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Posts tagged ‘Age Shock: How Finance Is Failing Us’

Alternatives to austerity

The need for a public utility finance system
by / RP 165 (Jan/Feb 2011) / Commentary

The Great Credit Crunch of 2007–10 was, it is almost universally agreed, brought about by the irresponsibility and greed of bankers. But the huge public deficits needed to prevent a meltdown of the financial system are to be paid for by slashing public spending and shrinking social protection for many decades to come. The welfare …