On Labour´s attempt to forge a reputation for economic competency based on new economics: What does it mean? Has it worked? Can Labour escape the balancing the household books narrative? Is austerity economics really over?
The wellbeing of a capitalist society depends on the endless accumulation of privately owned capital. This requires a replacement of input-minimising by output-maximising rationality. One result is a fiscal crisis of the state, due to […]
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