Many commentators keep falling into the trap of saying that history is repeating itself – meaning that it is the 1970s over again. I maintain my position that this is not akin to what was going on in the 1970s although there are similarities – energy price rises accompanying war, etc. And if we make the same mistakes that were made in the 1970s now, then not only will the inflation persist but millions of workers will lose their jobs and their incomes.
In short order, the COVID-19 pandemic forced us to recognize that our capitalist economic system privileges second-order priorities like wealth at the expense of first-order ones like health. The question now is whether we will […]
There was little progress at the meeting of EU energy ministers with regard to plans to limit the prices of Russian gas. Member states failed to find a mechanism that could overcome the differences deriving […]
Coalition talks in The Hague could set precedent for EU The Netherlands has traditionally opposed looser budget rules Read here
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