Despite Britain’s New Thatcherites, only the State sector has recovered.

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First posted Tuesday, 30 April 2013 on Socialist Economic Bulletin Despite Britain’s new Thatcherites, only the state sector has recovered By Michael Burke The British economy is becoming more dependent on the state.  This is revealed in the latest preliminary … Continue reading

Ed Miliband wants a new economic paradigm – this graph does just that.

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Liberal Conspiracy report ahead of Ed Miliband’s ‘major’ speech on the economy: ‘The Labour leadership is clear about a few things: The last Labour government mistakenly bought into Thatcher’s neo-liberal framework for the economy, and they need to find a … Continue reading

WHY INVESTMENT NOT CUTS IS KEY

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 Questions and answers: Why investment not cuts is key Reprinted from Socialist Economic Bulletin  28.08.12 The debate on the alternatives to the current failed economic policy of the government has intensified. The renewed downturn in Europe, a British government Budget whose … Continue reading

THE UK’S BUDGET DEFICIT IS RISING NOT FALLING

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Re-posted from  Socialist Economic Bulletin   By Michael Burke The latest public sector borrowing data shows that the UK budget deficit* is widening once more. Indeed despite a series of accounting adjustments which obscure the true picture, it is clear that … Continue reading

Some advice unlikely to be taken by George Osborne.

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First, George Osborne should watch this video of Nouriel Roubini (the economist credited with predicting the 2008 credit crunch) explaining why Karl Marx was right … the markets can self-destruct and are in great danger of so doing.  http://online.wsj.com/video/nouriel-roubini-karl-marx-was-right/68EE8F89-EC24-42F8-9B9D-47B510E473B0.html Then … Continue reading