Financial crisis has been with us since 2007. Not much is changing. Have the established forms of capitalism failed? Chris Smith urges us to think about the economy from a progressive perspective.
Global capitalism continues to lurch from one crisis to the next, just as any good Marxist account of reality tells you it is destined to do. The US, the world’s largest economy and lynchpin of global capitalism is having its credit rating downgraded for the first time in its history. Whether this downgrade by one ratings agency turns out to be as universally damaging to the workings of Continue reading
The situation in Syria grows worse as the government massacres its own people during Ramadan. Why is Britain not intervening in Syria’s Arab Spring Revolution when she keenly humiliates herself in Libya? James Garry reports.
I oppose all wars that are not in the national interest and condemn them as a waste of life. The wars that Britain has fought in the last fifteen years – Kosovo, Sierra Leone, Iraq, Afghanistan, Libya – leave me perplexed. They are all liberal-interventionist wars. Wars waged by a nation Continue reading
We are going to save the planet. We are just not sure how. That would seem to be the message from our political followers.
There is one minor flaw in this argument – especially when one looks at their track record on achieving anything – they will not save the planet. Remember how the NHS has been saved? Just look at our education system – the best in the world. No doubt there. A transport network that would make Roman road-builders jealous. Our railways whoop the French TGV – and our replacement bus service is the best in the world. International terrorism is now a long forgotten blemish, whilst the Middle East is the edenic paradise of Biblical times. Only last week Lansley cured cancer. Having made the world a better place, our brave boys in Whitehall are now going to save it. Thank God for that. Continue reading