PAUL DONOVAN applauds an intriguing multi-layered depiction, dominated by a stunning impersonation of Marilyn herself
Endgame: economic nationalism and global decline
Jamie Merchant, Reaktion, £15.95
JAMIE MERCHANT is media director for the Center for Progressive Strategy. He depicts the decline of capitalism, focusing on the US and British economies.
US real growth per head averaged 2.3 per cent from 1953 to 1973, 2 per cent from 1973 to 2007, and 0.7 per cent from 2007 to 2019. From 1950 to 1973, the world economy grew on average by 2.92 per cent per head, by 1.8 per cent from 1973 to 1990, then by 1.5 per cent, down to 1.2 per cent in 2019.
Growing instability in the US economy and financial markets could have serious consequences worldwide because of the central role of the US dollar and financial system, argues MICHAEL BURKE
Renewed illusions in social democratic reformism are sprouting as a result of Andy Burnham’s rhetoric, but material conditions are already intruding into the debate, argues NICK WRIGHT
Friedrich Merz’s call for a new Plaza Accord ignores how Washington’s 1985 currency ambush destroyed Japan without fixing US deficits — China, a sovereign socialist state with 1.4 billion consumers, cannot be bullied the same way, writes CARLOS MARTINEZ
The biggest strike in global history is a template for our future. The silence tells you all you need to know, writes CLAUDIA WEBBE



