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A journey into the vice-ridden world of banking

The primary objective of the world’s leaders is to avoid another banking and financial crash that could be worse than the one in September 2008... [read more]

Banks versus the People: The Underside of a Rigged Game! (Part 1)

Eric Toussaint looks at 2007-2012: Six years that shook the banking world... [read more]

The Banks, Fragile Giants

Part 5 of Eric Toussaint's series Banks versus the People: the Underside of a Rigged Game shows that big banks continue playing with fire, because they are persuaded that governments will save them whenever necessary... [read more]

A long and dishonourable tradition

George Osborne may be just about the last person in Britain to believe that austerity offers a real path to recovery from recession and the resumption of growth - and it may be doubted that even he remains a true believer, writes Bryan Gould... [read more]

Banks in Crisis? Take them Over

With politicians and financial experts grasping at straws in their efforts to resolve the worst economic crisis in decades, Mick Brooks outlines the case for the nationalisation of the banking system.... [read more]

Trump Takes on the Fed

The president has criticized Federal Reserve policy for undermining his attempts to build the economy. The best way to make the central bank serve the needs of the economy is to make it a public utility.... [read more]

How to Wipe Out Puerto Rico's Debt Without Hurting Bondholders

During his visit to hurricane-stricken Puerto Rico, President Donald Trump shocked the bond market when he told Geraldo Rivera of Fox News that he was going to wipe out the island’s bond debt.... [read more]

Banks bluff in a completely legal way

Part 8 of Eric Toussaint's series Banks Versus The People: The Underside Of A Rigged Game!... [read more]

Crushing the States, Saving the Banks: The Fed’s Generous New Rules

The new terms could be harnessed for local governments to own and operate their own banks.... [read more]

The Marxism of David Harvey

Harvey is a Left thinker. Harvey, by training, is a geographer, but has made politics and economics the focus of much of his work and much of his writing.... [read more]

The Fed's Dramatic About-Face

“Quantitative easing” was supposed to be an emergency measure, but the Federal Reserve is now taking a surprising new approach toward the policy.... [read more]

Universal Basic Income Is Easier Than It Looks

Calls for a Universal Basic Income (UBI) have been increasing, most recently as part of the “Green New Deal” introduced by Rep. Alexandria Ocasio-Cortez, D-N.Y., and supported in the last month by at least 40 members of Congress... [read more]

A Terrible Thought

Suddenly, A terrible thought struck me. What if Avi Gabbay really believes what he is saying?... [read more]

Dear Mr. President, Be Careful What You Wish for: Higher Interest Rates Will Kill the Recovery

Higher interest rates will triple the interest on the federal debt to $830 billion annually by 2026, will hurt workers and young voters, and could bankrupt over 20% of US corporations, according to the IMF.... [read more]

Abu-Mazen's Balance Sheet

People wonder why Netanyahu denounces Abbas as an "inciter", while not mentioning Hamas. To solve this mystery, one must understand the Israeli Right does not fear war, but is afraid of international pressure – and therefore the "moderate" Abbas is more dangerous than the "terrorist" Hamas.... [read more]

Can Jill Carry Bernie’s Baton?

Bernie Sanders supporters are flocking to Jill Stein, the presumptive Green Party presidential candidate... [read more]

How the world was saved from a nuclear catastrophe

In 1983 the world stood on the brink of a nuclear holocaust. War between NATO and the USSR was prevented by a high ranking NATO official secretly working for the GDR foreign intelligence service... [read more]

Why Not Create A Scottish Pound and Adopt Investment Credit Economics to Scotland’s Benefit?

On 21 February I sent an email to the Government of Scotland, suggesting it would be an immense advantage to the “Yes” campaign for Scottish independence if the Scots adopted a policy of having their own currency when independent... [read more]

The circulating money supply: Why QE3 won’t jumpstart the Economy—and What Would

The economy could use a good dose of “aggregate demand”—new spending money in the pockets of consumers — but QE3 won’t do it. Neither will it trigger the dreaded hyperinflation. In fact, it won’t do much at all. There are better alternatives, argues Ellen Brown.... [read more]

Between Politics and Principles: Hamas’ Perilous Manoeuvres

Despite all of Hamas’ assurances to the contrary, a defining struggle is taking place within the Palestinian Islamic movement, writes Ramzy Baroud.... [read more]

Bullying and Hijacking Muslim Women’s Voices in the UK Live on Air

Iqbal Tamimi reflects on a gross incident of on-air sexist bullying on the UK Arabic TV channel, Alhiwar.... [read more]

Freedom of Expression and the BNP

Chris Bath considers the ongoing debate about the limits of freedom of speech.... [read more]

The Fed’s Baffling Response to the Coronavirus Explained

When the World Health Organization announced on Feb. 24 that it was time to prepare for a global pandemic, the stock market plummeted.... [read more]

Pinocchio's Green Nose

If your only introduction to the character of Pinocchio was Disney's animated adventures, you were assumed not to be "man enough" to handle Carlo Collodi's original and far more brutal fairy-tale... [read more]

Capitalism Made You A Whore

This somewhat ranty piece won't win me any friends among the so-called sisterhood... [read more]

WHO SPEAKS FOR THE WOMEN OF THE WAR?

