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 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]

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]

Fox in the Hen House: Why Interest Rates Are Rising

The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”?... [read more]

Economic Policies for an Incoming Labour Government (Part 7 of 9)

The Re-Establishment of British Banks Along Four Main Functional Lines... [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]

Against Da Law (Part 1)

What do you do if you’re the victim of injustice against major institutions, walled up behind teams of legal eagles whose expertise focuses first and foremost on closing ranks and damage limitations?... [read more]

An Anti-Austerity 2015 UK Budget

George Tait Edwards explains how Shimomuran-Wernerian macroeconomics is the best available path to prosperity once the politicians of the West understand the effectiveness of that option... [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]

China’s All-Inclusive Economic Miracle: The Third Economic Bomb

George Tait Edwards explains China's recent economic success by examining its past history... [read more]

Consumer Hell

George Moniot asks: How do we break a system which now permeates every aspect of our lives? ... [read more]

Back to Boom and Bust

Eric Hollies on the self-fulfilling prophecy of the global economic downturn.... [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]

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]

Student Debt Slavery II: Time to Level the Playing Field

The lending business is heavily stacked against student borrowers. Bigger players can borrow for almost nothing, and if their investments don’t work out, they can put their corporate shells through bankruptcy and walk away.... [read more]

Student Debt Slavery: Bankrolling Financiers on the Backs of the Young

Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors.... [read more]

How to Fund a Universal Basic Income Without Increasing Taxes or Inflation

A team of researchers at the University of Oxford published the results of a survey of the world’s best artificial intelligence experts, who predicted that there was a 50 percent chance of AI outperforming humans in all tasks within 45 years... [read more]

Can Jill Carry Bernie’s Baton?

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

GMOs: dogma instead of science

There are clear signs that the producers of GMOs and the regulators are suffering from a siege mentality... [read more]

Economic Policies for an Incoming Labour Government (Part 8 of 9)

The Community Interest Bank Key to Local SME Development... [read more]

Menace on the Menu: Development and the Globalization of Servitude‏ (Part 2)

Me-first acquisitiveness is now pervasive throughout the upper strata of society... [read more]

The Transatlantic Trade and Investment Partnership: Sound Science and the GMO Biotech Sector's Version of Science

Coming from the GMO biotech industry, or its political mouthpieces, the term “sound science” rings extremely hollow... [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]

Spend Now, Pay Later?

Climate change is happening, all over the world, not just in certain locations... [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 Failure of Innovation in the Anglo-Saxon Economies

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

From Ragged Trousered Philanthropists to Label Wearing Ostriches?

Frank Owen, the lead character in Robert Tressell’s novel The Ragged Trousered Philanthropists, expressed his frustration at the dismissive response of his fellow workers to his arguments for a better society... [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]

Greece's Big Smog: Neoliberal austerity, public health, and the environment*

Neoliberal austerity in crisis-torn Greece has a significant implication for public health and the environment. The disturbing reality is that the unbearable cost of heating oil for a large portion of the country's population has led to an increased use of solid fuel heating, writes Ilia Xypolia.... [read more]

The Gift of Death

Every year we splurge on pointless, planet-trashing products, most of which are not wanted. Why not just bake them a cake, asks George Monbiot. ... [read more]

The great 'American' nightmare

Whilst some have gained much from India's economic boom, many have also lost out from the 'Americanisation of India'. Colin Todhunter discusses.... [read more]

Euro zone crisis: A Green alternative

We are watching economic injustice crush a nation before our eyes. On 20 March, Greece must meet the next tranche of debt repayments,says Alfie Stirling.... [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]

War Without Context: Fatah, Hamas and Flawed Language

Ramzy Baroud on the sinister manipulation of language which characterises the mainstream discourse on the Israel-Palestine issue.... [read more]

Interview: Mike Gonzalez Talks to London Progressive Journal

As we approach the 50th anniversary of the Cuban Revolution, author and Cuba expert Professor Mike Gonzalez talks to Thomasz Pierscionek about the legacies of Fidel Castro and Che Guevara, and what the future may hold for Cuba.... [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]

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]

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]

Regulation Is Killing Community Banks – Public Banks Can Revive Them

Crushing regulations are driving small banks to sell out to the megabanks, a consolidation process that appears to be intentional. Publicly-owned banks can help avoid that trend and keep credit flowing in local economies.... [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]

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]

The Myth of Trump’s Nationalism and Non-Intervention

For all their obvious flaws, one of the good things about early Trump supporters in the US was their opposition to war.... [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]

Power Will Be Restored

Would or could a different leader of this or that have altered the prospect of past, present or future... [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]

The Hungarian Revolution: 60 years on

On 23rd October 1956, political revolution against Stalinist dictatorship lept from the pages of Leon Trotsky’s writings and roared into life in Hungary.... [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]

“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]

Kudos for civic activism and social justice: you are a born communicator!

