From The Guardian
Airbus is in the headlines due to corruption still again
Austerity
Simon Wren-Lewis: It makes no economic sense to keep shrinking the state without changing what the state is meant to do
Shrinking the state makes everyone worse off by reducing national income – some of that income loss in the past has probably become permanent Read Here Wikimedia Commons
Economics
DeStatis – Germany: High inflation led to a 4.4% decrease in real earnings in the 2nd quarter of 2022
While the corporations and billionaires keep raking it in, working people are becoming poorer. Read Here
Austerity
Bill Mitchell: The coronavirus crisis is just exposing the failure of neoliberalism
Each time this modern variant of financial capitalism gets ahead of itself, the main players – who are usually content pocketing excessive profits – always come running back for life support from the state. The […]
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