In Part 1, I introduced the discussion about the use of industry policies in the Keynesian period after World War 2. Most nations adopted a mixed planning-market based system for allocating productive resources and the state was always central in setting out planning parameters, direct ownership and employment, and regulation. It was a system that researchers described as being “highly successful”.
In Norway opposition Labor Party withdraws support for oil exploration off Lofoten islands in Norway’s Arctic, creating solid majority in parliament to keep area off limits for oil. How long that will hold is anyone´s […]
Germany’s commitment to austerity and its refusal to support fundamental reform of the euro is recklessly complacent. Read here
Common Space – Scotland: ‘This is not a fight about party politics’: Women’s equal pay strike rocks Glasgow
WOMEN council workers across Glasgow today began a two-day strike over a pay dispute with Glasgow City Council stretching back 12 years. Read here