Posts Tagged ‘Austerity’

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 […]

Writing on the wall as hope comes to Greece, but they need your support

by Mike Davis.

Mike Davis on why supporters of an alternative economic model need to demonstrate solidarity with the new anti-austerity Syriza government. Solidarity is vital. Ways you can help are set out below ‘The most left wing government elected in Europe since the Second World War’ is a hard tag for Syriza to live up to. This was […]

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 […]

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 […]

Nothing stands between Labour and election victory except its own timidity

by Michael Meacher.

A sad tale of ambivalence and timidity across a range of policies This coming Monday the remaining stages of the Infrastructure Bill will be taken in Parliament, including votes on the launch of fracking in this country. Cameron and Osborne have declared they are both ‘gung-ho’ to develop this technology to the fullest degree as […]

Tory own goal on debt and the deficit pledges

by Michael Burke.

The Tory Party has decided to make public finances a key battleground for the election. Key supporters of austerity such as the FT’s economics editor Chris Giles have echoed that, arguing that the “defining battle of the 2015 general election [is] over borrowing and public spending“. It is only possible to stake out political ground on […]

The economy should be Labour’s turf, not the Tories’

by Michael Meacher.

It is astonishing that the Tories have opted to fight the coming election on their economic record (maybe because fighting on any other issue would be even worse?) – and equally astonishing that Labour has made such a poor fist of retaliation. The simple truth is, there is nothing at all about the Tory economic […]

Obama imposing $300bn levy on banks & hyper-rich: how about UK?

by Michael Meacher.

It is remarkable that in the citadel of capitalism Obama has just unveiled a plan to impose a levy on the biggest banks and on the wealthiest families that is expected to raise $300bn, yet in Europe any such idea is taboo. In the US the new tax is being crafted to affect only the […]

The light dawns … on the failure of austerity to overcome recession

by Bryan Gould.

A complete understanding of great events will often have to wait until well after the shouting and the tumult die away and a longer perspective permits a more objective assessment of what really happened. Even then, though, greater elucidation proceeds at a glacial pace. Today, we may well find ourselves again at the beginning of […]

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