Rent is a redistribution of resources from those without power to those with it.
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EU politics
Owen Jones: Labour must be bolder – only a wealth tax can defeat inequality
Political parties will have to find the courage to start increasing taxes on excessive wealth – of private citizens and of corporations. That is a good start. What can follow is suggested here by Owen […]
Finance
Business Insider: Food delivery with third-party apps like Grubhub and Uber Eats is booming, but no one’s making money. Here’s why their business is broken
New York just passed a temporary 15% cap on third-party delivery commissions and a limit of 5% on marketing contributions and other related fees. And Uber Eats, which just made a bid to buy Grubhub, […]
Economics
Bill Mitchell: The Left propaganda that the state is powerless – continues
Bill Mitchell takes a recent article in The Guardian, Rana Dasgupta – The demise of the nation state, to debunk the leftist denigration of the national state as an essential instrument in pushing back neo-liberalism. […]
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