The Dig: Europe w/ Anton Jäger & Dominik Leusder
Jacobin Radio
00:00
The Italian Political Economy Is Not the Arena for Socialism
Italy's economic growth has been flatlining over the last 20 years. The country led a policy of liberalizing labor markets to keep wages low, introducing short-term contracts and cutting public spending wherever possible. It was an entirely self-inflicted wound or series of wounds by people who thought they had the right economic policy mix to revitalize growth. Italy, it turns out they were doing exactly the wrong thing.
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