Capital mobility has sucked money out of the global South and into financial vortexes such as Wall Street and the City of London.
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Economics
NPR: French Telecom Company Convicted Of ‘Moral Harassment’ After Employee Suicides
The former CEO of a French telecommunications company has been sentenced to jail in connection with a series of employee suicides — with one worker taking their own life after describing “management by terror” at […]
Economics
Ashoka Mody: Italy never should have joined the euro, and the ECB can’t rescue it from its next crisis
Mody’s analysis is not new, but cannot be repeated often enough. The Euro was a project that should never have occurred, and was organised by those who had ulterior motives, not the well-being of their […]
Economics
Bill Mitchell: Apparently the bond vigilantes are saddling up – on their ride to oblivion
When I was in London recently, I was repeatedly assailed with the idea that the Liz Truss debacle proves that the financial markets in Britain are more powerful than the government and can force the […]
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