Partisan • Patriotic • Internationalist
The M-C-C’-M’ circuit means Money (M) which is exchanged for Commodities (C) – including labor power which also becomes a commodity in a capitalist society – involved in the production process to produce a value-added commodity (C’) which is sold for more Money (M’), and thus the accumulation of capital […]
The European Central Bank interest rate has been set as high as 4% which is a record interest rate since the 2007/8 credit crisis. The premise justifying this high interest rate is that the previous practice of setting the interest rate at zero, if not negative, rates caused a massive […]
On 15 May 2023, an interview with the French ambassador in Ireland titled “Ireland must ‘pull its weight’ on increasing defence” was published in The Irish Examiner. Most of the interview focuses on the perceived need for the European Union to reduce its industrial and energy dependence on other global […]
Covid came and went but working from home is not going away, and yet, corporations are pushing their workers to go back to the office. Why? During Covid and the resulting lockdown, tech companies reaped record profits, especially the likes of Amazon, Netflix, Google and Facebook, or “FANG” for short. […]