“It is easier to imagine an end to the world than an end to capitalism.” Fredric Jameson The global coronavirus pandemic has spread across the world, leaving incalculable, indescribable tragedy in its wake. The lives of every human being on the planet are being today, or will soon be, somehow […]
Tag: Central bank
The political power of central banks
The dominant ideological story of central banks is that removing them from the control of governments depoliticised them and made them neutral, “scientific” actors in the economy. The argument goes that, as economics developed into a science, with the primary aim of keeping inflation low, making central banks independent allowed […]