It seems that there are different paths that policy makers can take within a capitalist monetary economy. They can allow corporations to profit gouge at the expense of the workers and then turn on the workers (creating unemployment) or they oversee a system where all parties (workers and corporations) take real income hits as a result of imported price pressures and wait it out. Japan is in the second category to its credit.
James Moore in the Independent lamented that PFI is bleeding Britain’s National Health Service dry. Read here
When eurozone finance ministers recently issued a joint paean to the single currency on the occasion of the twentieth anniversary of the introduction of euro banknotes and coins, something remarkable happened: Nothing. No one joined […]
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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