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 privatise the gains, socialise the losses story. Repeated.
A view in Monaco with yachts moored at Port Hercules during the 22th edition of the International Monaco Yacht Show. The Monaco Yacht Show is considered the most prestigious pleasure boat show in the world with the exhibition of 500 major companies in the luxury yachting and a hundred super and megayachts afloat. The event runs until September 22. (Valery Hache/Getty Images)
This isn’t about freedom of speech. It’s about power. Read Here So let me get this straight: Elon Musk thinks "cancel culture" undermines democracy and calls himself a "free speech absolutist," but he's threatened to […]
Uber used around 50 Dutch shell companies to help reduce its global tax burden, an Australian research group found. Despite earning $5.8 billion in global revenues in 2019, Uber claimed a $4.5 billion loss for […]
Do not be fooled by the title. This is actually an analysis of the EU, debunking the glowing articles appearing in state and corporate media, as well as those guided by sentimental symbolism instead of […]
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