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Like fish stranded by a fast retreating tide, most mainstream economists, commentators and governments tend to be flapping around frantically and aimlessly, unaware of the real cause of their distress. The more cautious among them hope for a slow return...
Tags: economy, economists, crisis, financial, stock exchange, derivatives, futures, glut, over capacity, production, Henry Ford, Marx, Engels, Samuelson, Callaghan, free market, neo-liberal, Keynes, Friedman, unemployment
Theft is defined as “the dishonest taking of the property of another person”. And, on that basis, many managers or directors of companies are thieves. Because companies — any corporate entities — are legal persons that managers...
Tags: theft, corporations, unemployment, job losses, bailouts, retraining, economy, upturn, over capacity, over production, unrest, Sasol, trade unions, oil, fuel