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

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]

Out of the Ashes

Now is the time to start planning for a new economy, not dependent on growth. ... [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]

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]

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]

The Failure of Innovation in the Anglo-Saxon Economies

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

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 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]

The Shimomuran Economics Solution to the Western Economic Crisis

George Tait Edwards explains how investment credit creation could resurrect Western economies... [read more]

Eight Questions for Western Government Economic Advisors

Economist George Tait Edwards MBE asks Western economists eight direct questions... [read more]

Not Feeling But Falling

With extraordinary candour Theresa May has admitted that the case for the free market is not the given she believed it to be... [read more]

Lucky Bastards of The 20th Century: The Story of The Economic Bomb

During 1980 a small group was formed to act under the aegis of Michael Grylls, MP, who was then the Chairman of the back bench Industry Committee in the House of Commons... [read more]

Conservatism in a nutshell

It’s not enough to defeat Tory ideology. We also have to defeat the Tory propaganda machine that brainwashes people with their slogans and catch-phrases... [read more]

Interview with Robert Braun (Part 1 of 2)

Dr Robert Braun, veteran politician and senior member of Hungary’s opposition party, MSZP, speaks with Dr Tomasz Pierscionek about Hungary’s transition from Eastern Bloc state to neo-liberal democracy and describes the challenges currently facing the country... [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]

From Austerity to Prosperity: Why I Am Running for California Treasurer

Welfare payments, health care for the poor, and benefits for the elderly and disabled have been slashed. State workers have been downsized... [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]

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]

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]

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]

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]

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]

Scorched Earth Economics

The model is dead; long live the model. Austerity programmes are extending the crises they were meant to solve, yet governments refuse to abandon them and the UK provides a powerful example, writes George Monbiot. ... [read more]

Has Europe abandoned the Left?

David Eade looks at whether there is any truth in the claim that the people of Europe have turned away from the parties of the Left... [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]

UK riots: Missing the bigger picture

Tomasz Pierscionek examines a variety of proposals to deal with the rioting that swept London and reveals gaps in the logic of those calling for the usual knee jerk reaction.... [read more]

U.S. IMMIGRATION: Is It Still an (inter-)National Asset or a Heartland Liability? You be the final Judge!

Give me your tired, your poor, your huddled masses yearning to breathe free ... [read more]

Nowruz: 2018

The Persian New Year at the spring vernal equinox is commemorated in Iran, Central/West Asia and by the diaspora... [read more]

Did the CIA Sabotage Russia at the Olympics?

There is something very fishy about the Anti Doping Rule Violations (ADRVs) pinned on the Russian curler and Russian bobsledder during the final week of the Peyongchang Winter Olympics. ... [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]

Nowruz, the Persian New Year at the spring vernal equinox

Nowruz in Persian literally means the first day [of the New Year]. It is the most prominent seasonal celebration of the solar calendars... [read more]

If Only...

Discontent among the uninformed tends toward unreasoned emotion. The educated dissentient is able and willing to identify the nature of a problem and articulate an indictment of the problem’s source.... [read more]

Nowruz, the Persian New Year at the spring vernal equinox

Nowruz in Persian literally means the first day [of the New Year]. It is the most prominent seasonal celebration of the solar calendars... [read more]

Living in the age of austerity

Living in the age of austerity. A poem by Rachel Kirk... [read more]

INET Should Rename Itself IPNET Because Preventing New Economic Thinking Is What it Does

INET is a cheerleader and supporter of the Washington Consensus... [read more]

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

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

Building the Fight against Austerity

It has been a depressing few weeks for the supporters of the Labour Party’s new leader Jeremy Corbyn... [read more]

Questions of Power and Slavery

All governments encroach, creep into our lives, and smother our minds with ever more legislation that infringes our human rights and civil liberties... [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]

“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]

To the Piraeus 2015

John Gohorry's latest poem... [read more]

General Election disaster for working people as Tories stay in power

Big business and the fat cats of the City of London are celebrating the victory of their friends in the Tory Party... [read more]

Nowruz, the New Year at the spring vernal equinox

Nowruz in Persian literally means the first day... [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]

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

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

Some deny society exists. Let’s prove them wrong

There’s more to life than consumerism. But to find it we need new models of supporting each other, writes George Monbiot.... [read more]

Waving in the first Row

Netanyahu went to Paris as part of his election campaign... [read more]

What GMOs Are Really About: Profits, Power and Geopolitics

Genetically modified organisms (GMOs) are not essential for feeding the world... [read more]

The G20 Leaders Communique′

Mark Horner critically reviews four major themes of the G20 Leaders Communique... [read more]

Growth: the destructive god that can never be appeased

The blind pursuit of economic exapansion stokes a cycle of financial crisis, and is wrecking our world. Time for an alternative, writes George Monbiot.... [read more]

