Posts in Economics
The left's common sense on neoliberalism is a lightning rod for anti-semites

The left’s common sense on neoliberalism is fundamentally flawed, and this has had profound implications for its ability to offer a compelling political vision. Worse, it has made the Labour Party in particular into a lightning-rod for conspiratorial thinking, often anti-Semitic in nature. To really rid itself of such limitations, the left must develop a genuine understanding of capitalism’s historic evolution.

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Not a penny off the pay, not a minute on the day: Notes on the TUC's new jobs report

The TUC’s new jobs report marks the first time that the august trade union body has indicated willingness to accommodate, rather than resist, some of the new political ideas put on the agenda by automation and the changes that work has been subject to since the end of the Second World War.

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Capital against growth: revisiting Piketty, ten years after the crash

Ten years on from the financial crash of 2008, Piketty's capital stands as the most comprehensive picture ever drawn of contemporary inequality. Its fame is closely linked with the post-crash political landscape in which it was published. But if Piketty's work is to have any lasting significance, it needs to do more than prompt us to reflect on inequality. With the start of the second post-crash decade, we need to recognise that Piketty leads us to fundamental conclusions about the long-term viability of capitalist production.

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