War tends to be men’s way of settling the quarrels between tribes and territories. Homer depicts the heroic, savage or mad acts of men in the Trojan War. The women come later with Odysseus’s wanderings... [read more]

How America Can Free Itself From Wall Street

Wall Street owns the country. That was the opening line of a fiery speech that populist leader Mary Ellen Lease delivered around 1890. Franklin Roosevelt said it again in a letter to Colonel House in 1933, and Sen. Dick Durbin was still saying it in 2009. ... [read more]

Control Freaks

Open your hand and breathe into the palm. Now close your fist. What have you caught?... [read more]

Transaction Analysis

Baffled? Confused? Me too!... you, too?... [read more]

Reportage: Adjusting the Focus

Two book reviews by outRageous!... [read more]

Saving Illinois: Getting More Bang for the State’s Bucks

Illinois is teetering on bankruptcy and other states are not far behind, largely due to unfunded pension liabilities; but there are solutions.... [read more]

Danegeld

It was just over a thousand years ago that the King of England shook his piggy bank and found it full of twigs and trinkets. He needed dosh and he needed it fast.... [read more]

Trading Places

More than ever in human history, we're caught in a tug of war that threatens to destabilise entire populations and even to redefine geo-political and cultural boundaries.... [read more]

The Italian Banking Crisis: No Free Lunch—or Is There?

It has been called “a bigger risk than Brexit”– the Italian banking crisis that could take down the eurozone... [read more]

Western countries cling on to censorship to save 'democracy'

News outlets like Russia Today, whether or not you agree with the content and ideas espoused, promote diversity of thought and provide a different perspective on world events that is urgently needed to broaden opinions, balance perspectives... [read more]

Trump’s $1 Trillion Infrastructure Plan: Lincoln Had a Bolder Solution

Central banks have been pumping money into the global economy without a whole lot to show for it... [read more]

More Equal Than Others

Our society thrives on inequality, insofar as it thrives at all... [read more]

Central Bank Digital Currencies: A Revolution in Banking?

Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies... [read more]

Cannabis -Marijuana: The “War on Weed” Is Winding Down – But Will Monsanto/Bayer Be the Winner?

The war on cannabis that began in the 1930s seems to be coming to an end... [read more]

Health and Humanity Part 4: MIC and BPS

The recent and ongoing reaction of the political class here in the UK to the first prominent peace-promoting party leader in recent times is a yardstick for the modern politician’s disregard to anything Eisenhower said... [read more]

Replacing reality by fantasy

John Green tales a look at the recent, much-hyped German series Deutschland 83... [read more]

A Crisis Worse than ISIS? Bail-Ins Begin

While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US... [read more]

Greece: Alternatives to the Capitulation

On 5 July 2015 the Greek people overwhelmingly rejected the austerity measures imposed by the institutions that were known as the Troika... [read more]

Grexit or Jubilee? How Greek Debt Can Be Annulled

The crushing Greek debt could be canceled the way it was made – by sleight of hand... [read more]

The Speech

I was watching The Speech by Binyamin Netanyahu before the Congress of the United States. Row upon row of men in suits (and the occasional woman), jumping up and down, up and down, applauding wildly, shouting approval... [read more]

A Slow-Burning Revolution‏

Former MP and member of the Labour shadow cabinet, Bryan Gould, details the beginnings of a paradigm shift in economic thinking... [read more]

Uday Al-Zaidy – Another Life in the Balance in “The New Iraq”

Uday Al-Zaidi symbolizes all condemned to the nightmare of Iraq’s jails secret and overt in the “New Iraq.”... [read more]

EU Showdown: Greece Takes on the Vampire Squid

Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken... [read more]

A strategy for improving economic performance

Former MP and member of the Labour shadow cabinet, Bryan Gould, discusses a strategy for improving economic performance and addressing inequality... [read more]

Artists and the Law: Exploring A Jurisprudence Of New Capabilities

When I first heard the suggestion that the judiciary and greater Parliamentary oversight could redress the reckless use of new capabilities by Britain's security service GCHQ, an image flashed into my mind of a 1903 painting by Australian impressionist Tom Roberts - known locally as The Big Picture... [read more]

Banks versus the People: the Underside of a Rigged Game (Part 6) - Even the IMF agrees…

In October 2012, the IMF provided a key explanation of why the crisis was getting worse in Europe... [read more]

The Many Major Uses of Investment Credit Creation: A brief walk through the observed results so far, and the future possibilities made available through Shimomuran Economics

Money is the measure of all things and personal wealth sets the boundaries of what the individual and his or her family can afford... [read more]

A Brief Guide To Early Chinese History: The Mongol Conquest Of China And Its Consequences

George Tait Edwards introduces the next in a series of articles about early Chinese civilisation to help put into context the country's recent economic rise... [read more]

The Leveraged Buyout of America

In a letter to Federal Reserve Chairman Ben Bernanke, US Representative Alan Grayson and three co-signers expressed concern about the expansion of large banks into what have traditionally been non-financial commercial spheres... [read more]

Banks versus the People: the Underside of a Rigged Game! (Part 3) - The greatest offensive against European social rights since the Second World War

We should not underestimate the capacity of the elites to make the most of a crisis situation writes Eric Toussaint... [read more]

The ‘MENA’ region and the International Monetary Fund

Daniel Robicheau describes the lead up to the war in Syria and the involvement of the IMF... [read more]

It Can Happen Here: The Bank Confiscation Scheme for US and UK Depositors

Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets reveals Ellen Brown... [read more]

Lenin on the Need for Political Compromise

As part of his series of articles analysing Lenin's classic work "Left-Wing" Communism: an Infantile Disorder, Thomas Riggins looks at what Lenin had to say about compromise and cooperation with political rivals... [read more]

Growth Comes with Jobs, Innovation and Access to Credit

David Eade talks to Parti Socialiste MP Axelle Lemaire about French President François Hollande budget for 2013... [read more]

Human Conflict- is there a solution?

