There is an obvious way to tackle this inequality. It is called an investment income surcharge. We had one in the UK for more than 20 years, but Margaret Thatcher got rid of it. It is time that we had one again, creating an additional 15% tax charge on income from wealth of more than £10,000 a year.
Climate Crisis
Richard Murphy – Covid’s existential question is do we want to survive?
A comprehensive set of questions and arguments concerning our future and the society we wish to live in. Richard Murphy is a Visiting Professor of Practice in International Political Economy, City University of London. He […]
Geopolitics
Jeffrey Sachs, Glenn Diesen – A Trump Revolution?
4 January 2025 This interview was made before Trump’s public support of ethnic cleansing in Gaza by the United States Trump’s actions in the international system are defined by the aims to remake US foreign […]
Economics
Wolfgang Streeck – Contradictions of Capitalism: Past and Present
The wellbeing of a capitalist society depends on the endless accumulation of privately owned capital. This requires a replacement of input-minimising by output-maximising rationality. One result is a fiscal crisis of the state, due to […]
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