Posts tagged with: market capitalism

What Was the Alternative?

Since 2010, the UK economy has been shaped by three critical government decisions: Austerity, Brexit and COVID. We have previously argued that the government mishandled all three (see Austerity, Brexit, COVID – an ABC of Economic Mismanagement). Now even the former Chancellor and would-be Prime Minister, Rishi Sunak, has admitted that the UK faces a […]

An Unwelcome Certainty in an Uncertain World

As Niels Bohr remarked, “Prediction is very difficult, especially about the future.” And that general remark is particularly true about politics where decisions are taken on the basis of complex (and sometimes less than transparent) motivations. Given that, is it safe to make any predictions whatsoever about the result of the Conservative Party leadership contest? […]

Back to the 1970s

In recent years, many people have come to feel that the economy is just not working for them. In fact, median wages are lower today than they were in 2007 – a period of mass impoverishment not seen since the 1820s. And now we have a cost-of-living crisis brought on by rising inflation. There are […]

The Real Battle for Control of the UK

The battle in the UK is not the traditional competition between parties, but a much more dangerous struggle between a small number of billionaires and the bulk of the UK population On 5th May, much of the country went to the polls: most for local and mayoral elections, and Northern Ireland for the Assembly. The results […]

Why Sunak Fails

Every spring, the Chancellor produces a mini-budget, the Spring Statement. This one faces a few challenges: for the last 12 years, most people in the UK have been getting poorer which is an unprecedented phenomenon in modern British history; we have a still unresolved pandemic which has both health and economic side-effects; oil and energy […]

When the 99% Become the Downwardly Mobile

  You may feel life is getting less and less affordable – as many people do. But the government claims that the UK has a strongly growing economy and that we all benefit from that. It even, not entirely truthfully, claims that we have the fastest growing economy in the G7. You may be wondering […]

The Reality of Health Insurance

    In the UK, our healthcare is (largely) funded through the tax system and provided by the NHS. But Sajid Javid does not like that. He thinks, “government shouldn’t own all risks and responsibilities in life. We, as citizens, have to take some responsibility for our health too. We shouldn’t always go first to […]

Combatting Dangerous Bills

This government has introduced several Bills which are against the interests of 99% of the UK population. We and other organisations are campaigning against them. To campaign effectively, it is crucial to understand how Bills become law and how bad Bills can be scrapped or amended. This article explains both the normal process by which […]

The Wars of Johnson’s Career

The most ridiculous war in British history is possibly the War of Jenkins’ Ear. But the most needlessly damaging may be the Wars of Johnson’s Career. In order to promote or salvage his own career, Johnson has dragged Britain into metaphorical but enormously damaging wars with: The European Union; UK business and economy; The British […]

Through the Crystal Ball

2021 was a momentous year politically, in terms of public health, and in terms of the economy. It was also the year which showed us how unpredictable the world can be – and in particular the world of politics. In September, Johnson reshuffled his cabinet; and this reshuffle was described by the FT as displaying […]

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