A non-partisan journal of the left.

Search London Progressive Journal

  • Enter text and click Search. This search does not accept exact strings with " or '. For exact searching click 'Exact Search'.
  • or

The UK leaves Europe but will the English language remain?

Though the UK leaves Europe, its English language will remain to unite Europe. ... [read more]

Venezuela and China Expand Joint Oil and Investment Accords

James Suggett on the strengthening of trade ties between China and Venezuela. ... [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]

The Neon Demon – a cult classic in the making

Breaking taboos is the big yawn of our modern commerce dominated culture so I hesitate to recommend a movie that seems, superficially at least, to be gratuitously designed to break as many taboos as is conceivably possible... [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]

Is There a Connection Between the Release of the Lockerbie Suspect and Libyan Oil?

Chris Vasey considers claims that a lucrative Libyan oil deal may have been at the root of the controversial release of Abdelbaset Ali al-Megrahi.... [read more]

Presidents of Venezuela and Colombia Pledge Peace and Economic Development

James Suggett on an encouraging meeting between Uribe and Chávez.... [read more]

Day of Celebrations across Venezuela for Revolution’s 10th Anniversary

Tamara Pearson on the celebrations marking the tenth anniversary of Hugo Chavez's presidency. ... [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]

High & Mighty

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

Banks Are Becoming Obsolete in China—Could the U.S. Be Next?

The U.S. credit card system siphons off excessive amounts of money from merchants. In a typical $100 credit card purchase, only $97.25 goes to the seller. The rest goes to banks and processors. But who can compete with Visa and MasterCard?... [read more]

Control Freaks

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

Tory austerity has killed more people than ISIS: Austerity as State-terrorism

Islamic State is frequently referred to as the biggest threat facing Britons. But an even bigger one, in terms of death and social division, is austerity... [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]

Donald Trump and Theresa May - Partners in Planning Armageddon?

Prime Minister May’s endlessly repeated mantra “Brexit means Brexit” (Britain leaving the European Union) takes on a whole new meaning: she is prepared to trigger the UK departing the planet.... [read more]

More Equal Than Others

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

Lucky Bibi

Luck can be a great benefactor. It can also be the cause of catastrophes. I seem to remember that one of those evil Greek gods or goddesses destroyed their human victims by making them lucky.... [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]

Yemen’s Plight and Britain’s “creative clout” - Arms Sales and Advice on Killing

In spite of the UN stating that civilians are being disproportionately killed in Yemen, arms sales rose to over one billion pounds... [read more]

The Scottish Industrial Revolution, or The Scottish First Industrial Miracle 1700–1800

Most accounts of the origins of the industrial revolution are Anglo-centric, focused upon how the industrial revolution in England began from about 1750... [read more]

Reinventing Banking: From Russia to Iceland to Ecuador

Global developments in finance and geopolitics are prompting a rethinking of the structure of banking and of the nature of money itself... [read more]

Wednesday, At the Bible Meeting

Dylann Roof spent an hour in Bible study with parishioners at the nearly 200-year-old Emanuel African Methodist Church before opening fire on them... [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]

Economic Policies for an Incoming Labour Government (Part 6 of 9)

The No-Cost Keynesian Stimulation of Demand in the Economy ... [read more]

Why Public Banks Outperform Private Banks: Unfair Competition or a Better Mousetrap?

In November 2014, the Wall Street Journal reported that the Bank of North Dakota (BND), the nation’s only state-owned bank, is more profitable than Goldman Sachs Group... [read more]

Where trade agreements are a risk to sovereignty

A nation's sovereign right to determine matters within its borders is put at risk where its government signs a trade agreement which includes a dispute resolution clause known as an Investor State Dispute Settlement ('ISDS') clause... [read more]

HSBC: the bank with a shameful past and scandalous present

The fourth article in the series The banks and the “too big to jail” doctrine by Eric Toussaint... [read more]

Drug and Bank Lords

Part three of the series by Eric Toussaint: The banks and the “too big to jail” doctrine... [read more]

Update On Shimomuran Economics: The Day May Come

Western governments and their advisors can no longer continue to ignore the work of the master economist Dr Osamu Shimomura (1910-1989) who provided the insights which have produced the high growth of the China Sea economic zone... [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 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]

Women, Fertility and the Rise of Modern Capitalism: Review

Thomas Riggins reviews an article by Alberto Alesina from the Harvard Economics Department - Women, Fertility and the Rise of Modern Capitalism... [read more]

