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In the wake of the German elections – the all-too-soon forgotten Euro Hawk drone scandal

The German federal elections have just run their course and the CDU/CSU gained the lion’s share of the public's support. Apparently the electoral results were unaffected by the major political scandal of the summer... [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]

More than just a Game: football as the modern opium of the masses

The spectacle of sport, like the 2012 Euro Cup, is the primary medium through which nations and national identities are imagined, writes Ilia Xypolia.... [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]

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]

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]

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]

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]

The European Central Bank’s true priorities

Part 7 in a series of articles by Eric Toussaint - Governments submit to “Too Big to Fail” banks ... [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]

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]

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]

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]

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]

Bankers' Coups D'etat in Southern Europe

Steven Colatrella unveils that the very tenets of democracy in Europe are under threat as finance capital launches the first of its coups d'etat in Greece and Italy.... [read more]

Voters swing behind the PCE on its 90th anniversary

David Eade recounts the history of the Communist Party of Spain and shows that the party still has influence in Spanish politics... [read more]

The Greeks are Fighting for Us All

The Greek crisis is merely the first stage of a wider global backlash against neoliberal economics, argues Steven Colatrella.... [read more]

The Left Case For Brexit

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

The Greek Coup: Liquidity as a Weapon of Coercion

In the modern global banking system, all banks need a credit line with the central bank in order to be part of the payments system... [read more]

Ideological reforms vs Greek democracy

Bryan Gould, former Labour shadow cabinet minister, explains how Europe is witnessing a triumph of ideology over common sense ... [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]

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]

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]

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]

uk eurosceptics

Labour kept Britain out of the euro. Labour MPs have elected three Eurosceptics out of three to represent them on the party’s National Executive Committee... [read more]

A new year

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

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]

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]

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 Corbyn leadership

Bryan Gould, former Labour shadow cabinet minister, asks how left-wing is Jeremy Corbyn... [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]

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]

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]

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]

Scotland on the Euphrates

Two countries competed this week for first place in news programs all over the world: Scotland and the Islamic State in Iraq and Syria... [read more]

Would Scottish Independence Mean Economic Sovereignty?

Scottish voters will go to the polls on September 18th to decide whether Scotland should become an independent country... [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]

Common Factors in Cases of Economic Resurgence

Successive British Governments have persistently denied the importance of industry in the national economy, with some of ministers foolishly regarding industrial decline as inevitable writes George T Edwards... [read more]

Central government

Former MP and member of the Labour shadow cabinet, Bryan Gould, discusses the flaws in Labour's proposal to devolve power to local regions... [read more]

Fidesz Will Spend More Than Twice The Legal Limit in Hungarian Elections...And Get Away With It

The Hungarian General Election takes place on Sunday April 6. The spotlight has been on the far right party, Jobbik, which will be fielding a national list at the polls... [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]

Schulz Fights For A Democratic Europe

I first heard Martin Schulz speak in Sofia in June at the PES Congress. He was then, as he is now, President of the European Parliament. He articulated a clear vision for reforming the EU which struck a chord... [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 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]

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 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]

An Economic Policy For A Post Neo-Liberal World (Part 3 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]

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]

Edmund Burke would be Labour in 2013

A new biography of Edmund Burke has been written by Jesse Norman, and it has attracted favourable comment from Charles Moore, official biographer of Margaret Thatcher... [read more]

The End of Money

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

From Goulash Socialism to Hunger March

David Eade discusses Hungary’s answer to the Jarrow march... [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]

The Spanish State Faces Disintegration

The Spain of today is in a deep financial crisis. Rather than the country pulling together it is pulling apart. LPJ Iberian correspondent, David Eade, discusses the possibility of the Spainish state breaking up into autonomous regions... [read more]

Isle of Wight Festival – an alternative perspective – June 2012

Miles Caston describes the highlights of this year’s Isle of Wight festival and suggests a ‘greener’ way to enjoy music festivals... [read more]

Britain’s Summer: A Juxtaposition of Sport & Politics - The Question of Nationalism

We may end up remembering 2012 for it’s grand summer of British national pride but we must not forget the country is in a terrible state and it doesn’t appear that things will get better, writes Joseph A. Daniels. ... [read more]

Spain's abusive banks

The big economic news has been the massive 100bn euros bailout of Spain’s banks. However the back story has been the numerous protests by Spaniards against measures to support banks which are largely in trouble through their own greed, corruption and mismanagement, writes David Eade.... [read more]

Spain’s May 15 protest movement celebrates its anniversary

As the Spanish 15-M protest movement celebrates its first anniversary, LPJ Iberian correspondent, David Eade, reveals that the movement is spreading from main street to mainstream... [read more]

Murdoch, Mensch and a new England Manager

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

UKs French set to oust Sarkosy

In his latest article on the upcoming French Presidential elections, David Eade looks at the crucial role French voters living in Britain will play in determining the winner... [read more]

How Independen​t Would An Independen​t Scotland Be?

Britain’s history of war and imperialism, and its current role as junior partner in service to US hegemony, has had a deleterious impact on British society at home, writes John Wight.... [read more]

Is Ed making a balls of it?

David Eade reflects on Ed Balls' recent speech at a Fabian Society conference and asks whether the Shadow Chancellor is more of a hinderence than a help to his own party... [read more]

Bankers’ Oligarchy spells the end of democracy

A qualitative change is taking place within the European Union where it is crystal clear that national independence and democracy are being dumped without formal procedure or public announcement, says John Boyd.... [read more]

The call for a UK amendment on the EU

There is a rising tide of Euroscepticism within mainstream political parties and on the floors of national Parliaments throughout the European Union, says David Lindsay.... [read more]

Poor's show

Ever since the decline of European Socialism in the 1980s and the collapse of the Soviet Union in the ’90s, capitalism has considered itself king of the world and has behaved accordingly, says W Stephen Gilbert.... [read more]

The Incontinent of Europe

W Stephen Gilbert analyses recent events in Europe and makes the case for Britain to remain part of the EU... [read more]

Bewildering Times!

From student fees to taxes, the Liberal Democrats are increasingly being seen as cheerleaders for hard-line Tory policies, writes Chris Mason-Felsing.... [read more]

Mervyn King Comes to Town

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

Unveiling the errors of forced conformism

John Haylett reports on the contradictory nature of France's attempts to 'free' Islamic women from the veil.... [read more]

Bye Bye, Dubai?

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

Scrap It

Environmental campaigner George Monbiot tears into the UK government's proposals for stimulating the motor industry.... [read more]