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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 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]

The Failure of Innovation in the Anglo-Saxon Economies

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

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

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

The American Dream Is Alive and Well—in China

Home ownership has been called “the quintessential American dream.” Yet today less than 65% of American homes are owner occupied, and more than 50% of the equity in those homes is owned by the banks.... [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]

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]

The Origin and Spread of Investment Credit Economics

George Tait Edwards provides a brief timeline about the creation and spread of the new knowledge about how to make an economy grow with explosive force ... [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]

Labour Leave – Not the Way Ahead

It is true that in the EU referendum, more people (52%) voted to leave than remain (48%) with the EU. But of the total electorate, that was 37% wanting to leave, 35% wanting to remain, and 28% that did not vote. ... [read more]

Pakistan government shames itself over Israeli drone connection… no friend to Gazans

Last year July 2014, Mansoor Jaffar, a senior journalist for Al Arabiya, wrote a scathing article critcizing Pakistan for its “zombie-like response" to the Gaza killings... [read more]

Economic Policies for an Incoming Labour Government (Part 5 of 9)

The Two Great Traditions in Western Economic Thinking ... [read more]

Menace on the Menu: Development and the Globalization of Servitude‏ (Part 1)

In his book ‘The World Economy: A Millennial Perspective’, economist Angus Maddison noted that India was the richest country in the world and had controlled a third of global wealth until the 17th century... [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]

Currently Mistaken Ideas in Western Economics and Their Suggested Corrections (preferably soon) Part 2

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

A Tale of Two Prime Ministers

George Tait Edwards comments on the comparisons and contrasts between the policies and personalities of Shinzo Abe, the Prime Minster of Japan, and David Cameron, the Prime Minister of the United Kingdom... [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 true 'creatives' - let them eat cake? Or, in India, poor quality rice

The LPJ's India correspondent, Colin Todhunter, describes how India's true wealth creators are increasingly sidelined as temples to global capitalism spring up across the country... [read more]

Neoliberalism Has Met Its Match in China

When the Federal Reserve cut interest rates last week, commentators were asking why. According to official data, the economy was rebounding... [read more]

The Cheapest Way to Save the Planet Grows Like a Weed

Planting billions of trees across the world is by far the cheapest and most efficient way to tackle the climate crisis. So states a Guardian article, citing a new analysis published in the journal Science.... [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]

Why Donald Trump Is Right To Look East

The investment potential of the Russian economy offers good reasons why it is time for the West to take a more positive attitude towards the country. The President-elect might be doing everyone a favour in the long run, David Morgan argues.... [read more]

The War on Weed Part II: Monsanto, Bayer, and the Push for Corporate Cannabis

California’s “Adult Use of Marijuana Act” (AUMA) is a voter initiative characterized as legalizing marijuana use... [read more]

Fast-track Hands the Money Monopoly to Private Banks — Permanently

In March 2014, the Bank of England let the cat out of the bag... [read more]

Derailing Amtrak

Tracking the Latest Disaster in the Infrastructure Crisis... [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]

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]

Shimomuran Economics is the Most Significant Advance Ever Made in Economic Understanding and the West Still Doesn't Get It

Shimomuran economics is the name I have given to the collection of no-debt, high-growth economic understandings practised in post-war Japan and post-rapprochement China... [read more]

What is behind this fracking mania? Unbridled machismo

Promoting extractive industries is seen by politicians as a proper, manly pursuit, even if it makes no sense, writes George Monbiot.... [read more]

A Ghost Story Retailed (part three)

W Stephen Gilbert delivers an up-to-date, state and fate of the retail trade in Britain, it is partly personal and anecdotal, and partly a critical overview: part three.... [read more]

Worker Self-Management Introduced in Guayana, Venezuela

Tamara Pearson on a bold Venezuelan government initative to radically democratise a number of state-owned industries.... [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]

Why the Russian Invasion of Georgia is a Blessing for Misguided US Foreign Policy

Professor William Hickey on why the Georgia crisis has highlighted the cynically self-serving basis of US foreign policy.... [read more]

We're Still Too Fixated On Oil

Labour MP Michael Meacher on the ongoing obsession with oil.... [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]

Control Freaks

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

Separation is Beautiful

It says the Likud is the most cunning instrument for keeping the Mizrahim down. That the endless rule of Binyamin Netanyahu, the very personification of the Ashkenazi elite... [read more]

Quo Vadis, Venezuela?

