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
Reviving the real economy
DOUG NICHOLLS argues that the real economy is reviving as the sleeping giant of politics is waking up
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
THE key economic indicators that trade unionists used to consider closely were the balance of trade deficit, the value of the pound, manufacturing production output, research and development (R&D) investment and unemployment levels.
Together these reflected the political health of the country to the extent that production was primary and that capital, until 1979 legally restricted in its movements, was being reinvested to regenerate the wealth-creating base.
As the country got further and further embroiled into the EU machine, with its free movement of capital, privatisation and neoliberal economics, the shift from the real economy of industrial production to the virtual reality of financial speculation also led to a shift away from discussing the most revealing economic indicators.
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