The growing divide since the 1980s is about the fortunes of large cities compared to smaller units. But the economic theory behind that dynamic can also be used to help those left behind.
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Economics
Ann Pettifor: Why the Federal Reserve is as much to blame for Turkey’s economic crisis as Donald Trump
It is necessary to point to the Fed’s actions to understand tremors in world markets, but central bankers should never have been held solely responsible for the restoration of macroeconomic stability Read here
Austerity
Owen Jones: Carillion is no one-off scandal. Neoliberalism will bring many more
Carillion was a British mulitnational facilities, services, and construction company, which primarily lived from the outsourcing of UK government contracts until is went dramatically went bust earlier this year with massive losses of public money, […]
EU politics
Aditya Chakrabortty: The problem is not capitalism. It’s that the Tories aren’t much cop at it
From The Guardian This is a brilliant criticism of Thatcherite policy – its collapse and how and why it has failed. Read here
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