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archives

profits

This tag is associated with 3 posts

Champagne to flow again as workers taste strike success

Champagne has been flowing again in copious quantities in London and New York as bankers enjoy a return to the good old days of runaway millionaire bonuses on the back of one-way bets. But that flow of lovely bubbly has been under threat by a strike by employees of Veuve Clicquot, Moët & Chandon, Krug, Ruinart … Continue reading

The political battle for full employment

By Juan Torres Lopez 70 years ago a very important Polish economist, Michal Kalecki, published an article (Political aspects of full employment) that I think has a great relevance today, particularly this May Day. Kalecki started out by recognizing that when he wrote that a substantial majority of economists believed that, even in a capitalist … Continue reading

French corporations still raking it in

There’s no crisis for big business in France, says l’Humanite, as the top 40 companies on the Paris stock exchange post €73 Billion profits  More   

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