Bankocracy: from the Venetian Republic to Mario Draghi and Goldman Sachs

From the 12th century to the beginning of the 14th, the Knights Templar, present in much of Europe, had become the bankers for the powerful and had taken part in the financing of several crusades... [read more]

The Different Sources of Unemployment, and the Economic Remedy for Each of These

Unemployment is a complex phenomenon. The ultimate roots of all large-scale unemployment is the lack of an adequate economic understanding by a country’s professional economic advisors and its politicians... [read more]

From Obamacare to trade, superversion not subversion is the new and very real threat to the state

Rightwing politicians and their press use talk of patriotism to disguise where their true loyalty lies: the wealthy elite, writes George Monbiot.... [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]

Currently Mistaken Ideas in Western Economics and Their Suggested Corrections (preferably soon) Part 1

Economist George Tait Edwards straightens out some of the economic myths taught at Western universities (Part 1 of 2) ... [read more]

The Public Debt of Japan and China – Funded by Investment Credit Creation or by Foreign Borrowing?

Economist George Tait Edwards puts paid to rumours of impending financial crises in Japan and China... [read more]

The Alternative 2013 Spending Review, Or What Mr Osborne Could Have Said If He Understood Macro-economics

The Spending Review by George Osborne contained no surprises. But suppose Mr Osborne really understood economics and actually wanted to improve the British economy. George Tait Edwards provides a constructive speech for a competent chancellor... [read more]

Shimomuran Economics: The No-Debt Investment Credit Creation Path to More Rapid Economic Growth

George Tait Edwards MBE makes the case for the urgent implementation of Keynesian economics to stimulate growth, based on the economic model's previous success in the US, China and Japan... [read more]

The Self-Hating State

Devolving policy to “the market” doesn’t solve the problem of power. It makes it worse, writes George Monbiot.... [read more]

Smart Phones, Dumb Companies

Phone companies do too little to ensure the minerals they use are conflict-free. Here's what you can do to hold them to account, says George Monbiot.... [read more]

Cameron’s Contagion

There couldn’t be a clearer case of shutting the stable door after the horse has bolted. For the past three years there have been clear and unequivocal warnings that ash die-back could come to Britain, writes George Monbiot.... [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]

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]

Indiana: labor's next big battle

Jeff Bigelow discusses how the state of Indiana has become the latest battleground in the fight to prevent 'right to work' legislation coming into force ... [read more]

The War on Libya: Behind Appearances - Part 2

An in-depth critique and analysis of the beginnings of the civil war in Libya and what was at stake for all parties involved in the final conflict, split into three parts. (Part 2)... [read more]

Hail to the true victors of Rupert's revolution

John Pilger asks 'Cui bono' in relation to the conflict in Libya ... [read more]

The Banker who knows his Kapital

John Green translates and reflects on an interview with Edgar Most formerly of Deustche Bank and of the GDR State Bank, where he considers capitalism vs. socialism.... [read more]

The Naming of Things

George Monbiot suggests one small way in which the collapse of biodiversity could be slowed.... [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]

Captive Knowledge

The funding for academic research has been taken over by business, says George Monbiot.... [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]

The Open Veins of Wales

Guardian journalist George Monbiot on his love for his adopted country.... [read more]

Ecuador Pushing to Break Free from the Cycle of Debt

Samuele Mazzolini examines a bold new intiative from the Ecuadorean government, aimed at establishing a coordinated transnational policy among debtor nations with respect to the crippling debt burdens that are stifling progress in the developing world.... [read more]

Venezuela and South American Allies Advance Integration

James Suggett examines the latest steps of an ambitious initiative to bring about the economic integration of a number of South American countries.... [read more]

The Credit Cruch - One Year On

Twelve months on from the beginning of the current economic crisis, Socialist Appeal's Michael Roberts examines the causes and effects of the so-called "Credit Crunch".... [read more]

Venezuela Bridges Diplomatic Fissures and Polishes Alliances in European Tour

James Suggett on the latest phase of Hugo Chávez's tour of Europe.... [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]

Venezuela’s Only Contacts with FARC were for Humanitarian Exchange Says Minister

Venezuela's foreign minister has refuted US-sourced allegations that Hugo Chavez has been financing the Colombian rebel group FARC.... [read more]

This Week in the Media: Government Private Sector Bailouts, and the Furore Over Sharia

David Floyd believes the government's bailout of multibillon-pound private-sector companies is a big waste of everyone's time and money.... [read more]