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Leading article

This crash is just a return to normality

10 February 2018

9:00 AM

10 February 2018

9:00 AM

It is easy to mock the most strident critics of capitalism, like Bernie Sanders and Jeremy Corbyn. It’s harder to ask whether they might actually have a point. Consider the past ten years of evidence. Since the collapse of Lehman Brothers, wages for ordinary workers have been on the floor — even today, the average pay packet in Britain is lower than it was before the crash.

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