“Capitalism is dead on its feet.” There is little to debate here. The question is, what should follow? Richard Murphy makes 12 suggestions. Richard Murphy is Professor of Practice in International Political Economy, City University […]
There is nothing wrong with a free market. There is when it has been corrupted by neo-liberalism resulting in monopolies and crony-capitalism. It then destroys the market, and that is where we currently are. Read […]
This piece is about one of the biggest taboos of our times: We are living in an inverse welfare state. The people getting the biggest handouts are not down around the bottom, but at the […]
Richard Murphy explains why inequality is detrimental to society, its quantitative and qualitative elements, and which are not acceptable to most of society. At the conclusion he offers some practical – some might say radical […]
The control of intangibles by a small number of mega companies could well be weakening the ability to find new ideas and develop them. Monopolies on intellectual property is not only damaging for the economy, […]
The Big Four tech giants control most of the world’s information flow, drug and food supply. Google and Facebook tried to manipulate the recent presidential election by prioritising, and sometimes burying content altogether. Throughout the […]
The British authroities said that last year the NHS spent £34m on its drug, liothyronine made by the drug company Concordia, up from about £600,000 in 2006.The amount the NHS paid per pack rose from […]
Norbert Häring has wirtten an excellent piece of how Germany avoids regulating monopolies. Although in other areas the German government is staunchly ordo-liberal, with regards to monopolies it has abaondoned these principles. Norbert Häring is […]
This article deals with the situation in the USA, but Facebook’s is just as ubiquitous and dominant in Europe. The newly formed Open Markets Institute is one of the most important organisations challenging monopolies and […]
“We at the Open Markets Institute recently called on the FTC to put a hold on all future mergers and acquisitions by Facebook – and potentially Google and Amazon…such a ban would help provide the […]
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