The dialectic between prices and wages it explains a very substantial part of the history of Europe since the end of the 19th century. After two world wars, which were actually wars for hegemony in Europe, the Welfare state He came to try to ease these tensions before they escalated into violence. Part of the instability that we have experienced since the 2008 crisis is due to the fact that in certain areas of Europe, especially in global cities, the classical instruments are powerless to deal with it. Populisms have gained electoral weight with this tension because those on one side deny the problem and those on the other err in the solutions. Neither a city council, nor an autonomous community nor almost a State by itself can solve the paradox that occurs when a city attracts a lot of investment and visits to the point that prices rise until they are unaffordable for its inhabitants. This happened years ago in Palma or Eivissa. And he has been spending time in Barcelona. the mayor Colau came up on that wave but time shows that the phobia of economic growth is not a solution but an aggravating factor.
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