As we stroll along the transitory journey of life, it is only natural to progressively focus first and foremost on our education, acquiring skills, career aspirations, and perhaps marriage... [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]

Clean Eating Logic

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

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]

Replacing reality by fantasy

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

An Open Letter to Tiffany’s Chairman, CEO, Chief Sustainability Officer and Corporate Social Responsibility Committee

Tiffany’s should act immediately to disassociate itself from BSGR and ensure that their cut and polished diamonds are not a source of revenue for regimes guilty of gross human rights violations in Africa or Palestine... [read more]

How Obama Could Beat the Debt Ceiling and Go Out a Hero

The debt ceiling is an unconstitutional gimmick that violates the 14th amendment... [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]

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]

Re-Packaging Masculinity in Tony Abbott’s Body Politic - A Painting

In 2015 the industry of terrorism has moved into a new phase and the scenarios I painted – such as the militarisation of civil society - have gone mainstream... [read more]

The Labour leadership election

Bryan Gould, former member of the Labour shadow cabinet, describes what is missing from the leadership contest... [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]

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

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

Genocide in Gaza – The Silence of the Jewellery Industry is Deafening and Telling

The horrific carnage we have seen unleashed in Gaza in recent weeks - a humanitarian catastrophe - would not have been politically or economically affordable without the tacit acquiescence of the global jewellery industry... [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]

India: a vote of despair

Dr Lal Khan provides analysis on the Indian elections and the landslide victory of the BJP... [read more]

Warren’s Post Office Proposal: Palast Aims at the Wrong Target

Investigative reporter Greg Palast is usually pretty good at peering behind the rhetoric and seeing what is really going on. But in tearing into Senator Elizabeth Warren’s support of postal financial services, he has done a serious disservice to the underdogs... [read more]

Bread and Circuses in a Digital Age

Bread and circuses have always been a central aspect of ruling class hegemony and a means of keeping the masses in a soporific state... [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 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]

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]

The farce of the Hinkley C nuclear reactor will haunt Britain for decades

We need nuclear power. But the government has plumped for outdated technology at the worst price imaginable, writes George Monbiot.... [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]

Flourishing in a Not-For-Profit World by 2050

Imagine waking up in a world where you feel good about going to work, no matter the nature of your job... [read more]

Socialism: an unarticulated reality

Cumbria Unison convenor Paul Lloyd argues that whereas Socialism may have lost its voice in the political arena, it is still present in our daily life... [read more]

Why Will Labour Not Readmit Me?

On 12th May, I re-joined the Fabian Society and the Christian Socialist Movement, writes David Lindsay... [read more]

Iraq: Between Drug Dealers and Death Squads

Hussein al-Alak shows how drug addiction has taken hold across Iraq following the invasion a decade ago... [read more]

A Critique of the analysis of Karl Marx within the BBC’s ‘Masters of Money’ Series

David Benbow critiques the BBC's ‘Masters of Money’ episode, aired last year, that focused on the economic theories of Karl Marx... [read more]

Not The Wharton Bill

When James Wharton stages his Canute-like attempt to prevent Labour from taking back Stockton South, then that party ought to put down an amendment declining to give the 'Daft Bill' a Second Reading in view of its entire failure to address some issues, writes David Lindsay.... [read more]

Nations Get what their Financial-Industrial Systems Deliver: A Comparative Analysis of Three Different Groups of Financial-Industrial Systems

George Tait Edwards compares three different financial-industrial systems and considers the merits of each model... [read more]

FDR’s American Economic Miracle 1938-44, or the First Economic Bomb - The USA from 1938 to 1944 (Part 1)

George Tait Edwards reveals the secret of America's economic boom during the the FDR years ... [read more]

The End of Money

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

The choice to be British

Congratulations to the British Falkland Islanders, including the large Saint Helenian community there, some of whom are my relatives on my mother's side, writes David Lindsay after a referendum that was controversial in some parts of the world.... [read more]

Money for the People: Grillo's Populist Plan for Italy

Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 million votes in the Italian general election of February 24-25th... [read more]

Book review: The Contradictions of Real Socialism

David Lane reviews The Contradictions of Real Socialism, a book by Michael A Lebowitz... [read more]

The internet- Plutocracy's Achilles' Heel?

Ironically Capitialism's well founded fear of unfettered public access to matters of vital importance stems from the advent of the internet, writes Jim Handley... [read more]

Rhetorically Speaking: US Elections and the Middle East

US elections are manifestly linked to the Middle East, at least rhetorically. In practical terms, however, US foreign policies in the region are compelled by the Middle East’s own dynamics and the US’ own political climate, economic woes, or ambitions, writes Ramzy Baroud.... [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]

Spot the Difference: Public Relations and Journalism

Finn Bowen asks that in light of the possible convergence of Public Relations and Journalism - once completely separate professions - can we ‘trust the truth’ the media portray? ... [read more]

Football: Pay over pride?

