The United Kingdom’s Conservative Party has voted for Liz Truss to become its new leader, replacing Boris Johnson and making her Britain’s next prime minister. Truss served as foreign secretary under Johnson and has a record of “extreme neoliberal policies,” says British journalist George Monbiot. These include supporting tax cuts for the wealthy, deregulating the fossil fuel industry and refusing to regulate agricultural pollution. Monbiot also warns Truss will undermine the country’s model public health system and labor rights for organizing workers.
New U.K. PM Liz Truss Has “Extreme Neoliberal” Anti-Labor, Anti-Environment Record
Tag: rentier economy
The Dollar Devours the Euro
It is now clear that today’s escalation of the New Cold War was planned over a year ago. America’s plan to block Nord Stream 2 was really part of its strategy to block Western Europe (“NATO”) from seeking prosperity by mutual trade and investment with China and Russia
The Dollar Devours the Euro
America’s real adversaries are its European and other allies
The U.S. aim is to keep them from trading with China and Russia
America’s real adversaries are its European and other allies
China’s Fortune Cookie Crumbles : Michael Hudson and Renegade Inc.
YouTube: China’s Fortune Cookie Crumbles : Michael Hudson and Renegade Inc.
America doesn’t build infrastructure these days unless it’s monopolised. This is the political fight going on in the United States now. President Biden has a infrastructure plan that he’s scaled down from six and a half trillion to three and a half trillion. And essentially the bulk of the Democratic and Republican Party said if we can’t privatise infrastructure and make it a rent-extracting monopoly, we’re not going to do it, and we’re going to block the government from doing it. So in the United States, they’re going to have high priced infrastructure, high-priced health care and high-priced education while China is going to have low-priced transportation, low-cost infrastructure, free education, public health care. And you’re going to have a very high-cost United States unable to compete with the rest of the world. All it can do is make military threats or financial threats. If it tries to impose sanctions as it’s imposed on Russia, China and other countries, these are going to serve as protective tariffs for foreign countries.
Ms. Cat’s Chronicles 
You must be logged in to post a comment.