Wage repression, inequality and economic stagnation
Analysis suggests that capital has become far too strong to sustain a robust economy and that an increase in labour bargaining power should be welcomed rather than resisted.
Analysis suggests that capital has become far too strong to sustain a robust economy and that an increase in labour bargaining power should be welcomed rather than resisted.
At this moment of deep political convulsion throughout the West, the fight against privatization is part of a broader struggle against the economic logic that has led to corrosive inequality and underpinned the bankrupt neoliberal economic paradigm.
Despite ultra loose monetary policy, business investment is very low due to inadequate overall demand.