The biggest barrier to the rational economic policies of Jeremy Corbyn, the socialist leader of the British labour Party, is the huge profits the super-rich are making from irrational ones.
The Bank of England has shelled out £375 billion in “quantitative easing” since the 2008 crash. It has, quite literally, created electronic money out of nowhere and used it to buy up financial assets held by the banks. The idea has been to pump “liquidity” — lendable money — into the economy.
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The biggest barrier to the rational economic policies of Jeremy Corbyn, the socialist leader of the British labour Party, is the huge profits the super-rich are making from irrational ones.
The Bank of England has shelled out £375 billion in “quantitative easing” since the 2008 crash. It has, quite literally, created electronic money out of nowhere and used it to buy up financial assets held by the banks. The idea has been to pump “liquidity” — lendable money — into the economy.
In a stunning rebuff to the party establishment, delegates to the federal convention of the Canada’s social democratic New Democratic Party, meeting in Edmonton, Alberta April 8-10, voted to reject Thomas Mulcair as their leader. They voted to begin reorienting the party to become a leader in Canada’s climate justice movement.
Palestine has sent 19 rescuers to Ecuador in the aftermath of the South American country's devastating earthquake — which is 19 more than the US, who have sent none at all, TeleSUR English said on April 21.
Ecuadorean President Rafael Correa has praised the efforts of rescuers, health teams and security forces that have significantly helped the lives of the people affected by the April 9 7.8-magnitude earthquake.
Palestine has sent 19 rescuers to Ecuador in the aftermath of the South American country's devastating earthquake — which is 19 more than the US, who have sent none at all, TeleSUR English said on April 21.
A Facebook page that rated the appearance of students at Melbourne University has been taken down, four days after the launch of a petition calling for its removal.
The 'Hotties of Melbourne Uni' page had been active on Facebook for years. It featured photos of Melbourne University students posted without their consent.
Law student Laura Blandthorn launched a change.org petition claiming that: "The Hotties of Melbourne University" Facebook page perpetuates rape culture, sexism and disrespect." The petition received more than 23,000 signatures.
Less than 1% of rental properties are affordable for low-income families in Sydney and the Illawarra, according to a new report launched on April 21 by Anglicare Sydney.
The electioneering has begun. In a campaign set to be dominated by economic issues, the Coalition and Labor are locking horns over who can best manage our finances, protect jobs and make housing more affordable. The Greens predictably decry the major parties, including their cavalier climate change policies.
Hundreds marched down the main street of Katherine in the Northern Territory on April 20 to call for the protection of water, country and culture from fracking gasfields.
From Alice Springs to Arnhem Land, pastoralists, Traditional Owners, kids, community, musicians and whip crackers turned out to have their say.
In response to a recent vote in the lower house of Brazil’s parliament in favour of impeaching Workers’ Party (PT) President Dilma Rousseff, Brazil’s two main coalitions of social movements issued the statement below on April 17.
Rousseff is under attack over a series of corruption scandals, but the forces allied against her — the political, media and corporate elite — have themselves been implicated in corruption. Many in Brazil, including left opponents of Rousseff’s government, see the impeachment as an institutional coup by the right wing.
Left-wing supporters of Scottish independence in the 2014 referendum campaign.
Is There A Scottish Road to Socialism?
Edited by Gregor Gall
Scottish Left Review Press
Third edition, 2016
£5.99, 164 pages
This is the third edition in a series previously published in 2007 and 2013. A range of left-wing activists and commentators debate the question of whether Scottish independence would help or hinder the prospects for socialism in Scotland.
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