Economics

When Team Corbyn dared introduce in the UK Labour Party Manifesto a “Tax the Rich” proposal many held their breath, and were more than a little surprised that not only it did not send people into an anti-pinko frenzy but it actually got a lot of praise from respectable economists… »

By George Monbiot for The Guardian James McGill Buchanan’s vision of totalitarian capitalism has infected public policy in the US. Now it’s being exported. It’s the missing chapter: a key to understanding the politics of the past half… »

With a very colourful and peaceful protest march of several tens of thousands, the protest days against the G20 summit in Hamburg ended. They were filled with numerous workshops, discussion rounds, art activities and an alternative summit with thousands of participants and important speakers from the fields of human rights,… »

PRESS RELEASE: Tax Justice Network EU letter ahead of Hamburg summit sets out clear demands on tax avoidance. The European Union has published a letter to EU Heads of State setting out their common position ahead of the G20 summit this weekend. The letter lays down a direct challenge to… »

The top 300 cooperatives alone generate 2.5 trillion dollars in annual turnover, more than the Gross Domestic Product (GDP) of France, according to the UN Department of Economic and Social Affairs (UNDESA). Cooperatives help to build inclusive economies and societies, and can help to eliminate poverty and… »

Thousands marched yesterday in London to oppose the ongoing austerity in the UK which has left health services, education, police, fire services, welfare and housing in a state of crisis. Addressing the crowd Jeremy Corbyn said: “I say to any public sector workers in Northern Ireland or anywhere else –… »

British media have said that cheap materials were used for the refurbishment of London’s Grenfell Tower which was engulfed by flames two weeks ago. According to a published report in The Times on Friday, fire-resistant zinc cladding was replaced with more flammable aluminum panels to save nearly 300-hundred thousand… »

In this video interview, Yanis Varoufakis and Noam Chomsky talk about the concept of a basic income guarantee also knowns as a universal income. – Is a basic income neccessary in today’s day and age? – How will it impact humanity’s future? – How did this idea… »

If anybody had any doubts about the need to refund, reinstate, protect and develop the UK Health Service the process taking place across the Atlantic is providing us with all the reasons. US Senator Elizabeth Warren explains after reading the Trumpcare Bill: ‘This Is Blood Money’. “Senator has read Republican’s… »

Obsession with privatisation, fiscal austerity, deregulation, free trade, and reductions in government spending in order to increase the role of the private sector in the economy and society have been the neoliberal agenda pervading the world economic system since the 70s’ after Friedrich Hayek was given the Nobel Prize in… »