Posts under ‘Industry’

What lies behind Blairite calls for “an avowedly pro-business agenda”?

by Jon Lansman.

Alan Milburn was once a Trotskyist, who co-ran a small left-wing bookshop in Newcastle, Days of Hope (aka Haze of Dope). Now he is better known as the New Labour politician and former Secretary of State for Health whom David Cameron appointed as his “social mobility Tsar”. He is also one of those Blairite  heavyweights […]

Royal Mail fire sale costs taxpayer £1.4 billion

by Grahame Morris.

The Royal Mail served the nation for over 500 years; however a Government fire sale not only privatised this prize asset but also short changed the public. Last week, the National Audit Office (NAO) delivered a damning report showing that the Government’s rush to privatise the Royal Mail cost the taxpayer £1.4 billion.

Video: How to change the post-crash economy

by Newsdesk.

Hosted at the RSA by the Centre for Labour and Social Studies (Class) and Verso books, an expert panel including Costas Lapavitsas – professor of economics at SOAS, Paul Mason, Culture and Digital editor, Channel 4 News; Mariana Mazzucato, RM Phillips professor in the Economics of Innovation at Sussex University; and Seumas Milne, Guardian columnist […]

Is Cameron mad, or the cat’s paw of wacky backbenchers?

by Michael Meacher.

If one wanted a clear example (out of many) where ideology trumps common-sense in Cameron’s Tory party, you couldn’t do better than energy policy. And specifically, the government’s latest knee-jerk reaction against onshore wind turbines. They are a significant and fast-growing source of electricity in the UK and by far the cheapest source available to […]

Investment, not Trident

by Michael Burke.

The Campaign for Nuclear Disarmament has produced a new pamphlet, People Not Trident. It argues against the colossal waste of funding needed to a replace the Trident nuclear weapons system. It makes the case that the £100bn saved could be used to invest in a whole host of sectors, housing, education, international development, the switch to renewable […]

The policy that dare not speak its name

by Michael Meacher.

The Commons debate on the budget has just finished, but one essential component in the UK economic strategy wasn’t mentioned by anyone including, mea culpa, me. The UK economy is still smaller than it was in 2008. Investment per head of the population, net of depreciation, has dropped to zero. Our manufacturing capacity is so […]

Benneconomics – a tribute

by Andrew Fisher.

I got to know Tony Benn well when I worked as a researcher to the Socialist Campaign Group of Labour MPs in the mid-2000s. I’d first met him when he was about to stand down from Parliament “to devote more time to politics“, a promise which he fulfilled. He filled venues around the country with […]

Labour needs to design a co-operative, democratic economy

by James Gibson.

The very ideas of ‘guild socialism’ and ‘distributism’ have been rarely advocated since the early 20th century, yet the case for equality and common ownership is stronger than ever. Perhaps the marginalisation of guild socialists is a product of the global polarisation that has made us forget about the fundamental power of economic co-operation? We have […]

Osborne says gas bills will go down – but do we believe him?

by Michael Meacher.

George Osborne, ever anxious to shoot Labour’s fox, has attempted to counter Ed Miliband’s hugely popular call for a lengthy energy price freeze. He has proclaimed that the market can do better – by covering much of the country with shale gas drilling rigs. That will dramatically lower gas prices, as it has in the […]

The battle to keep ticket offices open on the London Underground

by Newsdesk.

In the next two weeks, members of rail unions RMT and the TSSA are planning two 48-hour strikes, from noon on 4 February and again from 11 February. This video sets out the background: the threats to London Underground ticket offices and staff, and, in the longer run, a fully automated underground system including driverless trains, no-one […]

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