31 October, 2011 // Category: Corporate power, Economy, History, Politics
Now we know. We are in the midst of a prolonged economic crisis in which the output of the British economy fell by 7.2 per cent and growth has been close to stagnant for the last nine months. Yet Britain’s leading executives have been behaving as if they have personally pioneered an unprecedented...
12 May, 2011 // Category:
One of the most significant economic trends of the last 30 years has been the way real wages for most of the working population have been falling behind the growth in productivity (the rate of increase in the capacity of the economy). As shown in the chart, between 1980 and 2007, real wages in the...
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