In Germany long-term price stability has meant suppression of wages. This has enabled its mercantilist policy, which has been so disastrous for the euro-nations.
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EU politics
Chris Dillow: ON CAPITALIST HEGEMONY
Do neo-liberal structures have a stranglehold on democracy? In the case of Greece we found out that it does. How can this be broken, asks Chris Dillow. Read here
Austerity
Fitch Wire: Italy’s Weaker 2022 Growth Offsets Improved Fiscal Starting Point
Economist keep warning of this, but Germany keeps pressuring for austerity for ideological reasons, which reduces growth resulting in recession and unemployment. Not that we do not know that. But what the EU hegemon wants, […]
Climate Crisis
Corporate Europe Observatory: Lobbying and the Ukraine Crisis
The terrible events unfolding in Ukraine as a result of Putin’s invasion mean suffering and misery for millions. The ramifications will not just be felt in Ukraine and Russia, but across Europe and the globe […]
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