“Capitalism hasn’t come into doubt because people woke up stupid one morning. It’s in question because it has stopped delivering the goods.”
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Chris Dillow: HOW TO DEFEND CAPITALISM
Corruption
Vila Web: Spain’s Social Democratic Party rejects investigating former king for illicit credit cards
Socialists vote alongside Right PP and Far Right Vox against initiative put forth by coalition partners Read here
Austerity
Bill Mitchell: Eurozone fiscal rules bias nations to stagnation – exit is the remedy
The big motor is fiscal policy and because of the flawed design in the Eurozone it is dysfunctional in the extreme. Central bank policy shifts can do little to counter the damage that fiscal austerity […]
Climate Crisis
Grist: The world is on lockdown. So where are all the carbon emissions coming from?
Wait, what? Even with the global economy at a near-standstill, the best analysis suggests that the world is still on track to release 95 percent of the carbon dioxide emitted in a typical year, continuing […]
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