Apparently Germany’s rising fascism it becoming too much for the rest of Europe.
Austerity
Bill Mitchell: Central banks should just write off all their government debt holdings
Why and how the ECB should write off its debts and continue taking over member states ost-COVID investment costs. Read here
Economics
Cahal Moran – Top Marx for Pluralism
According to Marxist theory, the Tendency of the Rate of Profit to Fall (TRPF) leads to recurrent crises under capitalism. It’s a helpful device for framing the history of modern capitalism, from the profitability crisis of the 1970s […]
Economics
Bill Mitchell: We are all entrepreneurs now marching towards a precarious and impoverished future
The mainstream economists keep claiming that fiscal deficits are undermining the future standards of living of workers – an erroneous claim at best. Read here
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