This week, the too-big-to-fail bank lobbyist Jose Manuel Campa has been nominated to be the new head of the European Banking Authority – the very authority that is in charge of supervising those powerful banks. For Duncan Lindo this is yet another sign of how little the crisis changed our financial system.
That means a setback for Germany, which has been trying to reduce its reliance on Russian gas. Read here Photo: Martian-2008 licensed under the Creative Commons Attribution-Share Alike 4.0 International
Capitalist accumulation has always depended on cheap labor and resources extracted from the Global South. To end this violence we need a post-capitalist transition—otherwise, as climate breakdown accelerates, the ceaseless search for profit will drive […]