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.
What Prem Sikka writes is not only true for Britain, but for the rest of Europe as well. But beware:In Germany, where unions are well represented in boardrooms, union representatives often become as corrupt and […]
“It has never looked more likely that the UK will leave the EU without a deal. But there are still ways for Britain to avoid a no-deal Brexit”, claims the author. Unfortunately he does not […]
That we are ignoring an impending ecological disaster does not necessitate much intellect. That the use of GDP is contributing to this process is also no secret. As Jason Hickel points out, both have to […]
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