Trade Wars Bringing Global Economy to A Standstill
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Capitalist News Interpreted /
15 Oct 2019
It’s tempting to think that the current trade wars are solely between China and the United States. However, as this article points out, Yankees are also threatening car manufacturers in Europe. Importantly, this is the manufacturing industry, the real physical economy as Marx called industrial capital, that is being hit first. We take very seriously the predictions of a recession when they come from capitalist cheerleaders like the IMF.
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About The Author
Barbara
Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.