The EU is a doomsday
machine generating deflation, low growth, and high unemployment – and a rising tide
of far right nationalism. Is “Remain and Reform” a realistic strategy for the
UK left?
Though
cowards flinch and traitors sneer, Jeremy Corbyn is putting public ownership
back on the political agenda. Time to examine frequent claims that public
ownership is inherently bureaucratic and inefficient.
Last
week’s attempts at arm-twisting Scotland over sterling and European
Union membership have backfired. But an independent Scotland should
want no part in either surrendering monetary sovereignty or EU
constitutionalised neoliberalism.
Britain is an extreme oddity regarding privatisation: nowhere else in the advanced world is there such a willingness to sell everything that isn’t nailed down. Time and again the British public is ripped off and sold out by its leaders.
Faced with spiralling social, economic and
environmental problems, many people are turning to economic democracy for solutions. But what shape should this democracy take? And how can it establish an effective process for the distribution of wealth?
Social democracy is at an impasse, bereft of an economic programme, but history is on the march. Democratic wealth-holding can give social democrats a new set of economic institutions and political power bases.