Capital mobility has sucked money out of the global South and into financial vortexes such as Wall Street and the City of London.
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Corruption
Nick Shaxson – The finance curse: how the outsized power of the City of London makes Britain poorer
The financial sector is hailed as the crowning glory of the UK economy. But as it blooms, everything else withers. This is true wherever the financial sector becomes dominant in the economy, similar to what […]
Austerity
Jonathan Portes: Austerity really has hit poor people hardest – the figures prove it
Still another study proving that austerity hits the poorest the hardest in the UK – and everywhere else for that matter. How many more such studies do we need before something changes. Under the Tories […]
Climate Crisis
Bella Caledonia: Scotland’s Degrowth Commission
This is something that should be occuring everywhere in the industrialised nations. Read here
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