The economics of the pandemic policy
The trade-off has never been between lives and ‘the economy’. It has always been a trade-off between lives and the opportunity to boost profits.
The trade-off has never been between lives and ‘the economy’. It has always been a trade-off between lives and the opportunity to boost profits.
The rise in unemployment, the attack on pay and conditions represent a qualitative sharpening of the ruling class offensive that began in the 1980s. The latest policies are not an aberration, mysteriously afflicting all the major capitalist powers simultaneously. They are a deepening of previous attacks.
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