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, giving the financial sectors a slice of the business too.
Once again the EU political elite demostrates its fealty to banks and corporations and protects their criminal activities. Read here
1. Real GDP has shrunk by 23.9 per cent since the crisis began and has been stuck around that mark since 2012. There has been virtually no growth at all since the trough was reached […]
Chakrabortty explains how the neo-liberal media is warming up to systematically denigrate its opponents, which in the UK are gaining political ground. Much of the mainstream media in Europe is not combatting Fake News, which they […]
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