All articles tagged with #british economy
Originally Published 12 days ago — by The Economist
The article argues that Brexit has exacerbated the UK's economic flaws and that the COVID-19 pandemic has complicated efforts to assess its true impact, with political figures using the pandemic to justify Brexit-related claims.
Originally Published 2 years ago — by Compact Mag
The Post Office Horizon scandal in the UK has shed light on the lopsided economic model that rewards asset-owners and punishes workers, exposing a form of "rentier capitalism" where success depends on what one controls rather than what one does. The scandal also highlights the perils of outsourcing and the government's tendency to support corporations while picking up the bill when things go wrong. This reveals a system where the powerful are shielded from risks, while workers face isolation, low pay, and insecurity, showcasing the shortcomings of both the state and the market in post-1997 Britain.