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Hedge Funds, Speculation and Capitalism

With market speculation very much in the news at the moment, Mick Brooks examines the phenomenon of the hedge fund, and its role in the current economic malaise.... [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]

£50bn Bail-out Will Not Stop the Rot

Socialist Appeal's Mick Brooks on the UK government's financial bail-out package.... [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]

Banks in Crisis? Take them Over

With politicians and financial experts grasping at straws in their efforts to resolve the worst economic crisis in decades, Mick Brooks outlines the case for the nationalisation of the banking system.... [read more]

We Must Fight to Keep the Post Public

With both mainstream political parties apparently united in their determination to privatise the UK postal system, Mick Brooks makes the case for resisting so-called "part-privatisation".... [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]

Bank Bailouts - Throwing Good Money After Bad

As the UK government plans further massive bank bailouts, Mick Brooks calls for the complete nationalisation of the banking industry.... [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]

The Great Depression

Michael Roberts argues that the big "bailouts" of financial institutions have exposed the fallacy behind the "free market" ideologies which have dominated British and American political and economic systems for the past thirty years.... [read more]

Back to Boom and Bust

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

North Korea - As Trump Threatens, the Nation Still Struggles with America’s Lethal Legacy

“Throughout the world, on any given day, a man, woman or child is likely to be displaced, tortured, killed or ‘disappeared’ … More often than not, the United States shares the blame.” (Amnesty International, 1996) ... [read more]

Syria: Trump’s Tomahawks, Double Standards - Using Chemical and Radioactive Weapons for Profit?

In a nauseating irony, exposed by the Palmer Report, Trump may have profited from the deaths he caused.... [read more]

Westminster Attack – Courage, Cowardice and Double Standards

Theresa May, the Prime Minister, was rushed into a car 40 yards from the gates outside Parliament where shots were fired minutes after the incident occurred. What a contrast to President Bashar Al Assad and his wife, who with their children, have never fled terrorist attacks on their country ongoing since March 2011, terrorist attacks which include entirely illegal, massive bombings by UK and US air power.... [read more]

A Crisis Worse than ISIS? Bail-Ins Begin

While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US... [read more]

BCE / LTRO: what’s that ?

Part 5 of the series 'Too Big to Fail' by Eric Toussaint... [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]

The War of Fools

A few days ago, Israeli TV Channel 10 broadcast an investigative story about the 2006 Israeli attack on Lebanon, known as "Lebanon War II"... [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]

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]

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]

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]

Britain's Coalition Government: Unleashing the Forces of Hell

It's now several weeks since the Tories swept into office, propped up by the Liberal Democrats. Chris Mason-Felsing looks at the story so far.... [read more]

Bye Bye, Dubai?

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

Matter of the Heart

Uri Avnery looks back over the first 100 days of Binyamin Netanyahu's second term as Israeli Prime Minister.... [read more]

Why We Must Nationalise Northern Rock

Examining the ongoing crisis of the Northern Rock bank, Chris Vasey argues nationalisation is the only way to safeguard public money and jobs.... [read more]

Green Shoots of Economic Recovery?

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

Ethical Investment Campaigning at UCL Pays Off for Students

University College London student Craig Griffiths on how relentless campaigning forced the issue on ethical investment at UCL.... [read more]

Socialism at Its Finest after Fed’s Bazooka Fails

In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of the last three years... [read more]

Is the Run on the Dollar Due to Panic or Greed?

What’s going on in the repo market? Rates on repurchase (“repo”) agreements should be about 2%, in line with the Federal Reserve funds rate... [read more]

Capitalism Made You A Whore

This somewhat ranty piece won't win me any friends among the so-called sisterhood... [read more]

Why Is the Fed Paying So Much Interest to Banks?

When “Mary Poppins” was made into a movie in 1964, Mr. Banks’ advice to his son was sound. The banks were then paying more than 5% interest on deposits, enough to double young Michael’s investment every 14 years.... [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]

The Hollow Centre

Its hard now to believe how things once were. Full-blooded socialism never found a secure place in the British experience, but through the Seventies we had something more than the piecemeal reform of social democracy.... [read more]

Classy Questions

Are you fit enough to join the front-line in the UK's Class War?... [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]

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]

America’s Brexit: to fight Trump, fight Capitalism!

