Michael Roberts argues that the big "bailouts" of financial institutions have exposed the fallacy behind the "free market" ideologies which have dominated British and American political and economic systems for the past thirty years.
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About Michael Roberts
Michael Roberts argues the present economic slump is merely the first stage of a long-term deflationary depression.
Michael Roberts on why the present economic crisis demonstrates the vulnerability of "free market" capitalism.
In the wake of the collapse of Lehman Brothers, Michael Roberts examines the present financial slump.
Twelve months on from the beginning of the current economic crisis, Socialist Appeal's Michael Roberts examines the causes and effects of the so-called "Credit Crunch".