"For the last thirty years we have been operating a faulty economic model. Yet it has survived the second deepest recession of the last 100 years largely intact. To escape today’s era of slow and intermittent growth and prolonged instability requires the great concentrations of income and wealth to be broken up – just as they were in the 1930s. Instead, across the globe, the great wealth divide has continued to grow through the recession." (Source: Open Democracy)

Brilliant analysis of the relationship between the Great Depression and 30 years of free-market policies which increased inequalities in all economies.

Read on the same topic also the latest Benchmarking Working Europe Report published by the European Trade Union Institute.

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