Economics

The Frankfurt School predecessor and Marxist author Walter Benjamin was fascinated by the curious transformations of capitalism from the mid-to-late 1800s, when Marx wrote, to the early 20th century of Benjamin’s day. In the industrial era Marx observed, commodities were primarily viewed as raw materials and basic goods. Marx

The price of a loaf of bread is set to increase by 20 per cent in Britain as a result of the Russian invasion of Ukraine causing a global wheat shortage.

Inflation numbers in the Eurozone hit a record high of five per cent in a single month in December, topping the previous record set the month before as high energy prices are believed to be driving the trend. Data released this week revealed that the Eurozone, which encompasses every country