Tag Archives: government borrowing

Global Capitalism Is Theft

Government Debts as Class Swindles By Richard Wolff/ Common Dreams/ January 31, 2020 In modern capitalism, governments routinely borrow money. They do this to finance budget deficits that occur when governments raise less in taxes than they spend. Governments also … Continue reading

Posted in Economics, economy, finance, government | Tagged , , , , , , , | Leave a comment