The righteous have their work done for them by others, the old Jewish proverb insists. Now that newspapers from the Daily Mail through to the Financial Times routinely run headlines describing ‘capitalism in crisis’, what purpose can possibly be served by rising at the crack of dawn to sell Socialist Worker to the early shift? […]
Posts Tagged ‘Recession’
Opposing New Labour orthodoxy may well be a winner
Oct 2nd, 2011 by Michael Meacher.What is so striking about the reaction to Ed Miliband’s speech on the Tory/New Labour Right is their sheer disbelief that any alternative to globalised markets and the corporate ascendancy is feasible, such is their belief in the inevitability of unfettered market capitalism. The arrogance of this view takes some beating. The current neoliberal system […]
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The mother of a crisis is on its way
Aug 19th, 2011 by Jon Lansman.The crisis is coming, and, though the bankers are still raking it in, the shit is really about to hit the fan. I can’t put it better than three wise men, whose concise views I quote at length: Duncan Weldon is terrified by bond yields: We have falling equity prices, falling commodity prices, record low […]