Professor David Rahni of Pace University, New York, asks a controversial question- Are humans genetically programmed for destruction, greed and fear of others?... [read more]

Don’t Quota Me

Is there a single reputable argument in favour of positive discrimination? The fact that so many of our institutions are unrepresentative of the make-up of society is of course deplorable, but manipulating recruitment in order to create an artificial balance is no way to put this right, writes W Stephen Gilbert.... [read more]

Embracing the Working Time Directive

Karl Davis has some advice for David Cameron... [read more]

Fatah: A New Beginning or an Imminent End?

The 'pragmatism' of the Fatah Congress threatens to derail the Palestinian national project,as Ramzy Baroud explains.... [read more]

Green Shoots of Economic Recovery?

Mick Brooks considers recent claims that the world economic system is on the mend.... [read more]

Should There Be a European Criminal Record?

Alexa Van Sickle examines the implications of a controversial new European Union initiative.... [read more]

Masterchef 2020 final

Masterchef 2020 final - it is wildly unfair that Sandy Tang didn't win... [read more]

Socialism at Its Finest after Fed’s Bazooka Fails

In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of the last three years... [read more]

The Bigger Picture

Here in the UK, the British Academy of Film and Television has just presented the Bafta awards, and yes, as an elected lifetime member I’m one of the several thousand who vote for the nominees.... [read more]

The Fed Protects Gamblers at the Expense of the Economy

Although the repo market is little known to most people, it is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades... [read more]

REMEMBER HIM AND READ HIM

A poet believes in poetry, not only his work but the genre itself and all that is contained within the word poetry, the making of words that mean more than words can say... [read more]

Is the Run on the Dollar Due to Panic or Greed?

What’s going on in the repo market? Rates on repurchase (“repo”) agreements should be about 2%, in line with the Federal Reserve funds rate... [read more]

The Disaster of Negative Interest Rates

The dollar strengthened against the euro in August, merely in anticipation of the European Central Bank slashing its key interest rate further into negative territory.... [read more]

Facebook May Pose a Greater Danger Than Wall Street

Payments can happen cheaply and easily without banks or credit card companies, as has already been demonstrated—not in the United States but in China.... [read more]

Short Essay on the Greek Crisis

This short essay is a study of the history and politics of the Greek Crisis... [read more]

The Secret to Funding a Green New Deal

As alarm bells sound over the advancing destruction of the environment, a variety of Green New Deal proposals have appeared in the U.S. and Europe... [read more]

High & Mighty

A few decades ago, a visit to my cousin in upstate New York included a trip to a shopping mall. ... [read more]

Marie Colvin, Homs and Media Falsehoods about Syria

In April 2014 I was part of an international delegation which visited Syria for five days. In each city we had meetings with political, religious and social leaders but also had time to wander about and talk with people on the streets. ... [read more]

A Global Battle of Values and Ideals

With each day that passes the conflict and animosity between the conservative reactionary forces and the global movement for progressive change becomes more acute, uglier and increasingly dangerous... [read more]

This Radical Plan to Fund the ‘Green New Deal’ Just Might Work

With what author and activist Naomi Klein calls “galloping momentum,” the “Green New Deal” promoted by Rep.-elect Alexandria Ocasio-Cortez, D-N.Y., appears to be forging a political pathway for solving all of the ills of society and the planet in one fell swoop... [read more]

Britain’s Homeless Crisis

Under the suffocating shadow of economic austerity, homelessness in Britain is increasing, poverty and inequality deepening.... [read more]

Brexit and the Labour Party

One of the things people were promised under Corbyn’s leadership, was a genuine member-led party, where members’ views were listened to and acted on.... [read more]

Juggling the Devil Sticks: Imran Khan, the military establishment and the Kashmir 'issue'

As soon as Imran Khan took charge of the office of Prime Minister he announced a number of cosmetic economic policies... [read more]

Strong as Death

I have spent many happy hours in Gaza. I had many friends there. From the leftist Dr. Haidar Abd al-Shafi to the Islamist Mahmoud al-Zahar, who is now the foreign minister of Hamas... [read more]

Classy Questions

Are you fit enough to join the front-line in the UK's Class War?... [read more]

The Bayer-Monsanto Merger Is Bad News for the Planet

Bayer and Monsanto have a long history of collusion to poison the ecosystem for profit. The Trump administration should veto their merger not just to protect competitors but to ensure human and planetary survival.... [read more]

A Song is Born

The situation in the Gaza Strip is as close to hell as one can get. Food at subsistence level, electricity for two to four hours a day, the water is polluted. Work is extremely scarce. Only the most severely ill are let out.... [read more]

The War on the Post Office

The US Postal Service, under attack from a manufactured crisis designed to force its privatization, needs a new source of funding to survive. Postal banking could fill that need.... [read more]

What We Need

One of the most frustrating aspects of analysing current events is just how fast the world-picture changes... [read more]

Political commentators

Political commentators have long been puzzled by the fact that, right across the globe and for several decades, the political left has been in retreat and – more than that – has apparently been unable to mount any significant challenge to the growing neo-liberal hegemony which has dominated western democracies since the 1980s... [read more]

Nation, language, culture - play things of the elites?

