The economic system has evolved over centuries to satisfy vested interests which derive their power from it and exercise their will through it. If the value of land and resources was to be shared for the common good, as natural law intended, homelessness would evaporate. The foundations of inequality, conflict and environmental waste were laid[...]Read more →
Archive for ‘Economics’
From John Lennon’s Working Class Hero
Sent: Tuesday, 3 December 2013, 11:56
Subject: Fucking peasants?
How much can Amazon’s weary pickers afford to improve their pay and conditions before their bosses find it cheaper and easier to automate the process lock, stock and barrel? (Remember grab on the arcade slot machine, programmed NOT[...]
The article below has been contributed by Corinna of the Real Democracy Working Group and she also writes for A World to Win.
A property-owning oligarchy has London in its grip
London is being transformed into a glass skyscraper for the super-rich and global property speculators while many of the things which have made Europe’s[...]
How the Hedge “Vulture” Funds can Seize Control of the Co-op Bank
by Sean Boyle
The recapitalisation plan gives the “vultures” 45% of equity and the option to buy another 25% of equity for £125 million. Exercising this free generous option would give the “vultures” 45% + 25% = 70% ownership of the Co-op Banking[...]
Intellectual property provisions in TPP (which is a good indicator of what will be in TTIP)
TPP leaked IP chapter summary (13 Nov 2013)
Prepared by MS
Note: This is a summary of the IP chapter made available by Wikileaks. TPP (or ‘Trans-Pacific Partnership’ is not the same as TTIP which is between[...]Read more →
Bank of England Resolution to Stop Vultures Asset Stripping
by Sean Boyle of the Economics Working Group
Co-op Bank Policy Proposal
Previously both the Co-op Group board and Co-op Banking board are to be congratulated for their ethical and responsible action in ensuring that the Co-op’s leading brand insurance and asset management businesses were only[...]
I have been asked to speak again to my paper on Debt ‘Savage Money’ this Friday.
I’m very happy to discuss the issues raised in more detail. Will you please read the paper and come with questions and answers so that we can answer the problems posed by the paper together. None of[...]
Housing Petition to No 10 Downing Street.
A Community Housing Policy Fit for Purpose
Housing is the third most fundamental of human needs after water and food and it is therefore a matter of grave concern in a supposedly civilised democracy that there has been nothing resembling a responsible policy on this front for more[...]
Somali Pirates “Rescue” Oil Tanker
by Sean Boyle
Describing the Co-op Bank “recapitalisation” plan as a “rescue” is like saying Somali pirates have “rescued” an oil tanker from the Persian Gulf.
In many ways the UK’s Co-op Bank is neither fish nor fowl: not mutual yet owned by the mutually owned Co-op Group; the Co-op[...]