The Imminent Prospect of a US-Iran Breakthrough worries the Hawks

The international community grapples once again with the imminent prospect of a “nuclear deal” between the US (P5+1) and Iran before the extended deadline of November 24 arrives... [read more]

Ukraine: NATO hypocrisy over “Russian invasion” as Kiev suffers defeat

As politicans from across the world met at the NATO summit in Wales, the crisis in Ukraine saw an escalation in rhetoric... [read more]

Challenges to the rights of sexual minorities in Africa

A Ugandan Catholic priest analyses the reasons for the existence of homophobia in Africa... [read more]

EU Financial Help For The UK's Super Rich

The world is no longer ruled by so-called governments, elected or otherwise. In brutal fact, those who really determine how we plebs live are the International Bankers and their Multinational Business Conglomerate cohorts... [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]

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]

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]

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]

Is there an alternative to the Labour Party?

Trade unionist Karl Davis looks at comments made by RMT General Secretary Bob Crow who called for the formation of a new political party for workers... [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]

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]

There is a war on ordinary people and feminists are needed at the front

The problem with media-run "conversations" on gender is not merely the almost total absence of male participants, but the suppression of class, writes John Pilger.... [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]

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]

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]

Secrets of the Rich

Billionaires are hiding behind a network of “independent” groups, who manipulate politics on their behalf, writes George Monbiot.... [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]

If you think we're done with neoliberalism, think again

The global application of a fraudulent economic theory brought the west to its knees. Yet for those in power, it offers riches, writes George Monbiot.... [read more]

One Nation- Ed's Third Way

David Eade reports on Ed Milliband's speech at the Fabian Society conference today... [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]

Turkish PM Erdogan Must Respond to the Demands of the Kurdish Hunger Strikers

Hundreds of Kurdish prisoners are currently taking part in a hunger strike which they have declared will be indefinite, David Morgan reports... [read more]

Charity Economics, Subservient Politics: Why Oslo Must Go

Recent demonstrations in protest of the rising cost of living have swept across the West Bank. While they are not indicative of a Palestinian version of the ‘Arab Spring’, they are still an important first step, writes Ramzy Baroud.... [read more]

A boost for peaceful direct action in Spain

Jim Handley reports on recent Anarchist action against austerity... [read more]

Is this the Sudanese summer?

Omar Zaki explores the recent protests taking place across Sudan and the implications for the government of President Omar Al-Bashir... [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]

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]

Letter to a Soldier of the IDF

John Wight writes a letter in commemoration of the third anniversary of Operation Cast Lead, Israel's military assault on Gaza, it is written in the form of a letter to an IDF soldier. ... [read more]

Women Leaders key to post-conflict development on Bougainville

Following a recent trip to the island, coinciding with the tenth anniversary of the end of the Bougainville Civil War, Catherine Wilson reports on the role women played in bringing peace to the island.... [read more]

Such is the Peace Process: Obama as a Salesman

Ramzy Baroud reflects on the mood of pessimism emanating from the latest round of peace talks in the Middle East.... [read more]

Heroes of the 21st Century

The first decade of the 21st Century has been marred by violence, militarism and oppression in the Global South. But there has also been resistance. Tomasz Pierscionek profiles some of the radical heroes of the past ten years.... [read more]

Bye Bye, Dubai?

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

Obama’s Test: Democracy or Chaos in Latin America

Will the Obama administration break with tradition and provide US support for democracy in Latin America? Probably not, if the Honduras coup is anything to go by, says Ramzy Baroud.... [read more]

Iran's Nuclear Theatre Meant to Distract Attention

Ramzy Baroud dissects the media storm over Iran's arms programme.... [read more]

You'd Have to be Stupid

Derek Wall argues that only a fundamental change in the world economic system can meet the environmental challenges of the 21st Century.... [read more]

Zimbabwe: Why the International Community Must Intervene

Examining the legal framework of humanitarian intervention, Alexa Van Sickle calls on the international community to act now to prevent a humanitarian tragedy in Zimbabwe.... [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]

Remembering Professor Kulthum Odeh (1892 -1965)

Reviewing the life of Kulthum Odeh, the first woman in the Arab world to hold a professorship, Iqbal Tamimi considers the all-pervading ignorance about Palestine.... [read more]

Coal Scuttled

George Monbiot on why we should all support this week's Climate Camp demonstration.... [read more]

Venezuela Strengthens Alliance with Russia to Promote “Polycentrism”

James Suggett on the recent meeting between Hugo Chávez and Dimitri Medvedev.... [read more]

The Failure of New Labour was to Ignore Society

Compass's Jonathan Rutherford believes New Labour has lost touch with society.... [read more]

"Unfashionable" Balkan Nationalism?

Victor Petroff on the rise of right-wing populism in Bulgaria.... [read more]