What once seemed unthinkable — akin to an episode of the Twilight Zone — has become a surreal reality... [read more]

Brexit: The UK’s referendum on EU membership delivers a self-inflicted wound

This constantly troublesome and disloyal bunch of Labour MPs don’t care about the country or their Party. They cannot see that it is they, not Corbyn, who are making the Party unelectable... [read more]

Petty Corruption

Many years ago I received a phone call from the Prime Minister's office. I was told that Yitzhak Rabin wanted to see me in private... [read more]

Two Natanz-es? The One I Eternally Adore Is . . . Real!

Natanz is the name of the ancient and tranquil township whose otherwise noble name has been excessively abused by the Western and US media circus in the past decade... [read more]

Is the UK’s Iraq Inquiry Set to “savage” Tony Blair?

Charles Anthony Lynton Blair is beyond all shame. No matter how widely the guilt is spread, he was Captain of the No 10 Downing Street ship, and thus should shoulder commensurate blame.... [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]

In the Panama Capers we Trust

The leaked Panama Papers, from the Panamanian law firm Mossack Fonseca & Co, are spilling the beans on the details of what the rich, powerful and greedy get up to with unseemly amounts of dosh... [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]

Hang On to Your Wallet: Negative Interest, the War on Cash and the $10 Trillion Bail-In

In uncertain times, “cash is king,” but central bankers are systematically moving to eliminate that option. Is it really about stimulating the economy? Or is there some deeper, darker threat afoot?... [read more]

Jack Goody: An Appreciation

David Morgan writes an obituary for Jack Goody... [read more]

Sheldon's Stooges

In Japan in the good old days, Binyamin Netanyahu would by now have committed hara-kiri... [read more]

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

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

A Gerrymandered Election and A Flawed Mandate

To the great puzzlement and consternation of pundits and pollsters, the British general election produced what seems a great democratic victory for the Conservative party... [read more]

Kissinger and Shultz on 'The Iran Deal'

The Wall Street Journal on 8 April turned over an entire editorial page to former secretaries of state Henry Kissinger and George Shultz... [read more]

The Left, Anti-Zionism & Anti-Semitism

For those of us who study Israel and Zionism from the vantage point of Britain, there are some things we are able to predict with unerring accuracy... [read more]

Piketty for Progressives

Part 3 of Thomas Riggins's analysis of Thomas Piketty's book - Capital in the Twenty-First Century... [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]

Fast-tracking Neo-liberalism in India

Apparently, the results of the national general election in India mark a turning point. We are told that the nation has spoken and has given the new Prime Minister Narendra Modi and his BJP party a ‘landslide victory’... [read more]

Banks: Fudged health report

The final part of the series by Eric Toussaint - 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]

The Logic of War Crimes in a Criminal War

When U.S. marines carried out the savage and systematic execution of Iraqi families and small children in Haditha [in November 2004], it was initially reported as a “battle” with “insurgent casualties.”... [read more]

Pakistan, terrorism and torture: How I was radicalised by the state

Mohammad Yahiya shares his personal experience of state terrorism and torture in this article... [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]

Elections in Norway

Patrizia Bertini speaks with Norwegian Labour Party politician Rudolph Brynn about the general election next week... [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]

It’s Franco’s heart that beats in Madrid

No Gibraltarian, and come to that anybody living in the real world, will believe the confrontations at sea last week over the reef laying and the six hour car queues to leave Gibraltar at the weekend were anything but linked, writes David Eade.... [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]

Iraqi Freedom Ten Years after Liberation

Next week, on Tuesday 19 March, many of us will remember how, precisely ten years ago, in another and dreamlike existence, we incredulously watched the beginning of the invasion of Iraq. Faisl Mikdadi shares some personal reflection... [read more]

Proportional Representation in the UK

After the disaster that was Nick Clegg's attempt at electoral reform it appears that reforming the voting system may be off the agenda for at least a generation, longer if the two main parties have their way, writes Bobby Gant.... [read more]

Call Mr Robeson – a Life with Songs

John Green writes about the life and work of one of America’s greatest singers who was ‘disappeared’ from public life and airbrushed out of the history books... [read more]

Palestinian Refugees from Syria Lost and ‘Betrayed’

The official position of Arab nations is unambiguous: solidarity with Palestine is paramount. But facts on the ground point to a disturbingly different reality, one in which Palestinians are mistreated beyond any rational justification in various Arab countries, writes Ramzy Baroud.... [read more]