One vital aspect of Globalisation is that local wage traditions, built up over centuries of trade union struggles by the working class, have to give way to cheap labour that moves at the speed of money around the globe to satisfy the needs of multinational companies. Cheap labour has been achieved by making wars and creating a refugee crisis... [read more]

Wistful Eyes

From whatever angle one looks at it, the death sentence is a barbaric and stupid measure. It has been abolished by all civilized countries, except some US states (which can hardly be called civilized)... [read more]

Sovereign Debt Jubilee, Japanese-Style

Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too.... [read more]

If China Can Fund infrastructure with Its Own Credit, So Can We

While American politicians debate endlessly over how to finance the needed fixes and which ones to implement, the Chinese have managed to fund massive infrastructure projects all across their country, including 12,000 miles of high-speed rail built just in the last decade... [read more]

The Tunic of Nessus

In a few weeks, Israel will celebrate the 50th anniversary of the Six-Day War. Millions of words, most of them hollow, will be poured out. As usual.... [read more]

Quo Vadis, Venezuela?

Even if highly exaggerated in the western press, the economic and political crisis in Venezuela is real... [read more]

Alone Of All The Arts

Writing is the hand that feeds society’s conscience and consciousness. Writing examines life, the essential process of civilized awareness, the fuel of serious social discourse... [read more]

Funding California Schools: Proposition 51 Versus a State-owned Bank

There is a much cheaper way to fund this $9 billion school debt... [read more]

Libya, David Cameron’s “Iraq”? Damning Report Shreds Another War Monger

Former UK Prime Minister David Cameron is consistent in just one thing - jumping ship when the going gets tough... [read more]

The Only Way Is Ethics: A Crash Course in Six Parts

Part Four: Who's That Skulking In The Lobby?... [read more]

Jeremy Corbyn, Labour’s Unelectable Leader

The strident anti-Corbyn headlines are endless. Almost every day a new headline drums the message home: Jeremy Corbyn must go... [read more]

“Print the Money”: Trump’s “Reckless” Proposal Echoes Franklin and Lincoln

The right of government to issue its own money was one of the principles for which the American Revolution was fought... [read more]

Self, Celebrity, Debt And Sport

"Whenever you find yourself on the side of the majority it is time to pause and reflect" Mark Twain... [read more]

Clean eating versus industry

During the eighties and nineties here in the UK we were broadly encouraged to eat lower fat spreads such as margarine, associated with a push for polyunsaturated fat consumption... [read more]

What is to be Done with the Banks? Radical Proposals for Radical Changes

Immediate measures for moving towards socialisation of the banking sector... [read more]

The War on Savings: The Panama Papers, Bail-Ins, and the Push to Go Cashless

Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends... [read more]

Iraq Invasion - Anniversary of The Biggest Terrorist Attack in Modern History?

Since terrorism is again in the news, it is timely to revisit one of the biggest acts of terrorism in modern history - the illegal invasion and destruction - ongoing - of Iraq... [read more]

The Left Case For Brexit

Former Labour shadow cabinet minister, Bryan Gould, puts forward the left wing case for Brexit... [read more]

Clean Eating Logic

The logic behind clean eating is simple... [read more]

An Unlikely Story: the Radio Times sells badger culling

The latest issue of the Radio Times must be making anti-badger culling people spitting mad... [read more]

EU - Should we stay or should we go?

Former Labour shadow cabinet minister, Bryan Gould, questions the economic benefits Britain supposedly derives from being part of the EU... [read more]

Health and Humanity Part 3: Charity Begins At Home

Increasingly, it appears charities and NGOs are behaving in a corporate fashion, which may or may not be a good thing.... [read more]

When God Despairs

God is shaking his head. These humans, He asks Himself, will they never learn... [read more]

Just A Ride

The Wachowski Brothers’ 1999 Film 'The Matrix' centres upon the concept that the modern world may not be all we perceive it to be... [read more]

The Populist Revolution: Bernie and Beyond

The world is undergoing a populist revival. From the revolt against austerity led by Syriza to Jeremy Corbyn’s surprise victory as Labour leader... [read more]

The big private banks run on LTRO

Part 6 of the series 'Too Big to Fail' by Eric Toussaint... [read more]

The Inverted World of Niall Ferguson: On the Real Obama Doctrine

Niall Ferguson has a very conservative world outlook which, when applied to the analysis of current social reality, has a tendency to so warp his perceptions that the situation he writes about becomes an imaginary inverted world... [read more]

The left wing case for quitting the EU

Much of the left would agree that the European Union does not always function in the best interests of either the European or International working class... [read more]

Time for the Nuclear Option: Raining Money on Main Street

Predictions are that we will soon be seeing the “nuclear option” — central bank-created money injected directly into the real economy... [read more]

A lurch to the left

Bryan Gould, former Labour shadow cabinet minister, explains why Jeremy Corbyn's campaign appealed to those who are disturbed by increased poverty and widening inequality... [read more]

Trumping the Federal Debt Without Playing the Default Card

The government can reduce the debt by buying it – and ripping it up... [read more]

US-Iran Nuclear Deal and Rapprochement: The Historic U.S Policy Paradigm Shift in the “Middle East” and Beyond

With the signing of the Iran nuclear deal, western foreign policy is undergoing a fundamental paradigm shift... [read more]

