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Ransom Capitalism Gareth Fearn
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As Robert Brenner argued in NLR two years ago, the financial collapse of 2007-8 set a template for government responses to crises that threaten the means of existence. Whether it’s a global financial meltdown, a deadly pandemic or energy bills so high that many people can’t afford to pay them, the policy instrument of choice is the bailout.
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Ransom Capitalism Gareth Fearn
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