Corporation and labor laws, fueled by unconstrained credit liquidity and the socialization of risk factors, sustain the inertia of capital accumulation that generates growth but also contributes to the attrition of labor in favor of capital and produces expanding structural income disparities. This is the meaning of Capitalism in A Likely Story, an explanation of… Continue reading A Likely Story – O.F. Hamouda
Tag: financial global corporate capitalism
Today’s way of life: should it be taken for granted?
🎙Post no 2 – 13 July 2021 The COVID-19 pandemic has disrupted profoundly the way of life worldwide. A cry for ‘return to normal’ is becoming a consistent recurrent plea for returning to daily activities, preoccupations, and behaviours as before, as if such conceived normality is immutable. The fear of change and the desire to… Continue reading Today’s way of life: should it be taken for granted?