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Latest Articles [35]

It took a UN envoy to hear how austerity is destroying lives
Philip Alston’s inquiry into poverty in the UK has heard a shocking truth that British politicians refuse to acknowledge.
It’s now clear: austerity is bad for your health
Cuts to preventive healthcare have been devastating – especially for the poorest. It feels like the Tories are waging class war.
Universal credit is designed to blame the poor for their poverty
At my vicarage door, I am seeing the terrible impact of these changes to the benefits system. It is nothing short of gross malevolence on the part of the Tories.
Now it’s official: the less you have, the more austerity will take from you
The government’s own figures have proved what has been obvious since 2010: minorities, women and disabled people are the ones being hit the hardest.
Young people are borrowing to cover basic living costs, warns City watchdog
FCA boss raises alarm over growing debt burden of young people in UK as number of insolvent 18- to 34-year-olds jumps by a third .
Don’t let the rich get even richer on the assets we all share
It’s time for communities to seize back control of resources upon which their prosperity depends.
UK’s economic model is broken, says Archbishop of Canterbury
Instead of fixating on a fight between capitalism and socialism, imagine innovating a future economy that transcends old binaries.
Universal credit is in 'total disarray', says Labour
Party joins charities in calling for roll-out to be paused as claimants run up rent arrears and incur debts while waiting for payments.
Universal credit has caused untold hardship. But the worst is yet to come
The Conservatives’ flagship welfare reform programme is a deeply flawed and damaging scheme. And now it’s about to vastly extend its reach
Austerity policies do more harm than good, IMF study concludes
Economists give strong critique of neoliberal doctrine ushered in by Ronald Reagan and Margaret Thatcher in the 1980s
‘Eating v heating: this is what destitution looks like’
Claire Matthews started Hope for Food after a friend couldn’t afford to keep her children warm. It is now a safety net for Bournemouth’s poorest families
Property rents rise at twice speed of average earnings
Monthly cost of renting a home increased on average by £10 in June to £747, which is a year-on-year increase of 1.4%
One hundred years of Tory attacks on the poor and protection of the moneyed elite
"...a chancellor who fully appreciates the importance of looking after the interests of the nation’s wealth elites. After all, he is the future 18th baronet of Ballentaylor.
Nobel Prize Economists Say Free Market Competition Rewards Deception and Manipulation
What markets and government do for us
Austerity was a political choice. Now it’s starting to look like a bad one
Tax credit cuts, the latest extension of Osborne’s policy, have for the first time provoked outspoken criticism of the chancellor from the right as well as the left.
Almost A Third Of Londoners Are Living In Poverty And 'Majority' Of Those In Working Families, Report Finds
Of those living in poverty in London, according to the fifth edition of London's Poverty Profile, 1.2 million are in a working family, a figure which has increased 70% in the last decade.
To us, it's an obscure shift of tax law. To the City, it's the heist of the century
In David Cameron we have a leader whose job is to quietly legitimise a semi-criminal, money-laundering economy.
Robert Reich: 'Austerity is a terrible mistake'
President Clinton's former labour adviser is angry at the human and economic cost of austerity policies in the US and UK.
Real People Talk About How Tory Tax Credit Cuts Will Affect Them
People have spoken out on the effect Tory cuts to tax credits will have on them and their families, as a new Labour campaign is launched to stop them.
The world economy as we know it is about to be turned on its head
The demographic 'sweet spot' is vanishing. We are on the cusp of a complete reversal, spelling the end of corporate hegemony
Austerity is being used as a cover-story for class war against the poor, Yanis Varoufakis says
Economics professor points to tax cuts for the wealthy and service cuts for others
This trade union bill will undermine our fundamental human right to protest
Britain does not have a strike problem – so why the need for new legislation? The government should be working constructively with unions to raise productivity.
The City’s stranglehold makes Britain look like an oh-so-civilised mafia state.
Dodgy donations, misselling, trading scandals, tax evasion: wherever you sniff, something stinks.
Zero-Hours Contracts Up By 120,000 In Just 12 Months, New Figures Reveal
Britain’s zero hours workforce increased by almost 20 per cent in the last year, according to figures released today.
What is TTIP and why should we be angry about it?
The Transatlantic Trade and Investment Partnership may sound boring, but it could affect everything from your income to the food you eat and the state of the NHS. Here is a beginners’ guide to the controversial trade deal
WikiLeaks launches €100,000 crowd funding for hyper-secret ‪#‎TTIP‬ to be leaked.
Benefit sanctions ruin lives. No wonder the DWP turned to fiction
In the real world claimants have been driven to theft and suicide, making the Department for Work and Pension’s invention of the grateful ‘Zac’ and ‘Sarah’ particularly grotesque
Capitalism Has Devolved Into Looting
Ayn Rand is a pariah among those who believe that government is our benefactor. There are times and conditions when government can be a benefactor of the people. But not in the Western world at the present time. As Michael Hudson and I agree, Western central banks refuse to create money to finance economy recovery. Money is created only for the benefit of the oligarchs’ banks in order that the oligarchs can continue to control the governments.
Corporate welfare: a £93bn handshake
Taxpayers are handing businesses £93bn a year – a transfer of more than £3,500 from each household in the UK.
The real benefit cheats are the employers who are milking the system
When the taxpayer is taking on so much of the cost of in-work benefit, and the employee getting so much of the blame, there’s really only sheer nerve and hypocrisy left to be admired
Low-pay Britain, where working families have to rent a fridge
‘Deprivation poverty’ – not being able afford to buy things most would regard as essential - is on the rise: and more than half of those affected have jobs.
Lucy Glennon: what her life tells us about the real effects of cuts for disabled people
Take Two 'Normal' People, Add Money To Just One Of Them, And Watch What Happens Next
Why aren't the British middle-classes staging a revolution?
Unbridled capitalism is the 'dung of the devil', says Pope Francis
Amartya Sen: The economic consequences of austerity
The Three Biggest Right-Wing Lies About Poverty


