Tag Archives: Gilets Jaunes

"Look over there — Venezuela, Syria."21st Century WireGILETS JAUNES: Civilians in Police Crosshairs as Macron Adopts Totalitarian State-Practices to Suppress Dissent Vanessa Beeley

Balance sheet approach to economic analysis and its social political implications. How neoliberalism, controlled by finance capital, rules in the EZ owing to its self-imposed constraints and intransigence of finance capital to accommodate.People's DemocracyThe Yellow Vest MovementPrabhat Patnaik | Indian Marxist economist and political commentator, retired from the Centre for Economic Studies and Planning in the School of Social Sciences at Jawaharlal Nehru University in New Delhi...

Martin Armstrong mentions the increasing tax burden on workers in Europe. He doesn't mention that the increasing tax burden results from the institutional structure of the EZ, where the member countries have ceded currency sovereignty to the ECB. As a result, these countries are no longer sovereign currency issuers and cannot self-fund. Like US states, they have to tax or borrow to spend and there are institutional limits on borrowing (deficit spending) imposed by treaty.The key point in...