The downward slide of the German economy continues. Production and incoming orders in German industry are still on course for recession in the first month of the third quarter. The latest sentiment indicators, such as the ifo index and the PMI markit, which were surveyed in August, point clearly downwards. So it can no longer be ruled out that the recession will continue even at a pace much faster than now.
Inequality
Guthrie Scrimgeour – You Aren’t Allowed in These Billionaire Towns
‘Welcome to the fully privatised city, where the ultrarich can do as they please — no whining from the rabble permitted.’ In Jacobin. Read the article HERE.
Environment
Manchester Evening News: Air pollution ‘is a bigger global killer than smoking’
Air pollution kills more people than smoking, scientists say. A new study suggests that 8.8 million deaths a year around the world can be attributed to dirty air. Why then is the EU so dedicated […]
Climate Crisis
Jason Hickel – Better Technology Isn’t The Solution To Ecological Collapse
That we are ignoring an impending ecological disaster does not necessitate much intellect. That the use of GDP is contributing to this process is also no secret. As Jason Hickel points out, both have to […]
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