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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]

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]

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]

Funding California Schools: Proposition 51 Versus a State-owned Bank

There is a much cheaper way to fund this $9 billion school debt... [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 Bankers’ “Power Revolution”: How the Government Got Shackled by Debt

The U.S. federal debt has more than doubled since the 2008 financial crisis, shooting up from $9.4 trillion in mid-2008 to over $22 trillion in April 2019... [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]

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]

Swimming With Sharks: Goldman Sachs, Schools and Capital Appreciation Bonds

Remember when Goldman Sachs – dubbed by Matt Taibbi the Vampire Squid – sold derivatives to Greece so the government could conceal its debt, then bet against that debt, driving it up?... [read more]

Complicity of Dexia in very serious Human Rights violations in the Israeli occupied territories

Part 8 of the series 'The banks and the “Too Big to Jail” doctrine'... [read more]

The real enemies of press freedom are in the newsroom

The principal threat to expression comes not from state regulation but from censorship by editors and proprietors, writes George Monbiot.... [read more]

The accessories to war crimes are those paid to keep the record straight

The BBC's Today programme is enjoying high ratings, and the Mail and the Telegraph are, as usual, attacking the corporation as left-wing... [read more]

Who Turned the Lights Off?

Thomas Riggins reviews Jonathan Israel's analysis of Anthony Pagden's new book - The Enlightenment and why it still matters... [read more]

Lenin on Anarchism and Opportunism: Chapter Four of 'Left Wing' Communism: An Infantile Disorder

Thomas Riggins gives an analysis of Chapter Four of Lenin's 'Left Wing' Communism: an Infantile Disorder and describes the Bolsheviks' struggle against both 'opportunism' and 'petty-bourgeois revolulutionism'... [read more]

Cuba’s truths

A interesting editorial from Cuba's national newspaper, Granma, rebuts the latest claims of human rights abuses put forth by the US and some countries of the EU... [read more]

Plan Colombia Devastates Afro-Colombian Communities

Garry Leech examines the devastating impact of US policy in Colombia upon the country's Afro-Colombian rural communities.... [read more]

Colombia: Displacement, Disappearances and Extrajudicial Executions Increase Under Uribe

Garry Leech reflects on the rise in state-sponsored violence in Colombia under the presidency of Alvaro Uribe.... [read more]

Solitary Confinement

I may be alone - but Palestine lives in me awaiting liberation through your selective humanity.... [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]

The Venezuela Myth Keeping Us From Transforming Our Economy

Modern Monetary Theory (MMT) is getting significant media attention these days, after Rep. Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the “Green New Deal.... [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]

How Uncle Sam Launders Marijuana Money

In a blatant example of “do as I say, not as I do,” the US government is profiting handsomely by accepting marijuana cash in the payment of taxes while imposing huge penalties on banks for accepting it as deposits.... [read more]

My Palestinian Exile Is Not Theatre, Mr Fleisher. It Is Real Life

I am a Palestinian. Do not relegate me to some imperial design suiting Israel's ends and tell me to pack off to Jordan or anywhere other than where I was born and where my forefathers have lived for well over a thousand year... [read more]

Open Letter to the World Anti Doping Agency and International Olympic Committee Regarding the McLaren Report and the Politicization of Doping in Sports

Russian track and field athletes, plus the entire Paralympics team, were banned from the Rio Games last summer. This was based on the first McLaren report commissioned by the World Anti Doping Agency (WADA).... [read more]

Confessions of a Megalomaniac

I was invited by Mahmood Abbas, the President of the Palestinian National Authority, to take part in joint Palestinian-Israeli consultations in advance of the international conference in Paris.... [read more]

Lenin Deserves To Be Rescued From His False Reputation

2017 is going to see many revised versions of the October Revolution. Some prejudices need to be countermanded even before they are uttered. Lenin’s reputation is overshadowed by, and confused with, Stalin’s.... [read more]

“We’ll Look at Everything:” More Thoughts on Trump’s $1 Trillion Infrastructure Plan

The Trump agenda, it seems, is not set in stone. The president-elect has a range of advisors with as many ideas... [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]

Abu-Mazen's Balance Sheet

People wonder why Netanyahu denounces Abbas as an "inciter", while not mentioning Hamas. To solve this mystery, one must understand the Israeli Right does not fear war, but is afraid of international pressure – and therefore the "moderate" Abbas is more dangerous than the "terrorist" Hamas.... [read more]

The Saga of Sisyphus

Shimon Peres was a genius. A genius of impersonation... [read more]

Banning Paralympic Athletes to Bash Russia

Last Sunday it was announced that the International Paralympic Committee (IPC) had decided to ban the entire Russian team from the upcoming Paralympics to held in Rio in September... [read more]

An Australian Health Warning for UK MPs

A national health service is not a discretionary budgetary expense but rather it is a non-discretionary investment made in retaining or gaining a seat in parliament.... [read more]

