The classic question in economics is: If capitalists pay their workers too little, who is going to buy the capitalists’ products. Here is the answer. The same workers, who have to borrow from the banks, […]
Book review by David Shirreff This is a passionate, well-argued plea for a European Britain, written by two avowedly socialist Remainers. They will not accept the standard disqualifier: that the EU is a collection of […]
On Tuesday Jeremy Corbyn gave a speech announcing plans to change the way the British government spends if he is to be elected: the government would prioritise British producers. Here is Bill Mitchell´s take on […]
Rather than chastising pro-Leave citizens for “voting against their interests”, the UK’s political class should mend a broken system. Read here
‘Value for money’ for public contracts is a colossal failure. Labour’s leader is right: the state should support manufacturing Read here
A short, but good piece on how small government ideology is dressed up to look erudite, but in the end is simply neo-liberal trope. Richard Murphy is Professor of Practice in International Political Economy, City […]
Grace Blakeley joins Politics Theory Others to discuss the neoliberal financialisation of the UK and world economies, the coming reckoning with the UK’s current account deficit, and how we can wrest control away from the […]
Is this madness or simply the ultimate indivdualistic solution to a communal problem? Read here
Between 1985 and 2018, the global average statutory corporate tax rate fell by more than half. This column uses new macroeconomic data to argue that profit shifting is a key driver of this decline. Close […]
Few people saw the Global Financial Crisis coming. Steve Keen was one of them. He is a ferocious critic of the neoclassical school of economics, which continues to dictate thinking within governments, universities and the […]
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