Over years we have read how corporations have stopped investing, instead buying back shares to drive up the price of their, thus enriching the rich and the managers. Now they want us to bail them out, just like the banks in 2008.
Read here
Economics
Larry Elliot: Think our governments can no longer control capitalism? You’ve been duped
In reality there has been a class war, in which the right has spent decades using the state to undermine workers. We can fight back Read here
Economics
Bloomberg – Denmark: Companies that are registered in tax havens won’t be eligible for bailout
The Danish government has announced that companies which pay out dividends, buy back own shares or are registered in tax havens won’t be eligible for any of the state aid programmes. Read here BRAVE NEW […]
EU politics
Slugger O’Toole: The media’s inability to tear Corbyn down is no surprise to people in Ireland. Our media has been failing to tear Sinn Féin down for decades.
It is interesting to note that the media maybe never was omnipotent, but also that coporate media’s power is waning in Ireland as most everywhere else. Read here
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