The EU Cannot and Will Not Save May

In the last week or so, middle class journalists and pundits have been promoting the idea that the EU will come to the rescue of Theresa May, and her Chequers proposals. The hook upon which they hang this hope is statements by EU negotiator Michel Barnier, and by…

Tracking The Crisis of 2008 — Introduction

INTRODUCTION

It is the tenth anniversary of the collapse of Lehman Brothers. In this series of posts, I set out how, from the start of this blog, in 2007, I tracked the conditions that were leading up to the financial…

Tracking The Crisis of 2008 — Fictitious Capital Eats Real Capital — Part 1

Paul Mason’s Postcapitalism — A Detailed Critique — Chapter 9(3)

Abundant Scarcity

Paul then continues his Malthusian vision of the immediate future, by discussing the projections of a growing global population, and the effects of that population…

Paul Mason’s Postcapitalism — A Detailed Critique — Chapter 8(6)

Free Stuff

Paul gives a graph of per capita GDP over the last 2000 years, for the world. The point being made is that, from around 1950, the lines for the developed economies go almost…

EU Calls Bluff Of May and the Brextremists

The EU, at its meeting in Salzburg, has called the bluff of Theresa May and the Brextremists. May has tried to bluff the EU into agreeing to her proposals on the basis of threatening them with a No Deal Brexit. She has suffered under the delusion that, at…

Tracking The Crisis of 2008 — Boom and Bust

BOOM AND BUST

Chris Williamson For Leader?

The more I see of the leadership of Corbyn and McDonnell, the more I am coming to the conclusion that they are just not up to the job. They lack the necessary backbone. If they can’t stand up to the Labour Right, and the pressure from the Tory media, now, they will never stand…