Posts under ‘Economy’

Labour 6:1 in favour of a public railway, stronger unions and an end to austerity

by Jon Lansman.

Earlier this week we reported that, following Syriza‘s remarkable victory in Greece on a platform of ending austerity and greater state intervention in the economy, 15 Labour MPs including Michael Meacher had called for a similar change in direction here. They issued a statement calling for an alternative to austerity, for public ownership of the railways and for a […]

Labour would do better being anti-austery, anti-war and anti-corporate says poll

by Jon Lansman.

According to new polling evidence from YouGov, not just Labour voters but also the party’s swing voters prefer “a leftist Labour Party than a Blairite one” as Stephan Shakespeare, YouGov’s CEO puts it, adding: “People are not as attracted to the mushy centre as they were five years ago“. The poll shows big majorities for an agenda […]

Unequal Britain – one million millionaires, another million depend on foodbanks

by Michael Meacher.

The latest report on UK wealth has just discovered that there are 840,000 persons in the UK who are dollar millionaires (i.e. have assets of at least £660,000 excluding their main home) and that this number is expected to reach a million $millionaires within 3 years. That’s the same year when average wages are predicted, […]

Why doesn’t Labour take on the Tories over the economy?

by Michael Meacher.

It is bizarre that Osborne continues to preen himself that the economy is such a strong card for the Tories at the election when in fact every aspect of the UK’s economic performance is looking bad and getting worse. Yesterday it was reported that the growth rate in the final quarter of 2014 was down […]

Syriza’s shows Labour how to prevent vote haemorrhage to Greens, SNP & UKIP

by Michael Meacher.

It would be idle to pretend that Britain’s economic problems resemble those of Greece when the latter has suffered a 25% reduction in its national income and where three out of every five young adults are now out of work. But there is one parallel between them which is shared by both countries, as well […]

Syriza’s victory: turning hope into reality

by Michael Burke and John Ross.

The Greek people have inspired every progressive force in Europe, and beyond, by electing the first anti-austerity government in Europe. Syriza has similarly inspired every progressive person with the great political skill with which it outmanoeuvred the forces in Greece and Europe who attempted to scare the Greek people into not voting for it. As […]

As Syriza win on an anti-austerity platform in Greece, Labour MPs seek a change in direction here

by Jon Lansman.

As Syriza wins a remarkable victory in Greece on a platform of ending austerity and greater state intervention in the economy, fifteen Labour MPs have today expressed concerns about elements of Labour’s policy agenda, and proposed a change of course in three key areas. They have issued a statement calling for an alternative to austerity, for public […]

The on-demand economy is an even greater threat than zero hours contracts

by Michael Meacher.

Much of the debate about the fast-growing on-demand economy has centred around Uber. Their drivers get paid only when they work and are responsible for their own pensions and health care. Risks borne by companies are being pushed back on to individuals, and this has huge implications for the organisation of work, the potential insecurity […]

The economics of hypocrisy and why the sheikdoms have to go

by Phil Burton-Cartledge.

Paying close attention to politics you become immune to the dollops of lick spittle and cretinous behaviour that comes with it. Yesterday, however, didn’t only take the biscuit but dribbled great dollops of gob over it. Remember when the Dear Leader died and great numbers of presidents and prime ministers queued up to praise his rancid […]

Is Hinkley C the turning point against nuclear power in Britain?

by Michael Meacher.

Despite the government’s constant assertion that funding is impossibly tight and that any departure for a rigid status quo by the Labour party is unaffordable, there seems to be no limit to government subsidies gushing into the doomed nuclear project at Hinkley in Somerset. Last year the government offered the French energy company EDF the […]

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