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Powerlessness and the Crisis

Paul Mason has a nice article on how the on-going crisis has imbued many with a feeling of powerlessness. Crisis is the new state of economic being and there is absolutely nothing we can do about it. We therefore become resigned to crises and increasing inequality. Mason raises interesting questions about the long-term consequences of powerlessness and he also alerts us to the dangers of powerlessness by pointing out how the rise of fascism, nationalism and Hitler quickly followed the crisis of the 1930s.

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Bank Runs in Greece

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