With dpressed wages the question was, how can workers buy the products that capitalists produce when they had so little money in their pocket? The answer: credit.
Related Articles
Thomas Piketty: Social-nativism, the Italian nightmare
September 18, 2018
Mathew D. Rose
Austerity, Economics, EU politics, EU-Institutions, Finance, National Politics, Neo-Liberalism in the EU, Racism, Tax
0
Piketty brings together two simple phenomena: a neo-liberal EU resulting in a neo-liberal/far-right success – in this case in Italy. Read here
Corporate Europe Observatory: Lobbying Fortress Europe – The making of a border-industrial complex
February 5, 2021
Mathew D. Rose
Corruption, EU politics, EU-Institutions, Lobbying, National Politics, Racism, Regulation
0
The massive expansion of the budget, personnel, and powers of the EU’s border agency Frontex has also seen increasingly privileged access for industry. This perpetuates a vision of border control based on more and more […]
Jonathan Portes: Austerity really has hit poor people hardest – the figures prove it
Still another study proving that austerity hits the poorest the hardest in the UK – and everywhere else for that matter. How many more such studies do we need before something changes. Under the Tories […]
Be the first to comment