Activity

In 1865 Karl Marx said it was by reading Balzac that he learned the most about capitalism and the power of money.

According to the dictionary, plutocracy (from the Greek ploutos, “wealth,” and kratos, “power”) is a system of government where money is the basis of power.

when we chose to share monetary sovereignty and set extremely picayune rules on public deficits

After months of reflection, the members of the now famous troika (the European Commission, the ECB, and the IMF) got the disastrous idea to tax all bank deposits

which are then immediately belied by events a few weeks later