The Treaty

What if Binyamin Netanyahu was duped to become unwittingly the main collaborator of Iranian ambitions... [read more]

“Guerrilla Warfare” Against the EU-ECB-IMF Economic Hegemony: The Challenge and Promise of Greece. The Nationalization of the Banking System

Greece could restore the liquidity desperately needed by its banks and economy by nationalizing the banks and issuing digital loans backed by government guarantees... [read more]

Marching Against Austerity: London 20 June 2015

Up to 250,000 people came to London and no one can argue that the demonstration, organised by The People's Assembly, wasn’t representative of the broad spectrum of people’s anger against Tory policies... [read more]

The Real Naqba

Three weeks ago was Naqba Day – the day on which Palestinians inside and outside Israel commemorate their "catastrophe... [read more]

Governments submit to “Too Big to Fail” banks (part 2)

Governments make gifts galore to private banks... [read more]

Who Will Save Israel

The battle is over. The dust has settled. A new government – partly ridiculous, partly terrifying – has been installed ... [read more]

How the Election Was Won‏

Bryan Gould, former member of the Labour shadow cabinet, explains how popular sentiment on political issues can be manipulated... [read more]

General Election disaster for working people as Tories stay in power

Big business and the fat cats of the City of London are celebrating the victory of their friends in the Tory Party... [read more]

Kissinger and Shultz on 'The Iran Deal'

The Wall Street Journal on 8 April turned over an entire editorial page to former secretaries of state Henry Kissinger and George Shultz... [read more]

The Riderless Horse

There were events in 1951 which helped shape the subsequent history of much of the world... [read more]

Who's Afraid of the Big Bad Bomb?

My father once taught me how to withstand blackmail: imagine that the awful threat of the blackmailer has already come about. Then you can tell him: Go to hell... [read more]

An Iranian model of altruism, volunteerism, philanthropy and scholarship in the Diaspora

The devotion of one’s intellectual and material resources to the betterment of human society has been emphasized in Persian literature, culture and religions since the earliest times... [read more]

The ECB’s Noose Around Greece

Remember when Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks?... [read more]

Extremism is prevailing in Eurozone Negotiations

The negotiations between the newly elected Greek Government and the other Eurozone states have been a battle between pragmatism and extremism... [read more]

Over Bottled

Everybody knows what the Israeli elections are about. The choice is stark: on the one side, the dream of a Greater Israel "from the sea to the river"; on the other side, an end to the occupation and peace... [read more]

Labour’s immigration Policy: A Progressive Perspective

Immigration, and how the parties claim they will control it, is one of a handful of issues that will be pivotal in swaying swing voters either right or left in this year’s general election... [read more]

Can the Duke become King?

On Monday, the 19th Knesset voted to dissolve itself, less than two years after its election... [read more]

The Pen Trumps the Sword Anytime (Part 3)

The third part of an 'Introduction' to an illustrated book of poetry by Faysal Mikdadi. The collection, Painted into a Corner, appeared in the summer of 2014... [read more]

IMT Statement: Kobane threatened with massacre: Fight imperialism! Defend the Kurds!

The forces of ISIS are closing in on the besieged town of Kobane on the Turkish-Syrian border... [read more]

Crusaders and Zionists

Lately, the words "Crusaders" and "Zionists" have been appearing more and more often as twins... [read more]

Labour's vision

Labour leaders have often been eloquent in articulating a vision of the kind of society they want; it is explaining how that vision is to be realised that seems to be the problem... [read more]

Piketty for Progressives

Part 2 of Thomas Riggins's analysis of Thomas Piketty's book - Capital in the Twenty-First Century... [read more]

Comparison of the Washington, Berlin, and Tokyo Consensus Zones -Which one really works?

George Tait Edwards compares three separate economic systems presently operating around the world... [read more]

The return of George Orwell and Big Brother’s war on Palestine, Ukraine and the truth

In his latest essay, John Pilger describes the liberal "one-way, legal/moral screen" behind which great power and its Orwellian propaganda ensure an impunity for war and deception, dependent on what Leni Riefenstahl called our "submissive void".... [read more]

The Transatlantic Trade and Investment Partnership, A Thatcherite Revolution: “Free Trade”, Corporate Plunder and the War on Working People

Prior to the recent national elections in India, there were calls for a Thatcherite revolution to fast-track the country towards privatisation and neo-liberalism... [read more]

Which way forward for Cuba?

Recently a young worker and member of the Leeds Marxist Society, Ben Curry, travelled to Cuba as an international delegate to the May Day celebrations. We publish below his thoughts on what is happening in Cuba... [read more]

The real enemies of press freedom are in the newsroom

The principal threat to expression comes not from state regulation but from censorship by editors and proprietors, writes George Monbiot.... [read more]

The International Brigade of Terror?

For many years, I’ve understood the involvement of British fighters in the Spanish Civil War, to have been made up of people from a variety of different backgrounds, who took up arms to combat the spread of Fascism in Europe... [read more]

Scotland – Independently Great: an English view of the Scottish Referendum

While most of us are happy to trade, to buy products from other countries, to take part in what is now a “global community”, we want to do it on our own terms... [read more]

An Armed Ghetto

One side's terrorists are the other side’s freedom fighters. That is not simply a matter of terminology. It is a difference of perception, which has far-reaching practical consequences... [read more]

Chagos: Britain, the CIA and Diego Garcia – Something fishy going on?

