I noted a report in the Independent yesterday about comments that the shadow chancellor, Chris Leslie, had made about why he called Corbynomics. These are, I presume, the policies announced by Jeremy Corbyn nearly two weeks ago. I spoke at the launch of those policies and since they were largely lifted from this blog I feel I have a right and duty to defend them. Continue reading
Posted by Richard Murphy
The end of my European dream
The imposition of German demands on Greece, without consideration for its democracy, sovereignty or interests, is one of those moments that changes everything.
I grew up with a European dream. Born in 1958 I was politically aware from a very young age. Much informed my early views, but most influences were, inevitably, personal. I wanted comprehensive education because of the damage the 11 plus caused to my family. I was always interested in Ireland because of my obvious family connections. And Europe mattered because I never met the grandfather who gave me my name as he died as a result of service in the Royal Navy during the Second World War. Continue reading
Has Labour freed itself from fear? It can’t be courageous if it doesn’t
Even Labour’s own supporters are saying it’s time for them to deliver some policies. I agree. And I’m not asking for the sort of thing that promises a VAT reduction on replacement windows. I’m asking for substance. Substance is a tough ask. The Guardian is interpreting it as relating to economics and of course it does, but only, I’d suggest in part.
Substance means tackling the issues of real concern and they’re deeper than froth this time. When Clinton reckoned all elections ‘were about the economy, stupid’ the world was very different from the one we live in now. Economics was about growth and growth was about having more and the winner was the person who the voter thought could deliver the most more. Continue reading
The Coop group is in a mess: deal with it
I’m angry that the Co-op group is in a mess.
As a member I have been let down.
As a customer of the bank they’ve failed me.
As a believer in the co-op approach to business I am disappointed that flagship co-op has failed so many other successful co-ops by its actions.
I am annoyed that an individual can be allowed to do so much harm.
But let’s be clear about what I’m most annoyed about, and that’s that the Co-op Group let itself be used. Continue reading
Building the tax justice consensus
For more than thirty years the politics of the UK and most other western democracies has been dominated by a notable and consistent adherence to a single consensus on tax issues. That persistent policy approach has been built around what has been described as the Washington Consensus. That agenda, which translated neoliberal thinking into policy prescriptions, had powerful implications for the political economy of tax. Continue reading