The Mep Report | Debate Podcast

Economies of Parasitism

A clear and thorough explanation of what is meant by ‘austerity’ measures to make an economy more competitive. In a phrase, it is to intentionally lower the standard of living of a populace, to convince people to accept lower wages, less benefits, and less job security in the interests of maximizing corporate profits. A valuable companion article to this video can be found on The Daily Kos.