If we look back, it was high wages and the power it gave to workers that caused the reaction known as neo-liberalism. Thus this is no coincidence. Workers will not strike for more free beer or jet skiing, but they do fight for higher wages.
Piketty brings together two simple phenomena: a neo-liberal EU resulting in a neo-liberal/far-right success – in this case in Italy. Read here
Once again the centrists parties of Spain, the Consevatives and Social Democrats, have been caught using illegal means of undermining the leftist oppostion. Corruption, anti-democracy, and police brutality seem to be the hallmarks of this […]
In 2012 the ECB purchased massive amounts of Greek bonds from German and French banks to save them from going under, they having recklessly purchased these bonds. Greece has continued to pay interest on these, […]
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