(and how to get out of it)

A myth-busting pamphlet that charts a course out of the current cost of living crisis, focusing on Britain's current economic situation

We 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.

Erscheinungstermin: ‎ 6. Juni 2023
Sprache: Englisch
Seitenzahl:68 Seiten

Über die Autorenschaft und weitere Mitwirkende
Costas Lapavitsas is Professor of Economics at the School of Oriental and African Studies and convenor at European Research Network on Social and Economic Policy, and the author of Profiting Without Producing.
James Meadway is Director of the Progressive Economy Forum, and former adviser to the former Shadow Chancellor John McDonnell MP.
Doug Nicholls is General Secretary of the General Federation of Trade Unions.