Time to muzzle the legal loan sharks

Lisa Nandy MP talks about the problems caused by the extortionate rate of legal loan sharks and discusses the End Legal Loan Sharks campaign.

Tackling climate change requires a just transition to a low carbon economy

When he was environment secretary, David Miliband asserted that only Labour could tackle climate change. He argued that this was because only Labour recognised the need to intervene in markets. The Conservatives’ instincts, he said, would always pre-dispose them to solutions that stopped short of the measures necessary to set our economy on the route towards a low carbon, sustainable future. This, of course, was after the Stern report which had said that climate change was the greatest market failure the world had ever seen.

Debating financial regulation: The people v the City

As students continued to protest against the commodification of education, and Ireland prepared for a bailout, the New Political Economy Network met to discuss the realities of financial regulation. It was agreed that regulation – or re-regulation – is needed in order to protect against predatory and dehumanising financial practises. Inseparable from regulation, according to Maurice Glasman and Costas Lapavitsas, is the state’s capacity to be a force for social democracy.