A non-partisan journal of the left.

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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]

The Impunity Enjoyed by the Banks must Stop

The final part of the series by Eric Toussaint - The Banks and the “Too Big to Jail” Doctrine... [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]

Boom at the top

At a time when the poorest are being hit hardest, W Stephen Gilbert comments on the obsence bonuses enjoyed by those at the top echelons of the financial sector and puts paid to the reasons most commonly used to justify such unfair practice.... [read more]

Big banks’ tampering with interest rates

Part 5 in the series by Eric Toussaint - The banks and the “too big to jail” doctrine... [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]

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]

Banks versus the People: The Underside of a Rigged Game! (Part 2)

The European Central Bank and the Federal Reserve are at the service of the major private banks... [read more]

BCE / LTRO: what’s that ?

Part 5 of the series 'Too Big to Fail' by Eric Toussaint... [read more]

United-States : the Fed Bails Out Wall Street

Part 4 of Eric Toussaint's series: Governments submit to “Too Big to Fail” banks... [read more]

The Big Banks Organise Massive Tax Evasion on an International Scale

Part 7 of Eric Toussaint's series 'The banks and the “Too Big to Jail” doctrine'... [read more]

Oil, Blood, Confusion, Fear: Fuelling The British Public's Appetite For War

Back in 2003, Tony Blair stated that Saddam Hussein could hit Britain with a missile within 45 minutes. He also said that Iraq possessed weapons of mass destruction... [read more]

Rethinking Economics The Washington Consensus vs the Tokyo Consensus Background

On Tuesday 6 May 2014, I published a blog about ”Shimomuran Economics and the Rise of Japan”... [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]

The Mockery of Banking Discipline

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

Venezuelan elections

John Green provides an analysis of and background to today's election in Venezuela... [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]

Football: Pay over pride?

Miles Caston asks whether contemporary football is all about money... [read more]

The Great Pay Robbery

Here’s why the government’s proposals on executive pay won’t work – and why we need a maximum wage, says George Monbiot.... [read more]

Bleak Havens

It's time to close the net on tax havens, says George Monbiot.... [read more]

Bye Bye, Dubai?

Mick Brooks looks at the unfolding crisis in Dubai, and its potential implications for the world economy. ... [read more]

Economic Outlook Worsens as Unemployment Increases

With UK unemployment figures reaching a ten-year high, Christopher Vasey reviews the experts' forecasts for an even gloomier 2009.... [read more]

Crisis: The Worst Since the 1930s

Michael Roberts argues the present economic slump is merely the first stage of a long-term deflationary depression.... [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]

£50bn Bail-out Will Not Stop the Rot

Socialist Appeal's Mick Brooks on the UK government's financial bail-out package.... [read more]

Hedge Funds, Speculation and Capitalism

With market speculation very much in the news at the moment, Mick Brooks examines the phenomenon of the hedge fund, and its role in the current economic malaise.... [read more]

Hay Festival Raises More Questions Than Answers

Matt Genner considers Naomi Klein's comments at this year's Hay Festival.... [read more]

The Failure of New Labour was to Ignore Society

Compass's Jonathan Rutherford believes New Labour has lost touch with society.... [read more]