Posts Tagged ‘Market Failure’

Antibiotics and a crisis for capitalism

by Scott Nicholson.

Last March 2013, England’s Chief Medical Officer, Dame Sally Davies gave the stark warning that antimicrobial resistance poses “a catastrophic threat“. Unless we act now, she argued, “any one of us could go into hospital in 20 years for minor surgery and die because of an ordinary infection that can’t be treated by antibiotics. And […]

When will Labour tackle market failure and revive the role of the State?

by Michael Meacher.

The roll call of shame and disgrace about the record of the private banks, privatised utilities and outsourcing companies has now reached such a pitch that surely Labour must now challenge the whole culture of ‘the market knows best’ and in the extreme form of the neoliberal ideology that ‘government should get out of the […]

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