Why the conventional tools of the Phillips Curve, NAIRU, potential output, and money-supply growth are useless Cross-posted from INET ntroduction The word “unemployment” has a precise technical meaning, with origins in the industrial economy of […]
Real earnings down for the third consecutive year in 2022. German workers once again supporting German mercantlism by accepting wage cuts. Read Here
Diversity is important. But diversity, when devoid of a political agenda that fights the oppressor on behalf of the oppressed, is window dressing. Chris Hedges is a Pulitzer Prize-winning journalist who was a foreign correspondent […]
The ECB’s decision on 2 February to raise interest rates again by 0.5 percentage points and to announce an equally large increase for March will go down in history as a grand misjudgement. Although it […]
The biggest prize of all for the uses of corporate-dominant inequality over real people is the control of the Congress, state legislatures, country boards, city councils, and elections, along with the selection of judges. Ralph […]
The End of Democracy as we know it Mathew D. Rose is an Investigative Journalist specialised in Organised Political Crime in Germany and an editor of BRAVE NEW EUROPE The annoyance at the revelations concerning […]
What comes after capitalism are less matters of state versus private property or planning versus markets. Rather it is the democratization of the workplace Richard D. Wolff is professor of economics emeritus at the University […]
Britain is now in a very undesirable state. The governing Tories are bereft of any sensible ideas and likely to lose the next General election in 2024 to Labour, who are promising to be the […]
Starts at Minute 1 The talk discussed the evolution in global inequality over the past thirty years. It will focus on the most recent 2008-2018 estimates of global income distribution and will draw political implications […]
Tony Blair’s son, Euan, is spearheading a new phase in the commodification of Higher Education in the UK. Guy Standing is a labour economist and professorial research associate at SOAS. Cross-posted from the Progressive Economy […]
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