MARIA DUARTE, LEO BOIX and ANGUS REID review Brides, Dead of Winter, A Night Like This, and The Librarians
Latest editorial
Illusions of the Ponzi circus
WILL PODMORE takes issue with a faulty analysis of capitalist crisis that cannot see the wood for the trees
BRIDGE OVER TROUBLED WATERS: Farmers have parked their tractors on a small bridge over a highway in Frankfurt, Germany on January 26 2024
![REBELS: Ebada Hassan and Safiyya Ingar in Nadia Fall’s powerful debut feature Brides [Pic: IMDb]](https://msd11.gn.apc.org/sites/default/files/styles/desktop/public/2025-09/round%20up%20web_0.jpg.webp?itok=41xI6jhN)
MARY CONWAY recommends an early Shakespearean tragedy that feels so contemporary that it mirrors our daily news
A ghost story by Mexican Ave Barrera, a Surrealist poetry collection by Peruvian Cesar Moro, and a manifesto-poem on women’s labour and capitalist havoc by Peruvian Valeria Roman Marroquin
DAVID NICHOLSON recommends a dazzling production of Bernstein’s opera set in a world where chaos and violence are greeted by equanimity
MARY CONWAY is frustrated by a new play that loses its drama amid the moral dilemma of re-settling children in the aftermath of WWII
Acclaimed as a masterpiece when it premiered, this study of story-telling in an Irish pub more than lives up to expectations, says MARY CONWAY
SYLVIA HIKINS relishes a comedy that dives deep into Liverpool’s divided loyalties
You always hurt the one you love: central banks and the murder of capitalism
Bernard Connolly
Unicorn, £30
BERNARD CONNOLLY is the excellent economist who wrote the brilliant critique of the euro, The Rotten Heart Of Europe. In this fine book, he analyses what he calls “the global Ponzi scheme” that is present-day capitalism.
He acknowledges that “there has been extractive behaviour (what Marxists would call exploitation) on a massive scale... What has happened in Western economies in this century in terms of financial crises and massive inequalities of income and particularly, wealth, can appear to validate Marxist predictions.”
As he notes, Marx believed that crisis was inherent in the nature of capitalism and wanted the crisis to be resolved by instituting a socialist system. Friedrich von Hayek, by contrast, believed that recurrent crises in capitalism were caused not by the nature of private property but by monetary mismanagement, and wanted crises to be resolved in a way that preserved capitalism.
More from this author
WILL PODMORE welcomes the case put by a feminist, disentangling the abusive rhetoric of the trans rights debate
WILL PODMORE welcomes a timely and clear-eyed account of both Nato and Britain’s fatal role in the process that led to war in Ukraine
WILL PODMORE peruses a new history of the opening weeks of conflict between Nazi Germany and Soviet Russia
WILL PODMORE recommends an excellent and useful introduction to a lesser-known giant of the scientific revolution in Britain
