Why profits, not pay, have caused the cost of living crisis
My research shows that UK price rises are likely to have been caused by high profits, falling wages and weak...
Costas Lapavitsas is Professor of Economics at SOAS, University of London. He researches the political economy of money and finance, the financialisation of contemporary economies, and the economics of the European Union. He has published widely and writes for the UK and the international press. His latest book is "The State of Capitalism", Verso, 2023.
My research shows that UK price rises are likely to have been caused by high profits, falling wages and weak...
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