This is exactly what we have been warning about. Firms, that pay little tax, generously support their rentier shareholders and expect the taxpayers to then bail them out.
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Economics
Yanis Varoufakis: Marx predicted our present crisis – and points the way out
Yanis Varoufakis turns to the Communist Manifesto and finds turth, solace, and inspiration. Highly recommended. Read here
Climate Crisis
City Lab: ‘Uber Was Supposed To Be Our Public Transit’
Innisfil, Ontario, decided to partially subsidize ride-hailing trips rather than pay for a public bus system. It worked so well that now they have to raise fares and cap rides. Read here
Austerity
Yanis Varoufakis: Merkel’s Comeuppance is Europe’s – and the World’s – Misfortune
Yanis Varoufakis is right, he predicted the results of Germany’s austerity policy years ago. But the Germans, with their typical hubris, did not listen. They know better. If you are wondering why the EU’s political […]
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