The best way to help workers is to create conditions which increase their bargaining power – which give them the option of using Johnny Paycheck’s words: “take this job and shove it”.
Austerity
Hellenic Statistical Authority – Greece’s GDP decreased by 8.2% in 2020
The Troika’s policy appears not to be going as planned. Read here
Economics
Bill Mitchell: Bank of England finds QE did not increase bank lending: who would have thought
Once again we learn that QE has not helped the real economy, just bailed out the banks and corporations Read here
Economics
Balkan Green Energy News: Slovenia earmarks EUR 5 billion to ease energy crisis in 2023
“No one will be left without a supplier, much less without supply.” The prices of electricity and natural gas are no longer linked to production costs and also warned of financial speculation in the futures […]
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