The EU has been lying to its citizens for two years, claiming that Brexit would destroy the British economy while leaving EU business unscathed. How that would be possible if Germany alone has a 40 billion euro trade surplus with the UK is unclear. A German think tank study speaks of the loss of at least 100,000 jobs alone in Germany. Now that a recession is imminent, EU intransigence may have consequences. A healthy portion of EU fudge seems in the making.
What I mean is simply that (some form of*) capitalism suits some countries better than others. And perhaps the UK is not one of these. Read here
Ann Pettifor argues that a failure to recognize the economist’s work guarantees further crises Read here
If you have not yet read Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World by Thomas Fazi and Bill Mitchell – a book one should definitely read – then here is a […]
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