A non-partisan journal of the left.

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Election Theft in Honduras

Honduras is in crisis. The national election took place on Sunday 26 November. Results posted that night showed the challenger Salvador Nasralla with a 5% lead with 57% of the votes tallied... [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 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]

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]

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]

The Invisible Diasporan (Part 1)

Mallards Cottage was where I wrote my first novel. I called it The Return. I used to dream most of its events – the very plot was born of a dream on Christmas Eve of 1976... [read more]

Can Jill Carry Bernie’s Baton?

Bernie Sanders supporters are flocking to Jill Stein, the presumptive Green Party presidential candidate... [read more]

It Can Happen Here: The Bank Confiscation Scheme for US and UK Depositors

Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets reveals Ellen Brown... [read more]

The circulating money supply: Why QE3 won’t jumpstart the Economy—and What Would

The economy could use a good dose of “aggregate demand”—new spending money in the pockets of consumers — but QE3 won’t do it. Neither will it trigger the dreaded hyperinflation. In fact, it won’t do much at all. There are better alternatives, argues Ellen Brown.... [read more]

Green Shoots of Economic Recovery?

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

How to Wipe Out Puerto Rico's Debt Without Hurting Bondholders

During his visit to hurricane-stricken Puerto Rico, President Donald Trump shocked the bond market when he told Geraldo Rivera of Fox News that he was going to wipe out the island’s bond debt.... [read more]

Saving Illinois: Getting More Bang for the State’s Bucks

Illinois is teetering on bankruptcy and other states are not far behind, largely due to unfunded pension liabilities; but there are solutions.... [read more]

The Longest Day

A poem by David Van-Cauter... [read more]

So Near and Yet So Far

Stop buying, start making! Stop buying, start growing! Stop buying, start sharing!... [read more]

Trading Places

More than ever in human history, we're caught in a tug of war that threatens to destabilise entire populations and even to redefine geo-political and cultural boundaries.... [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]

More Equal Than Others

Our society thrives on inequality, insofar as it thrives at all... [read more]

Daddy, what did you do in the war?

A poem from Simon Cockle... [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]

Holy Water

In the last few months Netanyahu has appointed new people to several of the most important government functions... [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]

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]

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]

Monsanto's 'Hand of God': Planned Obsolescence Of The Indian Farmer

Global agribusiness is playing fast and loose with poor people’s lives and is profiting handsomely.... [read more]

A lurch to the left

Bryan Gould, former Labour shadow cabinet minister, explains why Jeremy Corbyn's campaign appealed to those who are disturbed by increased poverty and widening inequality... [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]

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]

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]

Tony Blair, George W. Bush and David Cameron: Hijacking God?

There must be something in the water at Number 10 Downing Street, writes Felicity Arbuthnot... [read more]

Ukraine and Crimea - an Illegal Putsch and a Democratic Referendum

Felicity Arbuthnot discusses the outcome of the Crimean referendum in view of rampant propaganda being hysterically stirred from Washington and Whitehall... [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]

The Leveraged Buyout of America

In a letter to Federal Reserve Chairman Ben Bernanke, US Representative Alan Grayson and three co-signers expressed concern about the expansion of large banks into what have traditionally been non-financial commercial spheres... [read more]

An Economic Policy For A Post Neo-Liberal World (Part 2 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]

Sixty years of philatelic pleasure, and now?

For the five or six generations of solitary, sedentary boys in the middle of which fell my vintage (the baby boomers), the hobby par excellence was collecting stamps, recalls W Stephen Gilbert.... [read more]

The Roma of Iraq- a forgotten community

Iqbal Tamimi considers the fate of the Roma women of Iraq: from dancing and prostitution before the US invasion of Iraq to harassment and begging on the streets afterwards.... [read more]

Champions of the Overdog

Local papers are vanishing. George Monbiot asks: Does it matter? ... [read more]

Colombia’s Deteriorating Displacement Crisis

Garry Leech reports on the plight of Colombia's millions of displaced persons.... [read more]

The Tempo of the Struggle

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

Millions Spent on Hirst's Vacuous Artworks Reflect The Decadence of 21st Century Capitalism

Laura Hayhurst-France on the artistic and moral decline implicit in the immense commercial success of the artist/businessman Damian Hirst.... [read more]