Tag Archives: Capitalism

System failure: power, profit, and tax avoidance

In the previous two posts we’ve seen May’s bold vision to lead a government that pro-actively intervenes in the economy to prioritise the interests of working class people and tackle inequality. This post looks at some specific areas where the economic system is failing and what plans Theresa May has to improve things.

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Economic reform: government steps up, not back

With a focus on inequality, this post looks at the UK economy in the recent past, the current state of affairs, and the general direction we may be heading in under Theresa May.

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An ideology that undervalues the common good

In a recent speech Barack Obama talked about “an ideology that undervalues the common good.” He is referring to an ideology that came to prominence in the UK and the US and has underpinned politics and economics in Britain and America for the past 35 years. Its concepts have become mainstream ideas and it is now the dominant economic theory taught in universities. This post is a brief outline of the development and impact of the ideology, followed by some examples of its renewed influence in Britain in recent years.

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