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

Not just a pretty Face(Book)

Google has a rival. Mirage discusses the rise of the social media application Facebook as it lays down the gauntlet... [read more]

Hooked On Treachery

Edward Bernays is known as the father of modern advertising/propaganda. Colin Todhunter emphasises and how we must and indeed can break free of the addictions and fears being promoted daily.... [read more]

Beer, Vomit And Lipstick: Revolting Acts In An Age Of Crisis

'Freedom' within the confines of what increasingly resembles an open prison isn't much to celebrate. The actual reality in Britain is economic meltdown and social crisis, writes Colin Todhunter ... [read more]

If The Drugs Don't Work, The Drones Certainly Will: Imperialism In The X-Factor Age

Forget TV with informed debate when platitudes, simple emotion and 'common sense' outlooks will do, says Colin Todhunter.... [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]

Alternative living, not just a green gap year

Miles Caston explores an alternative 'Gap Year' idea for those wanting to differ from the norm. WWOOF lets you contribute to a local community abroad and help the environment through maintaining sustainable ways of living ... [read more]

Trashy beauty queens and the men who rule the world

In 1864, Abraham Lincoln wrote a letter that predicted where the US was heading - the world he warned about is the world we now have as bankers control the money supply having the power to make or break nations. Colin Todhunter explains ... [read more]

A Manifesto for Psychopaths

Ayn Rand’s ideas have become the Marxism of the new right, she may have died 30 years ago but the belief system constructed by her has never been more popular or influential, says George Monbiot. ... [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 world war on democracy

From the Chagos islands to Libya, a ruthless system has been at work, often resorting to violence whilst trying to maintain the illusion of democracy... [read more]

Economic democracy – The next big social reform?

Peter Tatchell says democratising economic decision-making is the key to a fairer society and a more stable economy... [read more]

Why Miliband and Balls have got it wrong

The capitulation by Labour to the austerity and cuts agenda of the Tories and the right-wing press has been confirmed by shadow chancellor Ed Balls' statement that Labour would not be able to reverse the Tory cuts and would maintain the pay freeze within the public sector if they come to power at the next election, says John Wight.... [read more]

New beginnings

John Green asks whether we need a mass party to represent the unions and the left and to advance the interests of the entire working class (Part 2)... [read more]

Why capitalism likes us to behave irrationally

It’s a great irony that although human beings, as distinct from other animals, are characterised by their ability for rational thinking, so much of our behaviour is irrational, argues John Green.... [read more]

Slavery for Dummies- Part three

The third and final part of an analysis by OutRageous! looking at the slavery endemic in our modern society. ... [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]

Yet more shady dealings inside Murdoch's empire

Hot on the heels of revelations of widespread phone hacking, journalist Solomon Hughes discloses that the Murdoch empire also engaged in hacking into the computer systems of business rivals.... [read more]

Mervyn King Comes to Town

Rob Sewell considers the significance of Mervyn King's address to the TUC in Manchester.... [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]

Budget for Bosses: Workers under Attack

Socialist Appeal's Steve Jones reflects on George Osborne's emergency budget.... [read more]

Book Publishers Should Embrace the Digital Age

Publishing can - and should - adapt to the changing technological landscape, writes John Oakes. ... [read more]

Khaled Taja: The Anthony Quinn of Arab Drama

Khaled Taja, 70 years old and the iconic figure of Arabic drama, is planning to play the leading role in a movie about the tunnels of Gaza, writes Iqbal Tamimi.... [read more]

Media Vultures Are Coming: Freedom of Expression at Risk

The increasing concentration of ownership of media outlets into relatively few hands presents a serious threat to democratic freedom of expression, says Ramzy Baroud.... [read more]

War, Negation and Muslim Identity Revisited

Ramzy Baroud on the reductionist caricatures which underpin the supposed 'clash of civilizations' between the West and Islam.... [read more]

Green Shoots of Economic Recovery?

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

The Internet: A Democratising Force or Information Overload?

Matt Genner examines the impact of the dot com revolution on democratic debate and political activism.... [read more]

The New Face of Plan Colombia: An "Alliance for Progress" for the 21st Century?

Garry Leech examines the US-backed soft reform programme aimed at undermining support for radical movements in Colombia.... [read more]

Interview: Carlos Bula Camacho talks to London Progressive Journal

Samuele Mazzolini spoke to Carlos Bula Camacho, Secretary General of Polo Democrático Alternativo, the Colombian opposition party.... [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]

After the Crash of 2008, Who Owns the Progressive Future?

Jonathan Rutherford on how the current economic crisis has highlighted the iniquities intrinsic to capitalist society.... [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]

Financial Meltdown Deepens

In the wake of the collapse of Lehman Brothers, Michael Roberts examines the present financial slump. ... [read more]

Windfall tax: Good for the Country, Good for Labour

Zoe Gannon believes a progressive policy on taxation would help restore working-class support for Labour and revive the party's electoral prospects.... [read more]

Czechoslovakia

Forty years ago, on the night of August 20th-21st Russian and other Warsaw Pact forces invaded Czechoslovakia, thus putting an end to the ‘Prague Spring.’... [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]

US Campaign Group Calls For General Strike

Robert Yourell of the American campaign group VoteStrike.com believes a general strike in September would send a strong message to Washingotn elites.... [read more]

Far Right Emerging in Austria - Again

Austria’s governing coalition has collapsed - will this lead to the rise of the far-right Freedom Party?... [read more]

Palm Oil or Orang-utans? We Must Soon Decide Which we Prefer

Chris Bath on the campaign for greater regulation of the palm oil trade.... [read more]