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.
Economics
Richard Murphy – The Great Barrington Declaration has Nothing to do with Epidemiology and a Great Deal to do with Far Right Economics
Do not forget that many of the original Neo-Liberals were Nazi-sympathisers and most were overt racists. The Nazi’s first victims were the disabled, which they saw as an economic drag on society. Yes, there are […]
Climate Crisis
LabourNet TV – Kohei Saito: Climate Crisis and Ecosocialism
Watch HERE “We need to really challenge global capitalism as a world system.” (from the video) Renowned Marxist theorist and author of the best-selling book ‘Capital in the Anthropocene’, Kohei Saito discusses the three responses […]
Economics
Ha-Joon Chang – The Language of Power
University of Cambridge economist Ha-Joon Chang explains why ordinary people can and should learn about economics, and not leave the field to experts speaking in tongues.
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