This is probably just the beginning of what we shall see much of in the future. Protesters were demonstrating against deteriorating living conditions and political deadlock, Libyan media reported.
EU politics
Politico: Italy fines Amazon €1.13 billion for abusing market dominance
Competition agency also orders Amazon to set ‘fair and non-discriminatory standards’ for third-party sellers. Read here
Austerity
Trades Union Congress – Unsecured debt hits new peak of £15,400 per household – new TUC analysis
With dpressed wages the question was, how can workers buy the products that capitalists produce when they had so little money in their pocket? The answer: credit. Read here
Economics
Bill Mitchell: Modern Monetary Theory is just plain old bad economics – Part 1
Concerning the British Labour Party and Modern Monetary Theory. Read here
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