The Massive Cash Hoard of Western Companies

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The cash hoard of Western companies By Michael Burke Published previously  by  Socialist Economic Bulletin  Supporters of ‘austerity’ would have a very strong argument if there really were no money left. In that case, opponents of current policy would be … Continue reading

Did you say Recovery .. What Recovery?

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Recovery? What Recovery? From Luke James Morning Star Unions reminded backslapping  Tory leaders  that Britain is in the grip of the worst economic crisis in a century despite 0.6 per cent growth in the last quarter. Tiny boosts in construction … Continue reading

Austerity – Why do we have it, and what is the Alternative?

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Why do we have Austerity, and What is the Alternative? previously published by Socialist Economic Bulletin By Michael Burke The national launch of the People’s Assembly Against Austerity is a very welcome development. It brings together a number of the … Continue reading