Consumers in the Eurozone continued to cut spending on food, drinks, and tobacco last month amid a spike in prices, EU statistics office Eurostat reported on Wednesday. Data shows that costs rose by 8.9% last month on an annual basis, compared with 7.5% growth in May.

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Technocrats have staked their legitimacy not so much on a carbon-neutral future as on a vision of prosperity that is rapidly receding Lenin famously defined communism as Soviet power plus electrification of the whole country. In other words, the ideological project of building communism was supplemented by the technocratic project of electrification, the latter being…