The ‘Paradise Papers’ are causing a stir @FT ! Yves Smith & Ronen Palan provide necessary clarity. Old Socialist provides the links to the unfolding melodrama

What the Paradise Papers Tell Us About Global Business and Political Elites

The Panama Papers revelations succeeded by the Paradise Papers: Capitalism lurches  from crisis to crisis, aided by its lawless impunity, and tax avoidance schemes confected by the mendacity and greed of lawyers and politicians.

Old Socialist



About stephenkmacksd

Rootless cosmopolitan,down at heels intellectual;would be writer. 'Polemic is a discourse of conflict, whose effect depends on a delicate balance between the requirements of truth and the enticements of anger, the duty to argue and the zest to inflame. Its rhetoric allows, even enforces, a certain figurative licence. Like epitaphs in Johnson’s adage, it is not under oath.'
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