Posts under ‘Economy’

Osborne gambles on a windfall – something you can’t do on a zero hour contract

by Phil Burton-Cartledge.

In war, there’s only a short amount of time your weaponry has an edge over the enemy. Labour has spent the last couple of months shelling the Tory trenches with the party working tax credit shells. This week, the new ‘police funding’ gun has been pressed into service. Both pasted the Tory position to the point […]

Alternative Autumn statements: continued Tory failure versus Corbynomics

by Michael Burke.

Having spectacularly failed in his stated goal of eliminating the deficit in the last parliament, George Osborne is repeating his experiment in this one. Both the June 2010 and 2015 Budgets proposed ‘fiscal tightening’ of £37 billion. In the first of these Budgets the main method was cuts in public spending. In the second it […]

Let’s hear it from (and for) for the real Andrew Fisher

by Mike Phipps.

Mike Phipps has been re-reading the thoughts of Andrew Fisher Although Labour’s NEC has not closed the case, Labour’s new leader has made it clear he is standing by his policy aide Andrew Fisher whose pre-Corbyn era tweets have attracted some attention in the media. Some of the new leader’s serial detractors have found it […]

iPads + superfast broadband = socialism (or maybe just a kinder, fairer capitalism)

by Phil Burton-Cartledge.

Socialism is Jeremy Corbyn in Number 10 plus superfast broadband! Okay, not as pithy as Lenin’s definition involving soviet power and electrification, but John McDonnell’s speech on Wednesday is a continuation of a fine tradition in left and centre left politics: the close alignment of our policy agenda with technological dynamism. Though, of course, it’s […]

On brilliant, neglected women economists

by Ann Pettifor.

This week I was invited on to Woman’s Hour to talk about outstanding women in economics that have never properly been recognized and acclaimed for their contributions. The context is the Virago/New Statesman women’s prize for new, young writing on politics and economics. The prize was launched in late October to address the underrepresentation of women in […]

Left candidate wins general secretary election in GMB

by Jon Lansman.

The result of the election to choose the General Secretary of the GMB to replace Sir Paul Kenny whose term of office expires at the end of 2015 has been announced. The winner is Tim Roache, currently GMB Regional Secretary for Yorkshire & North Derbyshire, who beat Paul McCarthy,Regional Secretary for the North West & Ireland by 15,034 votes […]

Welcome to a constructive critique of Corbynomics from Liam Byrne

by Phil Burton-Cartledge.

Something more significant than the move against Andrew Fisher happened on the right of the Labour Party last week. It was Tuesday morning, in fact, and the occasion was Liam Byrne’s speech to the Policy Network. Of course, MPs, particularly former ministers, give speeches to think tanks all the time and most float under the […]

Austerity means wealth redistribution to the top and a shrinking state

by Steve Turner.

Within 72 hours of the Tories forming a majority in Parliament it became crystal clear they were salivating at the opportunity to further impose their political austerity agenda for another five years. Attacks on freedom of speech, protest, the Human Rights Act and the right to strike and our trade unions through the Trade Union […]

Is capitalism “mutating” into an infotech utopia?

by Ann Pettifor.

I was privileged to be invited by the St. Paul’s Institute to discuss (on the 3 November) the thesis in Paul Mason’s recent book Post Capitalism: A Guide to Our Future with a keynote speech from the author. Mason’s book is both a riveting and intellectually exhilarating read. It challenged me at a range of […]

We should stand up to anti-migrant rhetoric by fighting for homes, jobs and services

by Diane Abbott.

David Cameron’s net migration target has been exposed as an unworkable policy. In reality, it is classic scapegoating tactics, being used to distract people from the effects of government spending cuts, such as the crisis in the NHS and the increasing unaffordability of housing. All the Tories have to offer is yet more destructive cuts. […]

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