Developing a sound analysis of the causes of the financial crisis, and of solutions to the crisis is essential to attracting widespread public support for a transformation of the economy.
On the first day of 2016 trading the FTSE 500 index nosedived. This surprised perennially optimistic business commentators, but will not surprise those who read the EREP review of the UK economy in 2015. Read part two here.
Thus, the ultra-flexible UK labour market (“with employers in the driving seat”, in the government’s own charming words) – to be enhanced by the repressive new Trade Union Act – has had the effect of causing productivity to fall. Read part one here.
Today, UK's Chancellor George Osborne set out the Conservative Government’s fiscal plans for the current Parliament and beyond. First reactions to the Chancellor’s speech from four members of the network Economists for Rational Economic Policies (EREP). Normal 0 false false false EN-US JA X-NONE
“He needs to take into greater account the impact of technology on both increased exploitation of labour and the dominance of the finance sector.” Review of Paul Mason’s ‘PostCapitalism: A Guide to Our Future’ (Allen Lane, 2015)
Outlandish proposals granting huge powers to control the money supply to a committee of men would above all ensure things stay just as they are. Positive Money are wrong to call for the abolition of credit creation.
In this exclusive extract from Just Money: How Society Can Break the Despotic Power of Finance Ann Pettifor describes how orthodox economics and finance have promoted a profoundly inadequate account of money. Change is necessary and possible. But it will come only through a revolution in the gener
To mark the publication of Ann Pettifor's e-book, Just Money: How Society Can Break the Despotic Power of Finance, OurKingdom are running a series of articles that explore the nature of money and the politics of the financial system. Here Pettifor launches the series and introduces some of its key