The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
..appropriation of their wealth by the FIRE sector of the economy..
Indeed. Private monopoly sector crowds out private market (competetive) sector in accelerating phase via the help of and by finance (money monopoly). All finance goes to that sector that gives the highest yield, and that is always the monopoly sector that captures all surplus from the markets, especially debt leveraged capital gains. That leaves no purchase power to labour. Only by keeping public wealth in the control of government can private markets be saved.
So, unlike santiago says there is no zero sum game between government and private markets.
by Frank Schnittger - Dec 6 3 comments
by Frank Schnittger - Dec 5 8 comments
by Metatone - Dec 5 11 comments
by marco - Nov 30 8 comments
by vbo - Nov 21 9 comments
by Bjinse - Nov 24 13 comments
by afew - Nov 28 45 comments
by ARGeezer - Dec 6 1 comment
by ARGeezer - Dec 61 comment
by Oui - Dec 63 comments
by Frank Schnittger - Dec 63 comments
by Frank Schnittger - Dec 5
by Frank Schnittger - Dec 58 comments
by Metatone - Dec 511 comments
by marco - Nov 308 comments
by afew - Nov 2845 comments
by Bjinse - Nov 2413 comments
by Oui - Nov 2317 comments
by vbo - Nov 219 comments
by Metatone - Nov 2030 comments
by gmoke - Nov 195 comments
by Oui - Nov 196 comments
by Cyrille - Nov 18107 comments
by Ted Welch - Nov 1510 comments
by Oui - Nov 14
by Oui - Nov 1210 comments
by afew - Nov 1233 comments
by madeleine kando - Nov 1114 comments