In effect, the EU has embraced a hyper-mercantilist, export-driven growth model, prioritising trade surpluses over internal economic development. This approach has come at the expense of both its own citizens, who face stagnating wages and underfunded public services, and its trading partners — most notably the United States — who have absorbed the EU’s export surpluses as part of an increasingly unbalanced global economic relationship.
Finance
The City: Support for Gig Worker Union Bill in New York Collapsing After Scrutiny
The fate of a state proposal that would allow some app-based gig workers to join a union is in doubt after key players, including a collective of food delivery workers, came out against the measure […]
Climate Crisis
Ann Pettifor: It’s the Climate System, not the Weather
The race is on to transform the fossil-fuelled climate system. To do that, society must restrain the debt-fueled Money System. Both envelop, and threaten to overwhelm the planet. But to transform, we must first understand […]
Geopolitics
Ali Abunimah: Is this a decisive moment in the struggle against Zionism?
Israel, funded and armed by the United States, is destroying Palestinian life in Gaza, accelerating ethnic cleansing in the West Bank and expanding its war across the region, from Lebanon to Iran. Read Article HERE
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