Friday, 7 August , 2020

alternative economics

Why Labour doesn’t support Modern Monetary Theory

By Jonathan Reynolds  June 4, 2019 If you were asked what the Daily Telegraph and the Morning Star had in common recently, you’d probably struggle to...

Marxism vs Modern Monetary Theory

By Adam Booth 7 Jun 2019 “Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves...

Coronavirus crisis: now is the hour of Modern Monetary Theory

by Peter Bofinger on 23rd March 2020 The measures to contain the coronavirus pandemic not only comprise a unique experiment in health policy. They have...

Sanders’ Key Adviser Details Economic Plan To Counter Detractors

27 February 2020 Sanders, a U.S. senator from Vermont and democratic socialist, has promised a sweeping transformation of the U.S. economy if he wrests the...

The new PSOE/UP government in Spain (and left in Portugal and...

by Klaus Dräger Since 7 January 2020, there is a new government in place in Spain. PSOE's Pedro Sanchez is again Prime Minister. He is...

Election 2019: Transatlantic socialism rising

As Sanders and Corbyn head to the polls, Peter Gowan describes a new spirit of international collaboration on the left November 30, 2019 The ‘green new...

Socialize Finance

We already live in a planned economy. Why not make it a democratic one? By J. W. Mason Nov 28, 2016 At its most basic level, finance...

The European Union: The Threat of Disintegration

The crisis of the EU is multifaceted and has visibly deepened during the last year. The British referendum on EU membership and the vote...

Corbyn’s economic policies

According to OECD data, in the UK, the average income of the richest 10% is almost 10 times higher than the income of the poorest 10%. Especially during the years 2005-2011 the gap has widened. The level of income inequality in the UK has been well above the OECD average. Although the UK economy managed to create jobs since the recession, productivity

How to organize a resistance economy

The World Bank was always dominated by the United States, but in its earlier years and up to the 1980’s – the time when neoliberalism and the Washington Consensus – started their merciless ascent, the World Bank financed and carried out some real ‘grass-roots’ projects