Trump’s escalation against Venezuela is about more than oil, it is about regaining control over the ‘natural’ zone of influence of the United States at a moment where its hegemony is slipping, argues VIJAY PRASHAD
Growth is not good: the great GDP myth
It’s not some question of being realistic yet effective over being compassionate but economically incompetent: there is absolutely no material basis to continue to measure societies by their GDP, explains BERT SCHOUWENBURG
Evidence suggests Lammy’s proposals would come at a high cost: reduced fairness, diminished trust and greater racial inequality in the criminal justice system, argue TARA LAI QUINLAN and KATHARINA KARCHER
From the workhouses of the 1840s to today’s market capitalism, A Christmas Carol remains a sharp critique of charity rationed by class, says KEITH FLETT
The argument for a “significant expansion” of nuclear power will deliver soaring electricity prices that condemn underserved communities to unending hardship and poverty, argues LINDA PENTZ GUNTER
The new plan sets out an uncompromising bid for global dominance, casting even allies as obstacles to be subdued, writes DIANE ABBOTT
As we approach the half-anniversary of the Grenfell tragedy, the community gathers to remember loved ones while grappling with mixed emotions surrounding the ongoing deconstruction of the tower and the hopeful plans for a memorial, writes EMMA DENT COAD
SINCE the second world war, the number one priority for politicians and their economic advisers is the pursuit of growth, which is typically measured by gross domestic product (GDP), a composite index using consumer spending, private investment and government spending to arrive at a figure representing a country’s economic output.
In today’s media and academic circles, economic growth is widely acknowledged as being an unquestioned and essential good, the absence of which leads to recession, which is regarded as being an undesirable economic state.
Indeed, it is one of the few areas where Labour leader Keir Starmer has not committed a U-turn by frequently saying that he and shadow chancellor Rachel Reeves will make economic growth their principal policy aim once elected.
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Under current policy, welfare cuts are just a small downpayment on future austerity, argues MICHAEL BURKE
MARTIN GRAHAM recommends a book that makes a critique of neoclassical economics and attempts to envision a sustainable global future
Experts warn not to overplay the risk of wage growth to inflation