Putting Labour Together Again

Former Labour shadow cabinet minister, Bryan Gould, explains how a parliamentary party ready to unite behind its leader would in turn invite and deserve a considered response from Corbyn... [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]

Health and Humanity Part 3: Charity Begins At Home

Increasingly, it appears charities and NGOs are behaving in a corporate fashion, which may or may not be a good thing.... [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]

Quantitative Easing for People: The UK Labour Frontrunner's Controversial Proposal

British MP Jeremy Corbyn has proposed a “People’s QE” that has critics crying hyperinflation and supporters saying it’s about time... [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]

Part 3 of the series Governments submit to “Too Big to Fail” banks

Private banks shamefully enjoy a monopoly of lending to the public sector... [read more]

Governments submit to “Too Big to Fail” banks (part 2)

Governments make gifts galore to private banks... [read more]

Economic Policies for an Incoming Labour Government (Part 1 of 9)

The Coalition Government’s Failed Austerity Programme... [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]

No wonder landowners are scared. We are starting to learn who owns Britain

Scotland is breaking the cover-up that stifles our political thought. Bring the Highland Spring south, writes George Monbiot.... [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]

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]

Piketty for Progressives: Part 4

Thomas Riggins continues to guide us through Piketty's Capital in the Twenty-First Century... [read more]

Bank abuses in the real estate sector and illegal foreclosures in the United States

Part 2 in the series by Eric Toussaint - The banks and the “too big to jail” doctrine'... [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]

The return of George Orwell and Big Brother’s war on Palestine, Ukraine and the truth

In his latest essay, John Pilger describes the liberal "one-way, legal/moral screen" behind which great power and its Orwellian propaganda ensure an impunity for war and deception, dependent on what Leni Riefenstahl called our "submissive void".... [read more]

Banks and the New “Too Big to Jail” Doctrine

Part 1 of the series 'Banks and the new “too big to jail” doctrine' by Eric Toussaint... [read more]

The only way to fairness in housing is to tax property

Help to Buy and the other government schemes merely lock in place an unjust system which rewards those in power, writes George Monbiot.... [read more]

The OECD verdict on the British housing market

Former MP and member of the Labour shadow cabinet, Bryan Gould, discusses the findings of a recent OECD report which revealed that UK housing is among the most overpriced in the world... [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]

What can we do with what Thomas Piketty teaches us about capital in the twenty-first century? (Part 2 of 2)

Part 2 of Eric Toussaint's review of Thomas Piketty book Capital in the Twenty-First Century... [read more]

What can we do with what Thomas Piketty teaches us about capital in the twenty-first century?

Part 1 of Eric Toussaint's review of Thomas Piketty book Capital in the Twenty-First Century (Part 1 of 2)... [read more]

Lenin on the "Withering Away'' of the State and Violent Revolution

Lenin discusses these two topics in section four of chapter one of The State and Revolution (1917)... [read more]

Not Michael Gove's Misbegotten Shambles

Michael Gove is a neoconservative member of Denis MacShane’s Henry Jackson Society, and thus also an admirer of Tony Blair and of George W Bush, neither of whom would have got any of the jokes in Blackadder... [read more]

The Disenchantment Of British Voters With Democracy

Former MP and member of the Labour shadow cabinet, Bryan Gould, explains the need for politicians to restore public faith in the value of government and democracy in order to cure voter disaffection ... [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]

Lenin on Freedom and Necessity

Thomas Riggins Analyses The Next Two Parts Of Lenin's Materialism and Empirio-criticism... [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]

Greek Capitalism at a Critical Point

Greek capitalism continues to be the weak link of the Eurozone as it is still under the “intensive care” of the EU support mechanisms for the fourth consecutive year and is in recession for the sixth consecutive year... [read more]

Why is Apple so shifty about how it makes the iPhone?

The paragon of modern tech risks losing its shine by dodging queries about Indonesia, and an orgy of unregulated tin mining, writes George Monbiot.... [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]

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]

Bulgarian Democracy: In A Delicate State

David Eade revisits Bulgaria a month after the elections that brought the Bulgarian Socialist Party to power.... [read more]

The Master Economist Dr Osamu Shimomura - Probably the Greatest Economist of the 20th Century After John Maynard Keynes

George Tait Edwards discusses the immense contribution that Dr Osamu Shimomura (1910-1989) made to the field of economics... [read more]

Reading Lenin: Materialism and Empiro-criticism [Part 5]

Thomas Riggins continues to guide us through Lenin's Materialism and Empiro-criticism... [read more]

Materialism and Empirio-criticism [Part 4 ]

Thomas Riggins guides us through Chapter I, Section II of Lenin's Materialism and Empirio-criticism... [read more]

Lessons and Conclusions from Lenin's Left-Wing Communism: an Infantile Disorder

Thomas Riggins concludes his analysis of Lenin's 'Left-Wing' Communism: an Infantile Disorder and looks at what conclusions can be drawn from the book's previous nine chapters... [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]

Lenin on the Role of a Marxist Party in Relation to the People: Chapter Five of 'Left Wing' Communism an Infantile Disorder

