The European Union has reimposed tight limits on states’ budget deficits — but with exemptions for military spending. After years of claims that austerity was over, we’re now seeing it used selectively to put limits on democratic choice.
The European Union has reimposed tight limits on states’ budget deficits — but with exemptions for military spending. After years of claims that austerity was over, we’re now seeing it used selectively to put limits on democratic choice.
It’s anti-democratic to limit progress because of a made up system of international finance manipulated by a powerful minority. Capitalism continually limits progress to instead exalt the owner class’ whims. Resource allocation should be decided by society, not the greediest few.