Wednesday, November 26, 2008

'Extraordinary measures' the order of the day

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The capitalist system is both broke and broken – and neither New Labour nor the Tories can fix it. Banks can’t and won’t lend, the housing m...
Tuesday, November 25, 2008

Darling deludes no-one except himself

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The measures set out in the New Labour government’s emergency budget yesterday were designed to set pulses racing and induce a collective si...
Monday, November 24, 2008

Time to slay the dragon

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As the clocks struck midnight in Washington on Sunday, the Bush government scrambled to rescue Citibank, formerly one of the world’s most po...
Friday, November 21, 2008

Shocks to the system

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It would be difficult to overestimate the significance of even one of the economic events of the last 24 hours. Fears of a severe recession ...
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Thursday, November 20, 2008

The great biomass grab

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Although three-quarters of the world’s biomass has remained beyond grasp of the market economy, c orporations are now poised to appropriate ...
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Wednesday, November 19, 2008

High art - high prices

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The National Gallery's struggle to raise the cash to buy a Titian masterpiece says a lot about the art market and access to cultural wor...
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Tuesday, November 18, 2008

There is another way

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Trying to solve a global capitalist economic and financial crisis fuelled by credit and debt, which has driven consumers to the wall and lef...
Monday, November 17, 2008

The spirit of Shankly lives on

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“The socialism I believe in,” said the legendary Liverpool FC manager Bill Shankly, “is everybody working for the same goal and everybody ha...
Friday, November 14, 2008

Can we do it? Yes we must!

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As the political leaders of 20 of the biggest economies gather in Washington to work out how to fix the global capitalist economy as, like a...
Thursday, November 13, 2008

Work makes you sick

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As the planet’s eco-systems cannot cope with the stress imposed on them by capitalist forms of production, human beings are bound to be simi...
Wednesday, November 12, 2008

New Labour isn’t working

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This is where New Labour came in. Unemployment is now back to 1997 levels and the claimant count has seen its biggest increase in over 15 ye...
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Tuesday, November 11, 2008

A drawing down of blinds

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What is left unsaid on November 11, when the slaughter of World War One finally ended exactly 90 years ago, needs to be shouted from the roo...
Monday, November 10, 2008

In the state's firing line

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Behind the turmoil of the economic and financial crisis, New Labour is stepping up its construction of a surveillance state that assumes tha...
Friday, November 07, 2008

The 'great debt unwind' continues apace

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Central banks are slashing base rates across Europe in a renewed, desperate attempt to minimise the impact of the unstoppable descent into s...
Thursday, November 06, 2008

Paying for oil with their lives

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People are enjoying a national holiday in Kenya today to mark Barack Obama's family connections with the country and across Africa milli...
Wednesday, November 05, 2008

US voters vent their anger

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Barack Obama’s historic and clear-cut victory in yesterday’s US presidential election is the result of a mass mobilisation of people and ene...
Tuesday, November 04, 2008

A global land grab is underway

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Today's food and financial crises have, in tandem, triggered a new global land grab. "Food insecure" governments that rely on ...
Monday, November 03, 2008

Obama is riding a tiger

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As the most expensive election campaign in US history draws to a close – candidates have spent over $1.5 billion since the primaries began l...
Friday, October 31, 2008

Banks get quids but there's no quo

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It is not long since Prime Minister Brown announced a £400 billion bail-out package including a £37 billion gift to the banks, but the big l...
Thursday, October 30, 2008

Beyond peak oil

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Obscene profits announced this week by two oil giants underline two important messages. One, governments can neither regulate nor influence ...
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