In 1920, Lenin produced an analysis of the political conditions in Germany after the failure of the Communist uprising in 1918. The Communists had split into two rival factions. The issues facing the German Marxists were somewhat analogous to those facing Marxist movements today, writes Thomas Riggins.... [read more]

Principal Stages in the History of Bolshevism 1905-1917 and their Relevance Today

Lenin, in his book "'Left Wing' Communism: An Infantile Disorder," written in 1920, maintained that lessons from the Russian Revolution were of interest to those outside Russia. Thomas Riggins provides an analysis. ... [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]

Camping Needs Solid Ground

LPJ's arts correspondent and resident philosopher, Stephen Gilbert, comments that an emphasis on celebrity is the prevailing television flavour of the age, infecting every genre of programming, whether appropriate or not... [read more]

The Logic of Unintended Consequences: The ‘Mess in Mali'

Ramzy Baroud explains how NATO's foray into Libya is beginning to have unforseen consequences across North Africa... [read more]

The Assange case means we are all suspects now

John Pilger reveals the extent to which the White House will go to silence 'Whistleblowers' speaking the truth... [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]

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]

How Can We Save the British Economy from Third Rate Status?

Following the decline of the manufacturing sector, in recent years, Dr Jonathan Feldmann discusses ways in which Britain could go about redeveloping its industrial base... [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 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]

The Corporate Welfare State

Despite the crisis, it’s still socialism for the 1 per cent, capitalism for the rest.... [read more]

The Hunt for FARC Commander Alfonso Cano

The Colombian military has had numerous successes targeting high-ranking leaders of the Revolutionary Armed Forces of Colombia (FARC) in recent years. Its two greatest successes were the killing of secretariat members Raúl Reyes in 2008 and Jorge Briceño, alias “Mono Jojoy,” last year. By Garry Leech... [read more]

Election 2010: A First-Time Voter's View

Chris Mason-Fielding voted in his first election on May 6th. He reflects on an entertaining and eventful campaign.... [read more]

Violent Clashes Shake Venezuela

A new law prohibiting Venezuela's corporate media from inciting violence against the Chavez government has prompted violent demonstrations from right-wing student groups, as James Suggett explains.... [read more]

Justice in Shades

A damning judgement on army killings suggests that officials at every level have covered up torture and murder, as George Monbiot explains.... [read more]

Exorcising the Ghosts of Paramilitary Violence: Reclaiming Liberty in Libertad

Garry Leech on how the Colombian community of Libertad has struggled to free itself from the brutal violence of Colombia's paramilitary forces.... [read more]

Beware the Assault on Journalism

John Pilger retraces the 'cultural Chernobyl'of Rupert Murdoch's impact on British life.... [read more]

Genetic Modification: A Pandora's Box

Tomasz Pierscionek dissects the arguments on both sides of the GM controversy.... [read more]

Venezuela Government Condemns Peruvian Massacres

James Suggett on the Venezuelan government's response to the massacre of indigenous protestors in the Peruvian Amazon.... [read more]

Presidents of Venezuela and Colombia Pledge Peace and Economic Development

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

Venezuela’s Chávez Declares Support for Obama’s Nuclear Disarmament Pledge

James Suggett on the Venezuelan president's declaration of support for a worldwide disarmament campaign.... [read more]

The Proceeds of Crime

The US and British governments have created a private prison industry which preys on human lives, says George Monbiot.... [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]

Book Review: "Israel and the Clash of Civilisations"

Gavin O'Toole reviews Jonathan Cook's insightful book about the thinking behind US Middle East policy.... [read more]

US Policy Towards Venezuela and Colombia Will Change Little Under Obama

Garry Leech on why US policy towards its Latin American neighbours is unlikely to change significantly under President Obama.... [read more]

Interview: Manuel Yepe talks to London Progressive Journal

On the Fiftieth anniversary of the Cuban Revolution, Alexa Van Sickle talks to Manuel Yepe, the former Cuban Ambassador to Romania and close friend of Che Guevara, about what the future may hold for the Caribbean island. ... [read more]

Congress Confronts Its Contradictions

George Monbiot on why it's ordinary taxpayers who will pay the price for the incompetence of big finance.... [read more]

The Final Offensive for the US-Colombia Free Trade Agreement is a Stark Contrast to Other Developments in the Hemisphere

Mario A. Murillo on the contrast between the US client regime in Colombia and the progressive politics of some of Colombia's Latin American neighbours.... [read more]

Venezuela Says US Uses Anti-Drug List as “Weapon of Domination”

James Suggett on how the United States is using the pretext of counter-narcotics to further its political struggle against Hugo Chávez's Venezuela. ... [read more]

Venezuela Pledges Strengthened Alliance with Bolivia Following Morales Referendum Victory

James Suggett reflects on Bolovian President Evo Morales's referendum victory.... [read more]

Nuking the Treaty

George Monbiot argues Iran is the least of the world’s offenders against non-proliferation.... [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]