Capitalism, cheap labour and the role of trade unions | @guardianletters
I wish I could share Aditya Chakrabortty's optimism that a stronger underclass will be necessary for capitalism to thrive in the future (Unions need more rights: capitalism depends on it, 8 July)....
View ArticleThe tide is turning against the scam that is privatisation | Seumas Milne
The international revival of public ownership is anathema to our City-led elite. But it's vital to genuine economic recoveryPrivatisation isn't working. We were promised a shareholding democracy,...
View ArticleLord Myners to review IPOs following Royal Mail sale controversy
City grandee will consider lessons from the £3.3bn privatisation, as MPs prepare to publish report critical of Vince CableThe government has bowed to mounting political pressure and announced a review...
View ArticleThe self-employed are like canaries in a mine: yet Osborne and Carney ignore...
Bu omitting the earnings of one in seven workers from jobs data, our economic policymakers are operating in the darkWhether you view the self-employed as the silent victims of our invidious jobs market...
View ArticleUK house price inflation to outstrip pay rises 'for years to come'
OBR says only 'historically unprecedented' housebuilding activity can prevent loan-to-income ratios rising year after yearSoaring house prices are likely to outstrip pay rises for at least the next...
View ArticleRoyal Mail sale underpriced by £1bn, says scathing select committee report
MPs from all three main parties agree that government pushed through privatisation at expense of getting a good dealTaxpayers lost out on £1bn because the government and its City advisers underpriced...
View ArticleWhy the Royal Mail sell-off proved a right royal rip-off
Ministerial fear of failure, poor financial advice but above all gross government naivety ensured the taxpayer lost billionsMinisters' fear of failure and poor advice from City advisers were two...
View ArticleDoes Gandhi really belong in Parliament Square? | Priyamvada Gopal
We shouldn't allow a statue of the 'father of Indian democracy in front of the mother of parliaments' to entrench historical amnesiaMahatma Gandhi's words have long provided grist for instant...
View ArticleThe Guardian view on how Royal Mail was sold on the cheap | Editorial
Thanks to a government that remains beholden to City advice, a cheque that should have been written out to the taxpayer disappeared in the postA committee of MPs has run its ruler over the numbers and...
View ArticleLand Registry privatisation vetoed by Vince Cable
The service employs 4,500 civil servants and made a surplus of £98.8m in 2012-13Plans to privatise the Land Registry have been abandoned by the government after business secretary Vince Cable vetoed...
View ArticleLabour calls for regular checks on child poverty
As figures show an extra 300,000 children living in households that cannot afford to keep their house warm, Labour accuses Osborne of ignoring the issueBritain's independent spending watchdog should...
View ArticleRelative equality is good for growth? Right you are, governor
Mark Carney and the pope earn praise for discussing social justice. But it is 'anti-business' when Labour does the sameA friend of mind spotted Mark Carney and family in the cheap seats for Wolf Hall...
View ArticleWhisper it softly: it's OK to like Germany | Stewart Wood
Many Britons will be cheering for Germany in the World Cup final because we admire their football. But there is much more we can learn from them tooSomething strange is stirring in Britain this...
View ArticleHow capital captured politics | Slavoj iek
WikiLeaks has shown us that western democracies are now ruled by market forces that debase the very notion of freedomIn May, an international trade agreement was signed that effectively serves as a...
View ArticleLand Registry privatisation plans abandoned by ministers
Business secretary Vince Cable vetoes plans following disagreements between Lib Dems and ToriesPlans to privatise the Land Registry have officially been abandoned, it was confirmed on Monday following...
View ArticleLive chat, 7 July: democracy in Indonesia - what does the future hold?
What does south-east Asia's largest economy need to do to maintain growth and stability? Join us at 1pm BST to discussAfter both candidates declared themselves winners of Indonesia's historic election...
View ArticleWhat Labour's proposing is big reform, not big spending | Jon Cruddas and...
The New Deal for England will be the biggest giveaway of power in 100 years: our regions will deliver the change we needWith just 10 months to go until the election, it is clear that our country needs...
View ArticleTory rightwinger Priti Patel promoted to Treasury
Pro-death penalty MP for Witham with tough stance on crime and immigration made exchequer secretary for tax policyConservative MP Priti Patel, a rightwinger and former PR executive who has endorsed the...
View ArticleFlickonomics: eight movies that teach us how money works
From The Full Monty to The Matrix, films have a lot to say on economics. Mary Poppins teaches us that banking is about confidence, and Some Like it Hot lays bare the trouble with capitalismCo-written...
View ArticleUnemployment figures - what the economists say
The fact employment is rising quickly but wages are still lagging behind inflation is puzzling many economistsContinue reading...
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