Scottish Labour's leaders cannot keep blaming Westminster for the collapse at the ballot box, says VINCE MILLS
IS IT possible to recognise in the present what historians will later declare to be a moment of transition from one historical period — defined according to prevailing features in politics, economics and society — to another? Are we in such a moment now?
Periodisation of historical epochs is controversial and inexact, and traditional historians have frowned upon it. Yet economists and historians have attempted to delineate distinct periods of history.
These include Eric Hobsbawm, who wrote of the long 19th century (1789-1914), and the short 20th century (1914-1989) and economist Joseph Schumpeter, who defined the “creative destruction” theory of technological change.
If the government really wanted to address public finances, improve living standards and begin economic recovery, it would increase its borrowing for investment, argues MICHAEL BURKE
As the dollar falters and US power turns predatory, Britain and Europe must abandon transatlantic illusions and build a collectivist alternative before the system implodes, writes ALAN SIMPSON
NICK TROY lauds the young staff at a hotel chain and cinema giant who are ready to take on the bosses for their rights
In the conclusion of his two-part article, PETER MERTENS reveals that while global military spending hits $2.7 trillion with European arms company profits soaring 1,000%, €1 invested in hospitals creates 2.5 times more jobs than weapons



