Live: What’s in Rishi Sunak’s Budget?
Does Rishi Sunak's budget speech show the Tories have finally dumped Osbornomics to instead channel John McDonnell?
Tag: Economy
Opinion: The Rapid Development of Covid Vaccines Shows How Healthcare Will Completely Change. But Who Will Benefit?
by Aaron Bastani
The scientific response to Covid-19 illustrates humanity’s immense capacity for problem-solving, writes Aaron Bastani. But in order for us all to benefit from new healthcare technologies, we must dismantle an economic system that is holding us back.
Novara FM: After the Robots: Aaron Benanav on Work, Automation and Utopia
What if the automation theorists are wrong? How might we build utopia without them? Aaron Benanav joins James Butler to gaze into the future.
Live: Sunak’s Spending Review
With a public sector pay freeze and cuts to foreign aid, has Rishi Sunak’s spending review shown him to be a typical Tory class warrior? With Michael Walker, Ash Sarkar and James Meadway.
The Bastani Factor: Is the UK High Street Dead?
What does the hollowing out of the high street do to the psyche of a town? And has the expansion of higher education obscured the precipitous decline of retail and other industries? Aaron Bastani heads to Portsmouth and Bournemouth to better understand the collapse of Britain's town centres.
Interview: Coronavirus: Is This the End of Free Market Capitalism?
While it has already led to more than one million deaths, the consequences of Covid-19 go beyond just public health with 2020 experiencing the sharpest economic downturn in history. Of course much of that was intentional, with demobilisation seen as necessary to control the virus, but what are the longer term economic impacts? Will some […]
Live: Sunak’s Screeching U-Turn
Rishi Sunak has annnounced an extension to the furlough and, once again, the realities of covid have forced the government into another screeching U-turn. Do the Tories still lack a strategy for dealing with the virus? Plus: Trump’s bizarre twitter vids and Number 10’s new spokesperson. With Michael Walker, Dalia Gebrial and James Meadway.
Opinion: The Worst Recession on Record. The Highest Death Toll in Europe. Make No Mistake – the Government Led Us Here
by James Meadway
The UK has entered its worst recession since records began and has the highest Covid-19 death toll in Europe. The government has led us here, writes James Meadway, and shows no sign of realising the scale of the crisis we're facing.
The Bastani Factor: In the Era of Coronavirus Is the High Street Facing Collapse?
They employ millions, and form the heartbeat of the economy, but are jobs on high streets – in retail and hospitality – now facing wipeout?
Opinion: The Real Reason Lockdown is Ending? Our Broken Economic System Has No Alternative
by Aaron Bastani
As Britain feigns a return to normality, it’s increasingly clear that the economy matters more to this government than human life. Aaron Bastani argues we aren’t exiting lockdown because it’s safe, but because there's no other option for our already broken economic system.
Live: Rishi Sunak’s Meal Deal
Rishi Sunak claims his mini-budget will save your job and save the high street, but is a bonus for employers and a half-price meal voucher enough to save Britain from a virus-induced depression? With Michael Walker, Faiza Shaheen and Owen Jones.
Opinion: Who Will Pay for a Changing World? We’re Starting to See This Government’s Answer
by James Meadway
With the shock of the first wave of coronavirus still washing through the economy, and forecasts of millions unemployed by the autumn, today Rishi Sunak is set to announce measures to deal with the developing crisis. James Meadway takes a look at what we can expect.
Opinion: The Government’s Short-Termism Has Trashed the Economy
by James Meadway
News that the economy shrank by over 20% in April shows the stupidity of playing the economy off against health, argues James Meadway. By dithering on the lockdown, at least partly in the belief that the economic costs could be reduced, we have not only achieved a worse outbreak but also trashed the economy.
Opinion: The Government is Showing Its Economic Hand – and the Left Will Need a Smart Response
by James Meadway
If you're still in 'austerity autopilot', it's time to snap out of it, argues James Meadway. Johnson's government has accepted the reality of ultra-low interest rates and now intends to remake the British economy in ways that will challenge the left's comfort zones.
Novara FM: The Economy Goes on Holiday
James Butler is joined by Will Davies, to discuss the 'holiday of exchange value' and the political economy of the pandemic.
Live: The Coronavirus Crash (With Adam Tooze)
As economies around the world go into deep freeze, Aaron Bastani is joined by economic historian Adam Tooze to discuss the scale of the downturn and what it means for modern capitalism.
Opinion: From Geopolitics to High Streets, Covid-19 Will Change Everything. Here’s Why.
by Aaron Bastani
When Covid-19 is eventually defeated the whole world will be very different. In its wake we must create a collective sense of purpose, writes Aaron Bastani, a shared desire to build something better than what came before.
Opinion: We Must Democratise Our Economy or Face an Era of State Monopoly Capitalism
by Grace Blakeley
The Covid-19 pandemic is epoch-defining, writes Grace Blakeley. It could herald the end of the era of finance-led growth, and the beginning of state-monopoly capitalism. Socialists must adapt or face another lesson in disaster capitalism from the right.