $ as world money & build a new international monetary system to free themselves from US bullying.
Blowing up Nordstream.
Trump tariffs.
Perhaps the world will finally end the reign of King $ as world money & build a new international monetary system to free themselves from US bullying.
More Fed $ printing to buy up US govt debt means more inflation & more increases in interest rates, which requires more $ printing...& so King $ dies as 'world money'.
April 9, 2025 at 2:17 PM
More Fed $ printing to buy up US govt debt means more inflation & more increases in interest rates, which requires more $ printing...& so King $ dies as 'world money'.
Neo-liberalism is the ideology of finance capital, who control industrial capital. Central to this ideology is the free movement of capital. Hence the shift of production to the cheap labour East, as investment bankers don't care where their profits come from.
April 4, 2025 at 9:32 AM
Neo-liberalism is the ideology of finance capital, who control industrial capital. Central to this ideology is the free movement of capital. Hence the shift of production to the cheap labour East, as investment bankers don't care where their profits come from.
Can the rest of the world liberate itself from the $ as 'world money'?
April 3, 2025 at 9:37 AM
Can the rest of the world liberate itself from the $ as 'world money'?
The end of the era of globalisation is really the end of the era of US world hegemony.
March 26, 2025 at 11:14 AM
The end of the era of globalisation is really the end of the era of US world hegemony.
American world hegemony is dying...at last!
March 24, 2025 at 4:55 PM
American world hegemony is dying...at last!
There can be no freedom, nor democracy all the time a few own the economy & the vast majority have to sell their labour power to them.
March 21, 2025 at 9:58 AM
There can be no freedom, nor democracy all the time a few own the economy & the vast majority have to sell their labour power to them.
Most economists, think growth is possible because they don't have the correct theory of value, & so the ability to understand that aggregate market prices are inflated above their value equivalent by leverage from the credit system.
March 20, 2025 at 10:09 AM
Most economists, think growth is possible because they don't have the correct theory of value, & so the ability to understand that aggregate market prices are inflated above their value equivalent by leverage from the credit system.