Each time this modern variant of financial capitalism gets ahead of itself, the main players – who are usually content pocketing excessive profits – always come running back for life support from the state.
The privatise the gains, socialise the losses story. Repeated.
A view in Monaco with yachts moored at Port Hercules during the 22th edition of the International Monaco Yacht Show. The Monaco Yacht Show is considered the most prestigious pleasure boat show in the world with the exhibition of 500 major companies in the luxury yachting and a hundred super and megayachts afloat. The event runs until September 22. (Valery Hache/Getty Images)
The Big Four tech giants control most of the world’s information flow, drug and food supply. Google and Facebook tried to manipulate the recent presidential election by prioritising, and sometimes burying content altogether. Throughout the […]
Farmers and lobby groups are split on an EU agricultural reform that may increase farmers’ incomes and consumers’ prices. A DW joint report reveals a rift between farmers and the groups purporting to represent them. […]
Wasn´t Juncker Prime Minister and Minister of Finances in Luxeburg at that time. Yes, the EU is really getting tough on mulitnationals and tax evasion. Read here
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