The Cost of Living Crisis (and how to get out of it)
The Verso Podcast
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What's Happening in the UK?
If wages don't keep pace, with price increases, income shifts from the pockets of workers into the pockets of businesses. And that's exactly what's happening in this country. A country hit by poverty is now witnessing an income transfer from the poor to the rich which is of historic proportions. The impact on working people has been worse than in most other countries. British people who are already unequal and poor, more than elsewhere in Western Europe. We've had disruption of production in incredible ways. We've lost productive capacity in a number of sectors. If a boost to demand, our inflation is being worse than most other Countries. This country is worse than most because the supply side is weaker than most
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