The Cost of Living Crisis: And How to Get Out of It Lapavitsas Costas
A myth-busting pamphlet that charts a course out of the current cost of living crisis, focusing on Britain's current economic situationWe are living through a cost of living crisis, with interest rate…
Specifikacia The Cost of Living Crisis: And How to Get Out of It Lapavitsas Costas
A myth-busting pamphlet that charts a course out of the current cost of living crisis, focusing on Britain's current economic situationWe are living through a cost of living crisis, with interest rate hikes and the prices of everyday consumables and energy bills sky-rocketing. Why is this happening?Sometimes we are told that wages are too high, or that the government has "printed" too much money or that events far away, such as the war in Ukraine, are solely to blame. The plain argument that high prices go together with high profits, falling wages, and weak production is often distorted and hidden by mainstream commentary in the media and elsewhere.This plain-speaking pamphlet tells it straight: the big businesses dominating production and distribution make huge profits out of high inflation, while working people lose out. It sets out factual evidence to illustrate