21st century capitalism bears little resemblance to the capitalism that fired the Industrial Revolution, or indeed to the more recent Thatcher/Reagan model of capitalism. Key sectors of today’s new hyper-capitalism are profoundly risk averse.
‘In Lisbon, soaring tourism has turned tens of thousands of apartments into Airbnbs, pushing out ordinary renters. A referendum on banning short-term rentals in residential buildings could change that.’ In Jacobin. Read the article HERE.
A study of domestic and international flights across Europe by Greenpeace has found that tickets for trains are on average twice as expensive as for flights, despite the former being much greener Read HERE
The unscheduled maintenance works on the Nord Stream 1 pipeline, which runs from Russia to Germany via the Baltic Sea, deepens a gas dispute between Russia and the European Union. Gas flows via the Nord […]
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