always claims they are protecting the downtrodden by monitoring the powerful,
though nowadays through standards often written by the lobbyists of the
powerful, which has a remarkable resemblance to catering to their almost every
people who brought us the banking crashes of 2007-2008 that became the credit
crunch 2008-2009 and the economic wreckage we’ve lived in since are having
another go. The very credit arrangements that brought us so much grief are
fragile state is expected to reach a single Millenium Development Goal. The post-2015 agenda
must recognise that conflict is a barrier to development and set explicit
peacebuilding targets to tackle this.
The disadvantaged position of labour is often seen as going hand in hand with the rise in foreign direct investment (FDI). But this situation, attributable to a 'race to the bottom' initiated by states, is anchored in the misleading notion that transnational capital inevitably embraces cheap labour.
Forget “Home, Sweet Home”. The British government’s bedroom tax humbles families in social housing, depriving them of the dignity to call their home their own, forcing many of them to move and driving some into homelessness.
French parliamentarians –
left or right, including the Socialist Speaker of the House – stick tooth and
nail to their perks. The opposition is crying out against what they call being
taken back to the times of Robespierre's “Terror” under the French Revolution.
different is Greece? The beginning of wisdom about the current Greek crisis is
to recognize that it is fundamentally political, and that it has been long in
the making. Greece’s failure is the outcome of a long process during which
populism prevailed over liberalism and became hegemonic in society.
year, Marine Le Pen came third in the French presidential elections, following
a campaign seeking to de-demonise the party and make it more attractive to a
broader electorate. While it is arguable whether her strategy was entirely
successful, the changes made may well have long-term consequences.
simple truth unpalatable to Eurozone authorities is that small peripheral EU economies
and even big economies like Spain and Italy, are victims, not designers of the
liberalised financial architecture that was built way back in 1992, repeating earlier
twentieth century failed experiments that led to financial
crisis, immiseration and war.
The justification for the
‘rescue’ plan for Cyprus appears reasonable: taxpayers should not have to pay
for the costly mistakes of bankers and ‘tax havens’ should be eliminated. But the
‘bail-in’ plan does not achieve these objectives.
From PM Monti's technocracy to President Napolitano's ten 'wise men', Italy is turning to technical expertise to rescue it from political lethargy. But the rise (and fall) of Italy's technocrats only hides the chronic frictions between the country's political class and its educated –
and forgotten – youth.
In this speech given at the PSA conference in Cardiff, the author examines the history and theory of bank money - credit - from a democratic perspective. How did this strange fraud come to be established under law?
What does the gender gap in attitudes towards independence tell us about Scottish women, their political attitudes and changing roles in society? This piece looks back to Gerry Hassan's article 'Mind the Gap' and gives a very different verdict.
How would a Yes or No vote in the referendum affect the everyday lives of Scots? The question of the Scottish constitution goes far beyond the
domain of institutional relations. Crucial to this is the shape
and nature of the welfare state envisioned. This is the second piece in the debate series 'Restating Scotland'.
Scotland is resisting the attack on British welfare, but blocking policy can only do so much. Scotland needs an examination and restatement of its distinct civil society and institutions. This is the first piece in the ‘Restating Scotland’ debate series.
Across Britain a variety of people and alliances are seeking to respond to Westminster's strategy of economic austerity and political stasis, and calls are made for both a constitutional convention and a People's Assembly. Can they unite economic protest with change to the political system itself?
Harsh measures imposed
on Cypriot political and financial authorities to address bank failures reveal,
once again, that the entire architecture of the EU is in tatters. The
geopolitics surrounding the Greek Cypriot crisis is pulling the EU further
apart and into the unknown.
Many of us have resigned ourselves to domination in the workplace. This is an outrage. 'Meaningful work' is not only an achievable goal for all, a socialised mutual economy is beginning to emerge that may be one step towards this ideal.
Stuart Weir responds to news that the UK is now second only to America as an outsourcing market. The UK's "new enclosure movement" is fast transforming the British state into one marked by foodbanks and 'toll booths'.