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Tag: economics

Opinion: Coronavirus Will Expose the Vast Inequality Between the Global North and South

The coronavirus pandemic has shown that rich countries can spend without limit to meet the needs of their populations. But poorer, less powerful countries quite literally can't afford to play by those rules, argues Grace Blakeley.

Analysis: Pandemic Insolvency: Why This Economic Crisis Will Be Different

Many states - now including the UK and US - are beginning to act in ways that contradict not just the neoliberal script, but the crisis management strategies of the global financial crisis. Bue Rübner Hansen asks why.

Opinion: We Must Democratise Our Economy or Face an Era of State Monopoly Capitalism

The Covid-19 pandemic is epoch-defining, writes Grace Blakeley. It could herald the end of the era of finance-led growth, and the beginning of state-monopoly capitalism. Socialists must adapt or face another lesson in disaster capitalism from the right.

Don’t EU Want Me Huawei? What Plans for Our 5G Network Signal About Post-Brexit Britain

Boris Johnson’s approval of Huawei for use in (parts of) the UK’s developing 5G network is a more decisive moment in our post-Brexit future than is perhaps realised, says James Meadway. Not least because it points towards an increasingly large role for the state in the digital economy.

Long Read: Labour’s Economic Plans: What Went Wrong?

In this post-election long read, James Meadway explains how Labour’s 2019 plans got caught up in policy at the expense of politics.

GE2019: Why Labour’s Tax Plans Will Be a Sharp Shock for Corporate Tax Avoiders

It sounds so commonsense you could be forgiven for overlooking it - but Labour's plan to make corporations pay tax where they do business could finally bring about some tax justice in the UK, argues Iwan Doherty.

Are the Tories Actually Strong on the Economy? 🤔

The Tories like to present themselves as the party of economic credibility. But after nine years in power is that really true?

Paying for the Planet? Ann Pettifor on the Green New Deal

James Butler is joined by Ann Pettifor, author of The Case for the Green New Deal.

Not Liberal, Not Democrats?

The Lib Dem conference, Johnson’s renegotiation, plus Ann Pettifor’s new book on the Green New Deal. With Ann Pettifor and Tom Kibasi.

Free Money for Everyone!

Free money for everyone – sounds bonkers, right? Well maybe not. With advocates of UBI (Universal Basic Income) popping up everywhere, perhaps this is the solution to increasing populations and technological innovations.

Millennial Socialism

The capitalist press have clocked “millennial socialism”. Can they deal with an egalitarian future? Michael Walker is joined by Aaron Bastani and Callum Williams of the Economist.

What Replaces Capitalism? | Grace Blakeley Meets Paul Mason

At The World Transformed 2018 Grace Blakeley talks to Paul Mason about the consequences of Labour’s first steps towards moving beyond capitalism.

#Crapitalism: Lehman Brothers: 10 Years On

10 years ago today, Lehman brothers, one of the US’ largest and oldest banks, collapsed. The bank had $600m worth of assets on its books, making its bankruptcy the largest in American history. We all know what happened next. Grace Blakeley examines the 2008 financial crisis.

The Week Britain’s Politics Changed Forever

With the Archbishop of Canterbury describing the gig economy and zero hours contracts as “the re-incarnation of an ancient evil” and polling showing big majorities for policies once presumed politically unpalatable, it's clear the public are ready for a rupture with the status quo. The question is whether the left will step up to the plate, writes Aaron Bastani.

Who Wants to Build a Left-wing Private Equity Firm?

In light of John McDonnell's recent economic proposal, Dani McDonald and Ben Tippet make the case for building a greater worker democracy through transforming businesses into worker-owned cooperatives.

#Crapitalism: Industrial Strategy

In this new series #Crapitalism: Grace Blakeley explains what industrial strategy is and argues that ‘building it in Britain’ could be a good thing.

Interview With David Harvey

Last September Aaron Bastani sat down with the world’s leading expert on Karl Marx; David Harvey. They discussed the relevance of Marx today, productivity, China and so much more. Enjoy.

Britain’s Economy Is in Meltdown

In all honesty Britain’s economy is absolutely broken, ten years ago it was common to hear of a lost decade for Japan and Italy, well the same has just happened to Britain on the things that matter like wages and productivity while the deficit, the one thing the Tories wanted to be measured by, is […]