J.W. Mason, Arjun Jayadev: The Crash of Austerity Economics

New orders in manufacturing: April 2023 (in real terms, provisional): -0.4% on the previous month (seasonally and calendar adjusted) -9.9% on the same month a year earlier (calendar adjusted) March 2023 (in real terms, revised): […]

The classic question in economics is: If capitalists pay their workers too little, who is going to buy the capitalists’ products. Here is the answer. The same workers, who have to borrow from the banks, […]

Another one bites the dust. The corporate media cannot get enough of new heroes, who will save Europe´s doomed neo-liberal system. Who is going to replace Macron? Maybe there is a up and coming politician […]