theory

I've been taking a break and reading some Macroeconomics, some Anwar Shaikh, and some Geopolitics lectures by Desai and Hudson. I wish I could have contributed to the Super-Imperialism discussions, but I felt like I needed to do some background readings to improve my understanding of concepts like foreign exchange, etc.

I also have some new thoughts about what is Money. There are plenty of debates even amongst Marxists (you can sense big tensions between Shaikh's theory and the MMT-related theories of Desai and Hudson), but I am building my own working understanding. I know we are past money now in our Capital discussion, but I find this interesting to go back to and think about.

I also have some notes written down about Input Output tables and calculating values using them. I know that others here, like quark (spelling? - I'm really sorry!) disagree with the use of Input-Output tables and are of the TSSI school - so not everyone will agree with or find Input Output tables useful. But 1.) I like the 1000 flowers bloom approach, 2.) Dialog of competing frameworks is always good and 3.) I am an optimist who thinks that there can be convergence of sorts, each is a perspective that can improve the other.

But... it may not all be relevant for a Capital discussion. But always interested in wherever our political economy discussion lead!

Let's go!