Analysis: If You Thought 2022 Was Bad for Your Bank Balance, Just Wait for the Sequel
by James Meadway
You’ll be poorer, the planet hotter. On the upside, the working class will be readier than ever to take on the crisis that is 2023.
Tag: money
Analysis: Bitcoin’s Wild Fortnight Is a Reminder of Why Crypto Won’t Replace Conventional Currencies Any Time Soon
by James Meadway
Elon Musk might have changed his mind on bitcoin, but China hasn’t. It's a reminder, writes James Meadway, that whatever the whims of billionaires, cryptocurrencies remain at the mercy of central banks.
The Bastani Factor: Do Donors Now Control the Labour Party?
Yesterday Richard Leonard resigned as leader of the Scottish Labour party – less than 24 hours after a potential donor allegedly said they would not give money while he remained in place. This raises huge questions. Firstly whether the Scottish Labour Party is autonomous of the party at Westminster, and secondly whether wealthy donors now […]
Opinion: The Tories Could Feed Poor Children – They Just Don’t Want To
by Francis Brewer
The government says that there isn't enough money to pay for free school meals over half term. Modern monetary theory shows this is a lie, writes Francis Brewer.
Opinion: Does the Bank of England’s Funny Business Signal a Push for Free-Market ‘Solutions’ to Come?
by James Meadway
Recent interventions by the new governor of the Bank of England have been as unusual as they have been alarming. James Meadway takes a closer look and asks why the governor seems to be feeding the free-market spin machine.
Ash Wednesday: Free Money for Everyone!
Free money for everyone – sounds bonkers, right? Well maybe not. With advocates of UBI (Universal Basic Income) popping up everywhere, perhaps this is the solution to increasing populations and technological innovations.
The rise in renting and how it hurts us all
by Elizabeth Grey
Private renting is on the rise, but what are the knock-on effects for young people’s income, pensions and futures?
Osborne’s budget ‘surplus lock’ is a scam to encourage more borrowing from the City
by Joel Benjamin
George Osborne's proposed budget 'surplus lock' will commit future governments to running surpluses when the country is not in recession. Not only will it restrict future public spending, it will channel public money into City banks.
‘Let Them Eat Bingo’: 5 Things About #Budget2014
by Aaron Bastani
Here Aaron Bastani takes a quick look at today's budget. Little has changed from the growth model leading up to the crisis of 2008 he says and the budget is filled with assumptions and projections that are bordering on delusional.
“Money is a lie”: Bez and the morality of debt
by Andrew Dolan
If work if the religion of secular society then debt is its sin. For evidence look no further than early daytime television, and this telling exchange between a self-styled 'consumer champion' and the Happy Mondays' maracas man.
Do They Owe Us a Living? 7 Reasons the Universal Basic Income is Worth Fighting For.
by Andrew Dolan
The Universal Basic Income (UBI) – sometimes called the Unconditional Basic Income, Citizens’ Income or Social Wage – has in recent times become a focus of economic discussion across the political spectrum. While column inches in the Financial Times and The Economist have been racking up, academics such as Stuart White have been articulating how […]