Why the banking industry is not a paragon of free markets, efficiency, or honesty
Despite making record profits and paying record returns to shareholders it resents paying taxes.
Prem Sikka
Rachel Reeves’ budget must reduce inequalities and increase spending capacity of the masses
This is how to secure sustained economic growth
The government must ensure fair distribution of income
‘The average real wage of workers has hardly moved from the 2008 level whilst bosses never had it so good.’
If the government wants economic growth it must bring essential industries into public ownership
Successive governments clobber households and small businesses by hiking interest rates to manage inflation, but don’t inconvenience corporations.
Why the reshuffle alone won’t change the government’s fortunes
“For better electoral fortunes, the government needs to junk neoliberal policies, never-ending austerity; directly invest in infrastructure and redistribute income and wealth.”
How successive governments have created a new rentier economy
Governments appease corporations and the super-rich by following the old policies which benefit a few.
Our state has become a guarantor of corporate profits
Equitable distribution of income and wealth would go a long way towards stimulating domestic demand and investment…
How we can fight back against the right-wing coup
For a better future the power of corporations and wealthy elites must be curbed and reversed
Public ownership is the only way to save the water industry
Public ownership is the only viable alternative but is opposed by the government
Rachel Reeves’ Mansion House speech offered nothing for most people
‘The state needs to be hands-on, and not leave it all to the pirates of City of London’