George Osborne says the richest are now paying a greater share of tax than they used to.. And a greater share of state support is going to the most vulnerable, he says. (8/7/15)
Is this true?


Ideas/Solutions (9)

Rutger Bregman: 'Our secret superpower is our ability to cooperate'
The historian offers a hopeful view of human nature in his latest book, Humankind. It couldn’t have come at a better time.
Amsterdam to embrace 'doughnut' model to mend post-coronavirus economy
Dutch officials and British economist to use guide to help city thrive in balance with planet.
Pay the Homeless
It’s time to end the pernicious myth that giving money directly to panhandlers won’t help them..
Clean energy won’t save us – only a new economic system can
It’s time to pour our creative energies into imagining a new global economy. Infinite growth is a dangerous illusion.
Don’t Be Scared About The End Of Capitalism—Be Excited To Build What Comes Next. Instead of fixating on a fight between capitalism and socialism, imagine innovating a future economy that transcends old binaries.

‘World’s Poorest President’ Explains Why We Should Kick Rich People Out Of Politics
“We invented this thing called representative democracy, where we say the majority is who decides,” Mujica said in the interview. “So it seems to me that we [heads of state] should live like the majority and not like the minority.”
German and UK co-ops to co-create ethical online marketplace
A German co-op is putting its weight behind what will be the UK’s first co-operatively owned online marketplace.
Here are 9 reasons Denmark’s socialist economy leaves the US in the dust
Thanks to Vermont Senator Bernie Sanders’ proud identification as a Democratic Socialist and allusion to Denmark as an ideal social democracy, Denmark is being discussed throughout the news media. But what few outlets are brave enough to report is that, by almost every measurable standard, Danish socialism runs circles around American capitalism.
What is a Freeshop?
Give-away shops, freeshops, or free stores are second-hand stores that are starting to appear in Northern European towns and cities, especially in the Netherlands and Germany. They are similar to charity shops, only everything is available free at no cost.
A Company Copes With Backlash Against the Raise That Roared
Dan Price, 31, announced he was setting a New minimum salary of $70,000 at his Seattle credit card processing firm, and slashing his own million-dollar pay package to do it.
The Rise of New Economic Cultures
“What I refer to is about the observation of one of my latest studies on people who have decided not to wait for the revolution – to start living differently – meaning the expansion of what I call in a technical term ‘non-capitalist practices’.
There is no reason to accept austerity. It can be defeated
The Tories don’t have a mandate for what they’re set to unleash. Opposition has to go beyond parliament
The idiot's guide to money [video]
Banks, advertising, the lottery and every other way you're losing money all the time.




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