Introduction In my essay ‘From Socialism to Welfarism: the Betrayal of the Working Class’, I observed that the early socialist thinkers developed their ideas at the peak of the industrial revolution. Socialist theory was therefore [more…]
The government’s and the mainstream media’s favorite economic statistic is Gross Domestic Product (GDP). If GDP goes up, then the economy is doing well. If GDP shrinks, then the economy is doing poorly, or so [more…]
Do not believe government pronouncements that the economy is rebounding from very minimal damage caused by unprecedented Covid-19 inspired closures of businesses or that the damage was very mild anyway. Government will use it favourite [more…]
Copyright © 2025 | MH Magazine WordPress Theme by MH Themes