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

The Call of the Nation

A dark wave is submerging democracies all over the Western world.... [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]

Health and Humanity: Conclusion

A healthy human, with a foundation of biopsychosocial health, could hope to find their purpose in life... [read more]

Iraq - US Apocalypse in Mosul in the Guise of Bombing ISIS

“The welfare of the people in particular has always been the alibi of tyrants.” (Albert Camus 1913-1960).... [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]

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]

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]

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]

Bill Hunter: The Life of a Revolutionary

I was around sixteen years old when I first met Bill Hunter who throughout all his life was committed to the cause for Marxism and in whose lifetime witnessed major global events... [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]

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]

Modern Ukraine RIP (Born 1991- Died 2014)

Dr Tomasz Pierscionek explains how Ukraine, as it once was, no longer exists... [read more]

California Water Wars: Another Form of Asset Stripping?

In California’s epic drought, wars over water rights continue, while innovative alternatives for increasing the available water supply go untapped... [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]

Our government’s big green idea: let’s subsidise natural disasters

Britain pays billions to support farming, and then billions to repair the catastrophic damage it causes, writes George Monbiot.... [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]

U.S. cops kill at 100 times rate of other capitalist countries

How many people are killed every year by the police in the U.S?... [read more]

Lenin: State and Revolution, Chapter 6: Vulgarisation of Marx by the Opportunists

Thomas Riggins continues to guide us through Lenin's work - State and Revolution... [read more]

State and Revolution: Chapter 5 - Withering Away the State

Thomas Riggins continues to guide us through chapter 5 of Lenin's State and Revolution... [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]

The Impossibility of Growth

It's the great taboo of our age – and the inability to discuss the pursuit of perpetual growth will prove humanity's undoing, writes George Monbiot.... [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]

The Death Of Blair Peach: Remembering A Day Of Infamy

Blair Peach was killed 35 years ago today. Lindsey German, who knew him as a radical young teacher, looks back at the day in Southall when anti-fascists bore the brunt of police brutality... [read more]

The myths about Marxism

The past two decades have witnessed a barrage of propaganda against Marxism and its revolutionary heritage from the mainstream media... [read more]

Carry out the legacy of Hugo Chavez!

5th March marked one year since the death of Hugo Chávez, the great Venezuelan revolutionary, who was an inspiration to the masses in Latin America and across the world... [read more]

The Benefits Claimants the Government Loves

Uncapped, almost unconditional, the vast sums of public money we give to farmers buy only destruction, writes George Monbiot.... [read more]

The Benefits Claimants the Government Loves

Uncapped, almost unconditional, the vast sums of public money we give to farmers buy only destruction, writes George Monbiot.... [read more]

Another Keynes was Born and Lived and Died in Japan and The West Didn’t Notice

Another Keynes was born in the Saga Prefecture in the north west part of the island of Kyushu, Japan, in 1910 ... [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 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]

Climate Change and Marxism

Using Karl Marx's early works, Elijah Pryor asks if there is an alternative to the Capitalism vs Communism debate?... [read more]

An Excerpt From Carl Sandburg’s Poem “Yes, The People” Re-considered As An Economic And Political Commentary

All people receive new information through a kind of perceptual grid consisting of their background, education and prejudices, which modifies their capability to absorb new information... [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]

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]

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]

CCS sidelined by tenuous financing

Energy Consultant, Jeffrey Michel, discusses the problems with using CCS technology to reduce global warming... [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]

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]

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]

Wolf killings are based on the most cynical of premises

Governments in Russia, Canada and Scandinavia claim they need to protect lesser species and habitats – while continuing their smash and grab raid on natural resources, writes George Monbiot. ... [read more]

The year we did our best to abandon the natural world

Emissions are rising, ice is melting and yet the response of governments is simply to pretend that none of it is happening, says George Monbiot.... [read more]

Urgent Action Needed to Combat European Climate Change

What we need is binding international agreements that reduce and eliminate the use of all chemicals that endanger the lives, health and well being of human beings and other life forms making up the biosphere, writes Thomas Riggins.... [read more]

Lenin on "Reactionary" Trade Unions: Chapter Six of "Left-Wing" Communism: an Infantile Disorder

In his latest article analysing “Left-Wing” Communism: an Infantile Disorder, Thomas Riggins looks at Lenin's views on what sort of relations a Marxist party should have with the trade union movement... [read more]

From Nehru to Mao: India's Tryst with Destiny

In 1947, Nehru spoke about a tryst with destiny. Free from the shackles of British colonialism, India was on course for a bright new future. Fast forward and witness the not so glittering outcome that Nehru didn’t have in mind, writes Colin Todhunter.... [read more]

Historic Victory and a Spicy Tale

In the last of a series of articles on the French elections, David Eade looks at the breakdown of the National Assembly elections and the way forward for Francois Hollande and the Parti Socialiste ... [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]

Taking Another look at ‘Chavs’

Chavs by Owen Jones has rightly been lauded as an overdue rejoinder to the steady and near unstoppable denigration of the working class in Britain over the past three decades of unbroken Thatcherism, under both the Tories and New Labour, reviews John Wight.... [read more]

