With dpressed wages the question was, how can workers buy the products that capitalists produce when they had so little money in their pocket? The answer: credit.
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EU politics
Thomas Piketty: Wealth tax in America
Thomas Piketty calls for an annual wealth tax, in addition to a progressive income tax and inehritance tax. Not only in the USA, but in Europe as well. Read here
EU politics
Cain Burdeau: Tensions Rise Between EU & Turkey Over Drilling, Election
Most of the EU never wanted Turkey as a member. In the meantime Turkey is seeking a different future on the word stage. They still receive billions from the EU to hold back immigrants thanks […]
EU politics
Ashoka Mody: Germany’s Economy Will Be Europe’s Problem
If people aren’t prospering, they won’t support integration. Read here
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