Capital’s Solutions Won’t Solve Workers’ Problems
Britain’s response to inflation proves the choices that shore up economic calm for the elite only prolong crisis for the rest of us.
The era of easy money is officially over. Central banks around the world have spent the last two years steadily raising interest rates, making borrowing more expensive for everyone — including governments — in an effort to bring down inflation. After a decade of low interest rates, during which time we were told there was no money […]