Trade unions in Cuba and the emergence of a private sector

Recently returned from a study tour of Cuba, Dr Tomasz Pierscionek recounts his meeting with Jesus Montera, an international relations officer of the CTC... [read more]

Alternative music

Pop dinosaurs head up Britain’s Eurovision challenge and the Olympic jamboree. New seasons of X Factor and Pop Idol are being spawned in some modern marketing womb of entertainment hell. They are destroying Britain’s reputation as an alternative music powerhouse, writes Miles Caston.... [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]

Saltley Gate 1972

Terry McPartlan recalls how forty years ago coordinated and determined action by unions halted the Conservative government's plans to drive down living standards... [read more]

Lies, Damned Lies and Opinion Polls

Stephen Gilbert challenges the so called 'accuracy' of ICM opinion polls and shows how Labour continues to miss classic opportunities to rebut Conservative policy. ... [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]

Embracing the Working Time Directive

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

False Evidence Appearing Real

There is profit to be made in keeping the public fearful, Bryan G Taylor explains... [read more]

Slash and Burn Capitalism

Now the government intends to strip away protection from our most treasured places, says George Monbiot.... [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]

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]

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]

United in our Heritage

In response to comments made by David Cameron, Hussein Al-Alak takes a look at the origins of ‘Britishness’... [read more]

How the Billionaires Broke the System

The US deficit reduction plan makes no sense – until you remember who’s behind the Tea Party movement. ... [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]

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]

From Tiananmen Square to Tahrir Square

Steven Colatrella on the nature of uprisings against the state in the wake of revolution in Tunisia and Egypt.... [read more]

Reformed Venezuelan Bank Law Separates Banks and Media

Tamara Pearson reports on an important Venezuelan initiative to prevent the corporate media from getting directly involved in the banking and finance industries.... [read more]

Cluster Bombs and Civilian Lives: Efficient Killing, Profits and Human Rights

An Amnesty International report has brought the issue of cluster bombs back into the public limelight, writes Ramzy Baroud.... [read more]

Day of the Jackals: Eyewitness from the G20 Protests

In the wake of a violent police crackdown in Toronto, Daniel Serge reports on the protests at the recent G20 summit. ... [read more]

The Money Gusher

The oil industry’s decommissioning costs will dwarf those of nuclear power. The money being made now should be put aside to meet them, writes George Monbiot.... [read more]

Venezuela: Workers and State Rally for Nationalizations,

James Suggett on a new series of anti-corruption measures in Venezuela.... [read more]

Soldiers for Hire

Melanie Macdonald on the dangerous and disturbing proliferation of neo-colonial private militias.... [read more]

Workers' Participation is Necessary for Final Push in Iran

If the unrest in Iran is to culminate in a radical upheaval, Iran's workers will have to take centre-stage, argues Maziar Razi.... [read more]

Thatcher - The Real Legacy

With the right-wing press this week celebrating the anniversary of Margaret Thatcher's rise to power, David Brandon reminds us that it was Thatcher's politics that paved the way for the present crisis. ... [read more]

Civil Servants or Arms Dealers?

Selina Larsen on the cosy relationship between the UK government and the international arms trade.... [read more]

President Obama Announces $1 trillion ‘New Deal’ Programme

Christopher Vasey on the Obama administration's new initiative to kick-start the US economy.... [read more]

UK Blacklist Finally Exposed

Steve Kelly of the Unite union on the recent revelations about employers' trade union blacklists in the construction industry.... [read more]

The Tempo of the Struggle

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

Interview: Michael Albert on the Communal Councils in Venezuela

Michael Albert is a prominent activist and economist and a co-founder of Z Magazine. Adam Gill spoke to him about the Venezuelan government's radical "Consejos Comunales" initiative, aimed at deepening participatory democracy.... [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]

Protect and Survive

George Monbiot on how Peter Mandelson is bullying the world’s poorest nations into following a development route that can’t work. ... [read more]

Corporate Media Bashes Venezuelan Government's Law Decrees

Chavez critics don't explain Venezuelan law or how Supreme Court rulings interpret it. Nor do they report how the Enabling Law works, that the nation's Constitution authorizes it, that four other presidents used it, among many other things. How can they? It would expose their false accusations and discredit their entire argument.... [read more]

The Magic Pudding

George Monbiot on why the US government still pouring billions into missile defence.... [read more]

Venezuela Halts Mining in Forest Preserve, but Renews Permit Discussions

James Suggett on the ongoing struggle for control of Venezuela's natural resources.... [read more]

It’s Time to say Thank You to our Immigrant Communities

Parmjit Dhanda MP on the continued success of immigration in Britain.... [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]

New Versus Old Right In Paraguay's Presidential Election

Ben Dangl looks at the candidates on offer in Paraguay's Presidential election.... [read more]

In Like Flint...

Anthony Healy considers proposed changes to the council housing system.... [read more]