Germany funds much of its export surplus by exporting its own capital instead of investing it in its own nation. Much of this investment capital is either poorly invested or is lost. Thus being “export world champion” results in the own immiseration.
Richard Murphy: Amazon’s tax is not transparent – but politicians let them get away with it
What would multinational corporations like Amazon do without the EU political elite permitting it to rip off tyxpayers? Read here
James K. Galbraith – The Case for Strategic Price Policies
For four decades, mainstream economists have slammed the door on the idea that the US government might intervene to manage the prices of certain goods. But this reactionary mindset has no sound basis, and today’s […]
Socialist Worker: All defendants convicted in first International Rebellion group trial
Three activists from climate change direct action group Extinction Rebellion (XR) have been convicted after being arrested on protests earlier this year. They are the first activists to stand trial as a group from charges […]
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