Labour MP in urgent need of lesson in economics

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A response to Chris Evans MP by Prue Plumridge Just before the vote on the Fiscal Charter Chris Evans MP (who abstained) said: “Labour should be proud that when we were last in government we ran a budget surplus for … Continue reading

Economic Inequality explained

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Animation from the US but can you spot the differences between the US and George Osborne’s economic ‘strategy’ in the UK?   Urban Nation Radio An Animated Video Explains Economic Inequality.

Thatcher’s economics has generated ‘poverty in the midst of plenty’

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By Prue Plumridge Lord Wolfson, chief of the Next retail chain said recently that the national living wage could drive up inflation as the retailer would have to raise prices to offset the cost of the new minimum wage of … Continue reading

The economy is not growing strongly

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Crisis hasn’t gone away.  Corbynomics will be increasingly necessary. By Michael Burke   First posted 17.09.15 at http://socialisteconomicbulletin.blogspot.co.uk   One of the most widely repeated falsehoods about the British economy is the assertion that it is growing strongly and that the … Continue reading

Blair’s Coup d’Etat or Why the PLP is so right wing

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In the same way, as the dark side of the EU project was exposed by the Greek crisis, the campaign leading to Jeremy Corbyn’s staggering win of the Labour Leadership has exposed the gulf between the grassroots and the Westminster … Continue reading

A fairer society means breaking the big business stranglehold on politics

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Labour’s challenge to fight inequalities and rebuild democracy rests on addressing Britain’s ‘finance curse’ If the next Labour leader wants a fairer society, they must break the big business stranglehold on politics. by Nick Dearden Re-posted from openDemocracy 10.09.15 In … Continue reading

Was Panorama’s Presenter right about Corbynomics?

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Panorama’s presenter, John Ware’s negative opinions were hardly hidden in ‘Jeremy Corbyn: Labour’s Earthquake’.  For example, he started by sneering that a Corbyn Town Hall meeting had all the fervour of a revivalist meeting (sub-text = crowd hysteria).  But then, he … Continue reading