My attention was drawn by chance to another article on Diego Garcia in the Independent stating that the government must renegotiate with US over the use of the island for rendition flights.... [read more]

Saving the world should be based on promise, not fear

For 30 years I banged on about threats. But research shows we must to be true to ourselves – and to the wonder in nature, writes George Monbiot.... [read more]

Banks: Fudged health report

The final part of the series by Eric Toussaint - Banks versus the People: the Underside of a Rigged Game!... [read more]

In One Word: Poof!

Poor John Kerry. This week he emitted a sound that was more expressive than pages of diplomatic babble.... [read more]

Lenin on the Paris Commune (1871): An Heroic Uprising

Thomas Riggins discusses Lenin's take on the Paris Commune... [read more]

An economy ruled by the mob

It is not easy for any of us to get our heads around the complexities of modern economics. Many capitalists themselves and certainly most politicians no longer understand how the system really works... [read more]

From Austerity to Prosperity: Why I Am Running for California Treasurer

Welfare payments, health care for the poor, and benefits for the elderly and disabled have been slashed. State workers have been downsized... [read more]

The Mockery of Banking Discipline

Part 7 of Eric Toussaint series, Banks versus the People: the Underside of a Rigged Game... [read more]

Lenin's State and Revolution Today- The Preface

The first in a series of articles by Thomas Riggins analysing Lenin's famous work The State and Revolution: The Marxist theory of the State and the tasks of the Proletariat in the Revolution... [read more]

At last, a law to stop almost anyone from doing almost anything

Protesters, buskers, preachers, the young: all could end up with 'ipnas'. Of course, if you're rich, you have nothing to fear, writes George Monbiot.... [read more]

Peace Comes through Forgiveness

I am a Palestinian. My family moved to Beirut after Israel was created because we were the "myth" that was Palestine... [read more]

Angel Face

Seeing her face on the TV screen, one is struck by her beauty. It is the face of an angel, pure and innocent... [read more]

Special Report: Interview with British “jihadis” and what you won’t read in the “Tackling Extremism in the UK” report

British journalist, writer and film producer Carol Grayson conducts an exclusive interview with a member of the Taliban and a British born 'Jihadist' ... [read more]

Victory at Cuito Cuanavale

In the run-up to December 7's Latin America conference Victoria Brittain remembers Cuba's contribution to the fight for freedom in Angola and against apartheid 25 years ago... [read more]

The Bank Guarantee That Bankrupted Ireland

The Irish have a long history of being tyrannized, exploited, and oppressed—from the forced conversion to Christianity in the Dark Ages, to slave trading of the natives in the 15th and 16th centuries, to the mid-nineteenth century “potato famine” that was really a holocaust... [read more]

The Major Policy of the Current Coalition Government is NOT Fiscal Balance But an Increased Rate of Income Shifting From Wage Earners to the Pockets of the Already Rich

The policy of the Coalition Government is not the much-trumpeted and unachievable aim of a balanced budget but the deliberate lowering of median British living standards and the production of more poverty... [read more]

The Shimomuran Economics Solution to the Western Economic Crisis

George Tait Edwards explains how investment credit creation could resurrect Western economies... [read more]

The Failure of Innovation in the Anglo-Saxon Economies

George Tait Edwards examines the role of innovation in economic development... [read more]

It’s Franco’s heart that beats in Madrid

No Gibraltarian, and come to that anybody living in the real world, will believe the confrontations at sea last week over the reef laying and the six hour car queues to leave Gibraltar at the weekend were anything but linked, writes David Eade.... [read more]

An Economic Policy For A Post Neo-Liberal World (Part 2 of 3)

Former Labour MP and member of the Shadow Cabinet, Bryan Gould, provides a road map for reviving Britain's ailing economy... [read more]

Who Turned the Lights Off?

Thomas Riggins reviews Jonathan Israel's analysis of Anthony Pagden's new book - The Enlightenment and why it still matters... [read more]

Hold the front page! We need free media, not an Order of Mates

The other day, I stood outside the strangely silent building where I began life as a journalist. It is no longer the human warren that was Consolidated Press in Sydney. It seems in Australia, hard-won rights are being buried beneath corporate might, writes John Pilger.... [read more]

The End of Money

It’s Time to End Our Slavery to the Money-System declares Oliver Thompson ... [read more]

Margaret Thatcher's Contribution to Neoliberalism

Former Labour MP and Shadow Cabinet member, Bryan Gould, reflects on the tendency to lionise and exaggerate the importance of Margaret Thatcher's contribution towards promoting free market economics... [read more]

After Eastleigh

Labour’s disastrous showing at Eastleigh is a self-inflicted wound but it still needs a friendly critic and a critical friend, writes David Lindsay.... [read more]

If markets weren't masters and economics worked for people

The choice on the one hand is for people to be a resource for a rich economy. The choice on the other is for a rich economy to be a resource for society. Alfie Stirling explains... [read more]

The teratoid of US foreign policy

Since the United States Declaration of Independence in 1776, the US has struggled with its foreign policy and its perceived role within global politics. Finn Bowen discusses the past, present and future of US foreign policy... [read more]

Lenin on Anarchism and Opportunism: Chapter Four of 'Left Wing' Communism: An Infantile Disorder

Thomas Riggins gives an analysis of Chapter Four of Lenin's 'Left Wing' Communism: an Infantile Disorder and describes the Bolsheviks' struggle against both 'opportunism' and 'petty-bourgeois revolulutionism'... [read more]

Principal Stages in the History of Bolshevism 1905-1917 and their Relevance Today

Lenin, in his book "'Left Wing' Communism: An Infantile Disorder," written in 1920, maintained that lessons from the Russian Revolution were of interest to those outside Russia. Thomas Riggins provides an analysis. ... [read more]

Is Iran a threat?

