We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,” wrote JP Morgan analysts this week. They were describing the reputation crisis facing Tesla, one of the world’s leading electric vehicle manufacturers. The problem for Tesla is straightforward: their CEO, Elon Musk, has embraced hard-right politics. He has supported the neo-Nazi-friendly AfD party in Germany and even made a gesture that looked an awful lot like a Nazi salute at Donald Trump’s inauguration. (Nazis were certainly thrilled by it.) Musk has a leading role in a presidential administration that is waging war on the civil service and gutting climate and environmental policies.
Economics
Thomas Fazi, Bill Mitchell – For MMT
Leading proponents of Modern Monetary Theory respond to Tribune’s recent article on the topic, arguing that socialists should not be afraid to “seize the means of production of money.” See also the article to the […]
EU politics
Investigate Europe: Legislation in the „Black Box“ of the EU Council – where secrecy feeds mistrust
Dutch parliamentarians recently labelled the European Council a “black box”. Through its informal bodies, such as the Eurogroup of finance ministers of the 19 eurozone countries, national parliaments become sidelined and are continually confronted with […]
Aviation
The Bulletin: Brussels Airlines makes 3,000 unnecessary flights to maintain airport slots
Once again the EU shows what Net Zero is, not to mention showing off their “Brown Deal”. Read Here
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