Posts under ‘Investment’

A 21st Century Energy Policy, Part 3: The Institutions to Make it Happen

by Chris MacMackin.

As discussed in Part 2, the transition to a low-carbon economy is a massive task requiring extensive government intervention. In the recent leadership campaign, Jeremy Corbyn promised to “promote the growth of over 200 ‘local energy companies’” and to “support the development of 1,000 community energy co-operatives”. Presumably by “local energy companies” he is referring […]

Instead of “trickle down” economics, why not “bubble up”?

by Bryan Gould.

Thomas Piketty is a French economist who recently took the economics world by storm.  He demonstrated that, in a modern, “free-market” economy, growing inequality is inevitable, unless we do something deliberately to counteract it. Piketty shows that, over hundreds of years and in technologically advanced economies in particular, the return on capital will always rise faster […]

Labour needs to rediscover comprehensive economic planning

by John Penney.

In his barnstorming 2015 and 2016 Labour Leadership campaigns Jeremy Corbyn outlined a series of, very enthusiastically received policy offers of a distinctly left Keynesian, anti-austerity hue. These proposals ranged from renationalising the railways, to fully re-nationalising and refunding the NHS, establishing a universal free national education service, nationalising key utilities, controlling the banks more […]

How leaving the single market will crash the economy

by Tom O Leary.

The British economy is extremely dependent on inflows of overseas capital. As a result, it is one of the last countries that should ever contemplate leaving the EU without a serious plan for reviving the economy with investment and trade. As we now know, no such plan exists, serious or otherwise. Instead the theme of […]

Why Theresa May is lying to you 

by Luke Davies.

In her party conference speech Theresa May promised to transform the Conservatives into the ‘party of the workers, the party of public servants, the party of the NHS’. She declared: ‘it’s time to remember the good that government can do’. Journalists on both right and left have been queuing up to announce a new era in […]

Government intervention is vital to save steel and reverse industrial decline

by Steve Laughton.

Ken Clarke was pronouncing on Radio 4 several days ago that in the eighties people were calling for nationalisation to save British industry. He claimed the idea that the UK will collapse unless the government steps in has been heard before and is tired old nonsense. He seemed to think that history and the magic of free […]

Nasty signalling over Port Talbot

by David Osland.

There is currently no small vogue among polemicists of right-wing bent to accuse lefties of something they call ‘virtue signalling‘. So please allow me to introduce a parallel neologism. Many of the ugly responses from free market ideologues to the crisis now destroying the British steel industry are clear-cut examples of nasty signalling, designed to […]

John McDonnell’s very political economics

by Phil Burton-Cartledge.

What have they been putting in John McDonnell’s coffee? According to some, John’s embrace of fiscal responsibility, tight spending, and deficit reduction is a surrender to “the capitalist parasites“. And proving you cannot please some people no matter what you say, there have been criticisms from the right of the party arguing that his economics […]

Labour right-wing still in the austerity dead end

by Michael Burke.

Rachel Reeves, a former Labour shadow secretary for work and pensions, has produced a short note for Progress which has been hailed in the right wing media, and by the Labour right, as ‘an alternative Budget’. The New Statesman was perhaps the most excitable, describing Reeves as the shadow chancellor in waiting. All of this […]

Labour, John McDonnell and the New Economics

by David Pavett.

Once the surprise and the shock of Jeremy Corbyn’s election as Labour leader had sunk in, many (including me) became impatient for policy initiatives and membership involvement in policy formation to come to the fore. Clearly cutting through media hostility is a major task but I find it difficult to see that more could not […]

© 2017 Left Futures | Powered by WordPress | theme originated from PrimePress by Ravi Varma