Dr Faisal Mikdadi asks if Iran is a threat and if so, to whom?... [read more]

US War Agenda: Coke or Goldman Sachs, What's Your Poison?

Colin Todhunter asks who in their right mind would be prepared to fight and die for Shell, Chevron or Coca Cola?... [read more]

Cooperative Bank: A Basic Failure

Casper Denck reports on The Cooperative Bank's decision to no longer offer accounts to persons who are undischarged bankrupt... [read more]

The Global Economic Crisis and ‘Possible Futures’

David Lane reviews a collection of three volumes compiled by Craig Calhoun and Georgi Derluguian chronicling the origins and aftermath of the global financial crisis... [read more]

Longing to Reign Over Us

As is my wont, I found plenty to occupy me over the extended half-week holiday and never felt sufficiently at a loose end to find myself tuning in to any of the blowsy and noisy shenanigans somebody thought might be welcome to Her Majesty the Queen to mark the 60th anniversary of her accession, writes W Stephen Gilbert.... [read more]

Mere insults should not be criminal offences

Peter Tatchell says Section 5 of the Public Order Act is a menace to free speech and the right to protest... [read more]

Is the BBC middle class enough?

Are our national media outlets the domain of the middle class, or is the truth even worse...? Felix McHugh discusses... [read more]

The Logic of Unintended Consequences: The ‘Mess in Mali'

Ramzy Baroud explains how NATO's foray into Libya is beginning to have unforseen consequences across North Africa... [read more]

The Devil’s Playground

The very concept of work, and its application in society, is controlled by those whose policies have been sent straight from hell. outRageous! explains... [read more]

Costly ‘Freedom’ in Afghanistan: On Morbid Wars and Logic

The Afghans are a proud people with a long and formidable history of resistance to foreign occupation. The fact that they have always prevailed, however, should not distract from the horror they still routinely experience, writes Ramzy Baroud.... [read more]

Cold War in Warm Waters: US-China’s Dangerous Contest for Asia-Pacific

A conflict is brewing, and China, emboldened by astonishing economic growth as well as military advancement, seems to be gearing up to challenge the US’s uncontested military dominance in the region, writes Ramzy Baroud.... [read more]

Penny Red – Notes from the New Age of Dissent

John Green reviews the latest book from an up and coming journalist who describes herself as a journalist, author, feminist, socialist, utopian, general reprobate and troublemaker... [read more]

The Politics of the Psyche

BBC 4’s Saturday night primetime slot is cornering the market in excellent European drama but we don’t need Denmark to point out how impotent we feel. However idealistic were its ancient Roman origins, the UK’s version of representative democracy has become as distorted as a burning pillar of wax, says outRageous!... [read more]

Book review: America and the Imperialism of Ignorance: US foreign policy since 1945

Dr Tomasz Pierscionek reviews a book that charts the development of America's foreign policy throughout the course of the Cold War and beyond... [read more]

The King's speech

Uri Avnery discusses the implications of a parliamentary bill that would seek to push the Palestinian population out of the West Bank and into Jordan... [read more]

Telling the Players with a Scorecard

How politics is manifested as economics and economics as politics should concern us right now, argues Steven Colatrella.... [read more]

Even devils will fall...

The London Progressive Journal gives its take on current events in the latest fortnightly editorial... [read more]

Slavery for Dummies - Part 2

Part 2 of an analysis by OutRageous! looking at the slavery endemic in our modern society.... [read more]

Out of the Ashes

Now is the time to start planning for a new economy, not dependent on growth. ... [read more]

Miliband: The Knives are Already Being Sharpened

Now that the dust has settled on Ed Miliband's surprise victory in the Labour leadership election, Michael Prior considers the challenges facing the new leader as he seeks to move the party away from Blairism.... [read more]

Thatcher and the Last Tory cuts

Eric Hollies puts today's coalition government in historical perspective by looking back on the brutal public spending cuts imposed by the Thatcher government.... [read more]

Lansley can Shove his White Paper

The Tory-Lib Dem coalition is intent on a wholesale privatisation of the National Health Service, writes John Lister.... [read more]

Venezuela Arrests Accomplice of Posada Carriles at Caracas Airport

Steven Mather reports on what might be an important breakthrough in the fight against right-wing terrorism in Latin America.... [read more]

Palestinian Refugees in Lebanon: Righting a Perpetual Wrong

Like Palestinian refugees elsewhere, Lebanon's Palestinian exiles are treated as second class citizens, writes Ramzy Baroud. ... [read more]

“Hold Me Back!”

The idea that Iran would risk certain annihilation by attacking Israel is ludicrous, writes Uri Avnery.... [read more]

The Greek Crisis and the Threat to the Euro

Can the EU afford to let Greece withdraw from the Eurozone? Socialist Appeal's Mick Brooks considers the significance of the Grek Crisis.... [read more]

Whither Iran?

