The pattern of Europe’s trade is truly that of a workshop economy: big surpluses with US, UK. Deficits dominated by logic of cheap labour (China, Vietnam, Bangladesh) and energy/raw materials (Russia, Iraq, Kazakhstan, Libya, Malaysia, Nigeria).
trade.ec.europa.eu/doclib/docs/20… https://t.co/qfuZachGzn
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…