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Showing posts with the label Avanti

Vulture Capitalism

“In the book, Grace Blakeley takes on the world’s most powerful corporations by showing how the causes of our modern crises are the result of the economic system we have built – ‘a toxic melding of public and private power’. It’s not a broken system; it’s working exactly as planned. It can’t be fixed. It must be replaced. From Amazon’s attack on employee wages through its domination of regional economies, to how Boeing flies in the face of free markets despite its 737 Max disasters, and from the likes of Henry Ford to Margaret Thatcher,  Blakeley considers the past and present of our current crises  to pinpoint exactly how it all went wrong.”  “The 30-year-old describes her book as a critique of modern capitalism from a Marxist perspective, which isn’t a phrase that major writers on the left tend to attach to themselves these days. Instead of reduced taxation, the Office for National Statistics is forecasting that by 2027-28 the UK will have the highest level of...