Welfare State

Fisking Robert Peston on tax avoidance

I stress, I am suggesting nothing illegal happened. But to say that Ian Cameron did not gain from tax avoidance when running such a structure is absurd and Robert Peston has a duty to do better than that if he is to be taken seriously.

The Us Economy Has Not Recovered and Will Not Recover

The American “New Economy” is the American Third World economy in which the only jobs created are low productivity, low paid nontradable domestic service jobs incapable of producing export earnings with which to pay for the goods and services produced offshore for US consumption.

Junior doctors are revolting

The fight that the government has picked with junior doctors is just part of the present attack on the NHS and its staff. Cameron and Hunt are using the vague promise of ‘a truly 7 day NHS’ to impose a contract on junior doctors, in the hope and expectation that if they win they will roll out these changes to other NHS staff. They think the public’s interest and support will wane but we must not let this happen.

Nickel and Dimed in 2016

You Can’t Earn a Living on the Minimum Wage When presidential candidate Bernie Sanders talks about income inequality, and when other candidates speak about the minimum wage and food stamps, what are they really talking about? Whether they know it or not, it’s something like this. My Working Life Then A few years ago, I wrote about my experience enmeshed in the […]

Has the Crash of the Global Financial Markets Begun?

Even as some insist that the global economy is in “secular stagnation,” the facts suggest that we may be entering the “worst” depression in history. The global markets have been on a slippery slope since the summer of 2007, and things have only been getting worse in 2016. The picture looks dismal, no matter which theoretical lens one uses. (This […]

British Public Being Sold Down the River in Democracy Deception

The longest-running set of polls ever undertaken in the UK, which has been ongoing for over thirty years has been on trust in key professions with Ipsos MORI conducting surveys on the subject since 1983. Their surveys consistently show that public trust in politicians has always been low: at no point since 1983 have more than a quarter of the public ever trusted politicians to tell the truth. The lowest trust score was recorded in 2009 in the wake of the expenses scandal, when only 13% said they trusted politicians. Clearly, there must be a deception going on in our democracy.

‘No man is an Island’

This year the Dutch government intend to introduce a universal basic income (UBI) paid to the residents of Utrecht and 19 other Dutch municipalities. Each person will receive the equivalent of about £150 a week whether working or not. The unemployed won’t be penalized for finding work because they will receive their employment income in addition to the universal income payment.

Junior doctors’ struggle: “The Tories are vulnerable”

The reality is rapidly dawning on many working within the NHS that the Conservatives’ aim is to demoralise healthcare professionals, demand that these same healthcare workers do more with less funding, and allow the NHS to fall apart, in order to justify opening it up to privatisation.
Now, junior doctors, along with the rest of the labour movement, must support our consultant and nursing colleagues in their own battles, as part of a wider fight against the Tories, against austerity, and for a socialist alternative.

The Populist Revolution: Bernie and Beyond

The world is undergoing a populist revival. From the revolt against austerity led by the Syriza Party in Greece and the Podemos Party in Spain, to Jeremy Corbyn’s surprise victory as Labour leader in the UK, to Donald Trump’s ascendancy in the Republican polls, to Bernie Sanders’ surprisingly strong challenge to Hillary Clinton – contenders with their fingers on the popular pulse are surging ahead of their establishment rivals.

Davos is the problem, not the solution

For the majority of people of the planet, but not for the super, super rich, things have gone backwards since the first Davos meeting was held. That’s no coincidence as Davos – for all the ’progressive’ waffle about ‘stakeholder theory’ and the ’global public interest’ – is all about maintaining an elite-friendly, neoliberal economic order which has caused so much economic, social, cultural and environmental damage.

Big Crony CEO Pay Grab–Effects Beyond Greed!

As the New Year gets underway, the highest-paid CEOs of many large corporations have already paid themselves more than the average worker will earn in the entire year! By the end of the first week of January, the highest-paid CEOs had already made as much as their average workers will earn over 8 years.