16 February 2021
Is world history going into reverse? The great historian Fernand Braudel argued that the modern capitalist world economy always has had a city at its centre, starting in the later Middle Ages with Venice.
01 February 2021
Fat cats lost out after Reddit users bought up shares in a failing firm, but gambling on the stock market offers nothing to ordinary people, say Isabel Ringrose and Simon Basketter
26 January 2021
Unemployment figures on Tuesday showed the continuing jobs slaughter.
19 January 2021
The most bizarre single feature of capitalism is probably the stock market. It seems to have the ability to defy mere economic reality.
05 January 2021
For many of us—especially those lucky enough not to have caught Covid-19—the past year has been as if our lives have been put on hold.
17 December 2020
It found bosses at top companies earn on average 100 times that of their lowest-paid workers.
10 December 2020
Instead of attacking working class people and key services, vast amounts of money could be raised by taxing the rich.
01 December 2020
The Covid-19 pandemic has caused an enormous jolt to the world economy. We are in the midst of the biggest global slump since the Great Depression of the 1930s.
16 November 2020
Not content with hiding away on private islands, the super-rich are now buying exclusive services to rescue them from pandemics, protests and climate catastrophes.
05 November 2020
Tory chancellor Rishi Sunak has announced that the furlough scheme will be extended across Britain until the end of March.
24 October 2020
Protesters have taken to the streets over the decision to deny children free school meals and to end the furlough scheme
13 October 2020
Greensill Capital has recently provided tens of millions of pounds of British government-guaranteed loans to two companies that employ just 11 people.
05 October 2020
The political disarray the pandemic is causing in Britain and the United States has made the European Union (EU) look good by comparison.
05 October 2020
Isabel Ringrose looks at Donald Trump’s four years in the White House, and examines the way in which his every move has been met with a fight from below
29 September 2020
Capitalism keeps a tiny minority of people rich off the back of work that is done by the vast majority of people.
26 September 2020
Labour MPs, trade unionists, campaigners and socialists have joined forces to call for a “fightback across workplaces and communities to demand ordinary people won’t pay for the crisis”.
19 September 2020
With the future of the government’s furlough scheme in doubt, and with hundreds of firms axing jobs, a wave of fear is spreading
14 September 2020
Unemployment will be the worst “in at least a generation” by the autumn as Tories and bosses try to make workers pay for the coronavirus crisis.
01 September 2020
As millions of people fear for their jobs, bankers and bosses celebrated a bonanza on the stock market.
25 August 2020
Consultants McKinsey was paid more than half a million pounds by the British government for “six weeks of work” to decide the “vision, purpose and narrative” of a new public health authority in England.