economics | Novara Media

Who Wants to Build a Left-wing Private Equity Firm?

Dani McDonald and Ben Tippet

In light of John McDonnell's recent economic proposal, Dani McDonald and Ben Tippet make the case for building a greater worker democracy through transforming businesses into worker-owned cooperatives.

Explainers: #Crapitalism: Industrial Strategy

In this new series #Crapitalism: Grace Blakeley explains what industrial strategy is and argues that ‘building it in Britain’ could be a good thing.

Interview: Interview With David Harvey

Last September Aaron Bastani sat down with the world’s leading expert on Karl Marx; David Harvey. They discussed the relevance of Marx today, productivity, China and so much more. Enjoy.

IMOBastani: Britain’s Economy Is in Meltdown

In all honesty Britain’s economy is absolutely broken, ten years ago it was common to hear of a lost decade for Japan and Italy, well the same has just happened to Britain on the things that matter like wages and productivity while the deficit, the one thing the Tories wanted to be measured by, is […]

Long Read: How Conservative Austerity Cost the UK Billions

Raoul Martinez

Since 2010, the Conservatives have repeatedly claimed that only they can be trusted to run the economy. Where a prodigal Labour party would run the economy into the ground with excess spending, they say they're prepared to take the 'common-sense' approach of austerity. Raoul Martinez argues that this story doesn't ring true; austerity is a recipe for economic misery.

IMOBastani: Karl Marx? He Was Right.

The British media recently castigated John McDonnell for admitting he had read Karl Marx. But there’s just one problem with that – he’s never been more relevant.

IMOBastani: We Don’t Need a Low Tax Economy for the Rich

Today Labour’s draft election manifesto was leaked. Many policies in it, from eliminating tuition fees to building new social housing, will be paid through increasing tax on high income earners and the profits of large corporations. Higher tax in these areas wouldn’t make Britain the exception, it would make it normal.