Posts under ‘Economy’

The economic ‘recovery’ won’t hold till election next May

by Michael Meacher.

Fortunately for Osborne, Scotland is keeping the parlous state of the economy out of the news. UK manufacturing export orders have now turned negative for the first time in nearly 2 years, dimming any expectations that manufacturing and exports would lead the way in any upsurge. The immediate reasons blamed are the flagging Eurozone economy, […]

A trade union agenda for Labour

by John McDonnell.

It’s no mystery why all the economic indicators point to the economy emerging from the recession and yet wages are continuing to fall behind inflation. The post-recession economy that is being created is based upon reinforcing the distribution of power between capital and labour that has been imposed upon our society since the 1980s. Thatcher’s […]

Unions have united for Labour victory. The party must respond to union concerns

by Billy Hayes.

All the signs are that Labour can form a majority government in 2015. Lord Ashcroft’s larger opinion polls all indicate that the Tories and Lib Dems are going to lose a lot of seats to Labour. David Cameron seems to agree. This realisation forced him into a large Cabinet reshuffle in an attempt to find […]

Yea or Nay, Scots won’t get real independence

by Michael Meacher.

If the Yes vote wins next Thursday (which I personally doubt), the immediate result – apart from the SNP euphoria – will be tough and hard bargaining between the Bank of England, Whitehall and the EU as to how the new powers are to be carved out. The spirit of liberality about quasi-home rule sprinkled […]

To reinvent our economy we need to reframe the debate

by Dave Watson.

The left needs to reframe the debate by imagining a different way of running our economy. In his Guardian column last week, Oliver Burkeman commented on the reclining airline seats ‘war’ by saying, “Stop arguing. Capitalism already won this stupid war“. It’s not the fairness of reclining or not, it’s because airlines cram so many […]

The next Labour government must address casualisation

by Andy Newman.

Mark Carney’s speech to the TUC Congress yesterday was interesting, and it was right for the unions to invite him. As major civil society institutions with mass membership, the trade unions can and should seek to influence the parameters of democratic debate unmediated by political parties, alongside of course the different strategies for engagement through […]

Privatised railways have failed passengers and taxpayers

by Grahame Morris.

This week began with protests at Northern Rail stations, including Seaham, campaigning against the introduction of higher fares, threats to rail services, and job cuts on the rail network. Northern Rail has been pressed by the Department for Transport to raise extra revenues as sixty nine percent of their costs are covered by subsidies they receive […]

TUC: Chuka Umunna’s pro-worker, pro-business agenda means business as usual

by John Millington.

Have you heard the news? Workers and bosses have the same interests. That’s right. The biggest and most significant social divide in capitalist Britain today, the key battleground between those who produce the wealth and those who own it is apparently no longer an issue. According Labour leading light Chuka Umunna, Labour’s shadow business secretary, […]

Have the trade unions given up on Labour?

by Jon Lansman.

A slimmed down Trades Union Congress meeting this week on the banks of the Mersey has an air of unreality about it. It’s not quite that no-one cares what the TUC says – trade union leaders care enough about speaking with one voice that there is even less public debate and dissent here than there […]

The new EU Commission has marked up a TTIP deal with US as a key objective

by Michael Meacher.

The fight over the euphemistically named Trans-Atlantic Trade and Investment Partnership (TTIP), which the US Congress successfully blocked over the last year, is about to be pushed forward in a higher gear now that the new EU Commission has made clear their eagerness to drive a deal through with the US over this next year. […]

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