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The Conversation

Volkswagen’s record settlement payout: treating the symptom not the disease

German car maker Volkswagen is paying out up to $15.3 billion to address the effects of the emission crisis in the United States. This by far the biggest settlement in the history of the auto industry.

However what happened at Volkswagen, is a symptom that of an economic system characterised by hyper-competition, enormous stakes and inflated...

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The Conversation


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