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Postcapitalism: A belated review
Is capitalism coming to an end? Perhaps not its end, but it is facing a number of difficulties. These aren’t episodic issues that can simply be reformed away by enlightened politicians or ironed out by...
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Tories want to drive living standards lower. Corbyn wants to end austerity
This article first appeared on Socialist Economic Bulletin. During the current crisis the UK has experienced the longest-ever recorded fall in living standards. The biggest part of that fall is not the...
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The IFS: viewing the economy through wrong end of a telescope
Ann Pettifor Government debt should not be measured in pounds; it should be measured in GDPs. When GDP is high, so are tax revenues, and so is the ability of the government to repay. – Prof. Roger...
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For eighteen months county Durham’s teaching assistants have stood bravely...
Some eighteen months have passed since the nightmare began for the teaching assistants of county Durham. In December 2015, Durham County Council (DCC) announced proposals to sack the county’s 2,700...
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Tories’ tribunal fees ruled unlawful
Unalloyed goodness is a rarity in politics, especially when it comes to labour movement politics. But the decision handed down by the Supreme Court this morning ruling that employment tribunal fees are...
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On Labour’s “sexist” industrial strategy
When Jess Phillips speaks it rarely ends well. On this occasion, seemingly determined to ruffle as many feathers as possible, she is reported as saying that “left-wing men are the absolute worst” when...
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The NPF Economy, Business and Trade Report – some progress made, but a long...
In contrast to most of the other NPF Policy Commission reports the Economy Report proposals are more reflective of the new “Corbynite” Left Keynesian agenda than the poor quality material it produced...
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The neoliberal road to autocracy – a response to criticism
Ann Pettifor In an article “The neoliberal road to autocracy”, published in April 2017 on the website of International Politics and Society, I wrote this: Of all these promises, the one that...
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Brexit: some questions
1) To what extent would a hard Brexit result in a substantial economic downturn from which no recovery would be likely in the short term? The answer depends on the deal/or none that is eventually...
View ArticleThose who helped break the economy cannot fix it
Make no mistake, yesterday’s increase in interest rates was a big deal. Painful as it might be for a good share of the population, the real point is that the Bank is signalling the end of a particular...
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