In the wake of the demostrations of 11th February, which saw hard-liners and pro-democracy campaigners alike take to the streets of Tehran, Maziar Razi assesses the balance of forces in Iranian politics.... [read more]

London's New Fare System is Messy and Inadequate

London's commuters have a new fare system to grapple with. As Demetrius Notice explains, it's all rather complicated.... [read more]

The Real Climate Scandal

A scandal over faked evidence has been a boon to climate change deniers. George Monbiot looks to redress the balance.... [read more]

Welcome to Austerity Britain

Whoever wins the next election, 'austerity' - i.e. cutting back services for those who need them most - will be the watchword of British politics for the next few years, as Rob Sewell explains.... [read more]

The US and Colombian Roles in the Honduran Crisis

Garry Leech argues that the US role in the Honduran crisis represents a continuation of the traditional US approach towards democracy in Central America.... [read more]

The 'Boris Keep Your Promise' Campaign

Jennifer Drew on how London's mayor reneged on an election promise of funding for Rape Crisis Centres in London.... [read more]

Iran's Nuclear Theatre Meant to Distract Attention

Ramzy Baroud dissects the media storm over Iran's arms programme.... [read more]

Vestas: “You Don’t Have to Just Sit and Take It. You Can Stand Up and Fight”.

Socialist Appeal's Adam Booth says the Vestas closure is just another manifestation of an economic system which prioritises private interests over the public good.... [read more]

Marxists Must Stand Firm Against Ahmadinejad

An Iranian Marxist makes a plea to Venezuelans to reject their government's support for Iran's reactionary president Ahmadinejad.... [read more]

Why We Must Nationalise Northern Rock

Examining the ongoing crisis of the Northern Rock bank, Chris Vasey argues nationalisation is the only way to safeguard public money and jobs.... [read more]

Genetic Modification: A Pandora's Box

Tomasz Pierscionek dissects the arguments on both sides of the GM controversy.... [read more]

Venezuela and Russia Create Bi-National Bank

James Suggett on a bold initiative aimed at facilitating a more 'multipolar' world economy.... [read more]

Outsourcing Unrest

George Monbiot argues that the crisis in British politics has its roots in the decline of Britain's status in the world economy.... [read more]

Venezuela and Argentina Increase Cooperation in Gas, Agriculture, and Finance

James Suggett on the latest Venezuelan-led initiative to further economic cooperation between Latin American states.... [read more]

The Economic Crisis and Poor Countries

Mick Brooks compares the 'boom and bust' economics of the past twenty years with similar patterns in the 1920s and 1930s: once again it is the poorer nations that stand to lose the most.... [read more]

Twenty-Five Years On

John Haylett looks back on the struggle which defined the politics of a decade and paved the way for the rise of New Labour.... [read more]

Israeli Elections: Hardliners Set to Form New Coaltion

Christopher Vasey examines the potential ramifications of the recent Israeli election results.... [read more]

Interview: María Augusta Calle talks to London Progressive Journal

Samuele Mazzolini spoke to María Augusta Calle, a former member of Ecuador's Constituent Assembly, currently standing as a candidate for President Correa's Movimiento País coalition.... [read more]

Book Review: "Israel and the Clash of Civilisations"

Gavin O'Toole reviews Jonathan Cook's insightful book about the thinking behind US Middle East policy.... [read more]

The Tempo of the Struggle

Socialist Appeal's Terry McPartlan provides a Marxist analysis of the current financial crisis.... [read more]

Zimbabwe: Why the International Community Must Intervene

Examining the legal framework of humanitarian intervention, Alexa Van Sickle calls on the international community to act now to prevent a humanitarian tragedy in Zimbabwe.... [read more]

Bush's Last Bullet: Why the US Attacked Syria

In the aftermath of the appalling US raid on Syria, Ramzy Baroud examines the familiar double-standard in the mainstream discourse on what constitutes unacceptable policy and aggression.... [read more]

Venezuelan Government Hopes for New Era of Peace and Respect with Obama

James Suggett on the Venezuelan government's positive response to the election of Barack Obama to the US presidency.... [read more]

Free the Unborn! A Proposal for Slowing Down Politics

George Monbiot on why the struggle against climate change is being undermined by political short-termism.... [read more]

Gordon Brown and "Light Touch" Regulation

Mick Brooks on how Gordon’s policies left the UK unprepared for the present financial crisis.... [read more]

Millions Spent on Hirst's Vacuous Artworks Reflect The Decadence of 21st Century Capitalism

Laura Hayhurst-France on the artistic and moral decline implicit in the immense commercial success of the artist/businessman Damian Hirst.... [read more]

The Contest for the Centre

Matt Genner on how the ongoing struggle for the political centre ground is undermining democracy.... [read more]

Total Recall in Bolivia: Divided Nation Faces Historic Vote

With Bolivian voters set to go to the polls and the Morales presidency in the balance, Ben Dangl examines the issues at stake in the forthcoming recall vote. ... [read more]

Venezuela Strengthens Alliance with Russia to Promote “Polycentrism”

James Suggett on the recent meeting between Hugo Chávez and Dimitri Medvedev.... [read more]

Poor get Hit as Business Walks Free

Rob Ray on why the Treasury won't plug the holes in the UK tax system.... [read more]

Ecuador's President Correa in Conflict with Indigenous Movement

Samuele Mazzolin on why the Ecuaodorean president's agenda for modernisation and wealth redistribution has brought him into an unlikely conflict with the country's indigenous groups.... [read more]

Shadow Networks: Violence, War and Plunder in the Great Lakes Region of Africa

Colonial rivalry and capitalist exploitation are at the heart of the violence in the Congo.... [read more]