If an ordinary Russian loses half of his pension or salary because of the fall in the rouble and inflation caused by the sanctions, then there is no recourse, no court where he can complain. On the other hand, if you want to deprive an oligarch with 100 million euros of half his fortune, then there are multiple procedures to challenge the decision, and very often you don’t pay anything.
Economics
Thomas Piketty: What if economists were about to change?
Let’s celebrate. The American Economic Association (AEA), the main professional organisation for economists in the United States, has just awarded the Clark Medal to Gabriel Zucman for his work on the concentration of wealth and […]
EU politics
Mike Gold: Neo-Liberalism – Invisible Fascism?
The Italian fascist leader Mussolini claimed: “Fascism should more appropriately be called corporatism because it is a merger of state and corporate power.” Thus this article makes a number of good points. Read here
Geopolitics
Gideon Levy: The IDF’s Own Sickening ‘Zone of Interest’ in the Heart of Gaza
Here’s some good news coming straight from the killing fields: The Israel Defense Forces has built a holiday village on the Gaza coast. Sgt. Yaron Rabinovich ate some churritos and steak there earlier this week. […]
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