As the economy shows signs of growth, the bosses are determined to take the lion’s share George Osborne boasts that Britain’s economy is “turning a corner” and that “those in favour of a Plan B have lost the argument”. This bragging seems to be based on little beyond the latest Gross Domestic Product figures, […]

  WITH A SECOND economic crisis looming on Europe’s horizons, there has been a turn in the public consciousness towards the economic theories of John Maynard Keynes, famous for promoting growth as a solution to the Great Depression of the 1930s. Groups as varied as the TUC, the Peoples Charter, the Communist Party of Britain, and Counterfire […]

THE UK is facing a double dip recession, the first since 1975, according to recent economic data, writes Simon Hardy

No matter what they try, nothing seems to work… The world leaders have gathered at the G20, and European leaders are having regular summits, but the economy is just getting worse. Peter Main explains why

CAPITALISM IS staring into the abyss of a new recession.  The recent bail-outs of banks and countries assumed that the major economies would revive in the near future. They have not. Stagnation in the world’s two biggest economic areas, the US and the EU, with inflation rising in many countries, is throwing the stock markets into turbulence, […]

The world economy has so far failed to emerge from the crisis with any degree of health, Richard Brenner looks at the problems at the heart of the global system