The Children Are Still Dying: Violence is Not News

Somewhere in my home I have a set of photo albums I rarely go near. I fear the flood of cruel memories that might be evoked from looking at the countless photos I took during a trip to Iraq, writes Ramzy Baroud.... [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]

Doing Politics

Tomasz Pierscionek reviews a book by former Labour MP Tony Wright, who sat in the House of Commons for nearly twenty years... [read more]

The French Presidential Campaign: As Viewed from the Rue de Solférino

David Eade talks to Pierre Kanuty about Francois Hollande's real chance of victory in the upcoming French election.... [read more]

Noncommittal for kindle or less than kind?

The Kindle - an infinity of reading or a bibliophile's nightmare? Stephen Gilbert shares his thoughts on the matter.... [read more]

Straight to the heart

Gay marriage: 'oh dear, oh lor’, how did this become the issue of the hour? The world appears to have divided itself into two camps and I find myself in neither'- journalist and writer W Steven Gilbert shares his thoughts... [read more]

Digital Gods and Monsters

Our world view is in danger of being dictated by the digital gods. Bryan Taylor reports on how Google and the social media we revel in are moulding themselves around us.... [read more]

Goodbye homophobia. Hello sexual diversity

Peter Tatchell gives his thoughts on what a post homophobic society might look like... [read more]

A manager's dog

‘I am his Highness’ dog at Kew; Pray, tell me sir, whose dog are you?' ( Alexander Pope, Epigram Engraved on the Collar of a Dog which I gave to his Royal Highness)... [read more]

The Great Pay Robbery

Here’s why the government’s proposals on executive pay won’t work – and why we need a maximum wage, says George Monbiot.... [read more]

To the river...

Emmeline Ravilious reviews Olivia Laing\'s latest book \'To the River\'... [read more]

The fall of an empire

Jeremy Corbyn reflects on the rise of Murdoch media empire and the years of shameless and blinkered journalism that have been a feature of the newspapers controlled by the media mogul.... [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]

Book Review: Cuba's Education Revolution

Tomasz Pierscionek reviews Theodore MacDonald's new book, a comprehensive survey of Cuba's education system since 1959.... [read more]

BP’s Dumb Investors

The companies now threatening to sue BP have only themselves to blame, writes George Monbiot.... [read more]

Pension Rights And Wrongs

Socialist Appeal's Eric Hollies on how Britain's bosses and directors continue to prosper while the financial crisis takes its toll on the rest of the nation.... [read more]

Venezuela: US Criticisms of Venezuelan Arms Purchases Lack “Moral Weight”

James Suggett on the uncompromising Venezuelan response to US criticisms of recent arms purchases from Russia.... [read more]

Venezuela: US Military is in Colombia to Control the Region’s Natural Resources

James Suggett on the true purpose behind the build-up of the US military presence in Colombia.... [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]

Interview: Greg Maughan, Campaign for a New Workers' Party

Cristina Brooks spoke to Greg Maughan of the Campaign for a New Workers' Party about his views on recent developments in the economic sphere.... [read more]

From Aid Agency to Cash Machine?

Mick Brooks on how overseas aid programmes are merely exacerbating social inequality in developing countries.... [read more]

Venezuela Advances Integration and Shares New Satellite with Ecuador

James Suggett on the latest development in the ongoing Venezuelan-led initiative for greater Latin American integration in the face of the world economic crisis.... [read more]

Unprecedented!

Michael Roberts on why the present economic crisis demonstrates the vulnerability of "free market" capitalism. ... [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]

Financial Meltdown Deepens

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

The Magic Pudding

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

Dying for a Coke

Kacie Morgan on the campaign to expose the Coca-Cola company's links with right-wing paramilitary violence.... [read more]

Asylum Seeker Wins Judicial Review Against Deportation

Sara Hall on some good news in the case of Cameroonian asylum seeker Guy Njike.... [read more]

"Stop the Arms Trade Week" Comes to London

CAAT will hold its annual event in Islington this week, to draw attention to the murderous multi-million pound arms trade.... [read more]

Is Peace Possible in the Western Sahara?

Joanna Allan on the ongoing struggle of the Saharawi people.... [read more]

Death of the Noble Idea

Big money trumps everything in politics, even the most dearly-held beliefs.... [read more]