The Milburn review presents itself as a plan to help young people into work, but Dr DYLAN MURPHY argues it is laying the groundwork for a harsher benefits regime
Latest editorial
Does Biden's global minimum corporation tax plan signal the end of neoliberalism?
PRABHAT PATNAIK looks into the US's revival of social democratic economics
Indian farmers burn an effigy of Indian Prime Minister Narendra Modi in protest against the new agricultural laws that will leave them at the mercy of big often foreign corporations
Campaigners from across the continent will gather in Brussels on June 14 to oppose Europe’s accelerating militarisation and cuts to public services, write MAGGIE SIMPSON and BOB ORAM of No Cold War Britain
National co-ordinator for General Strike 100, HENRY FOWLER, continues his nationwide tour of partner organisations by visiting the Modern Records Centre at Warwick University
GEOFF BOTTOMS recalls meeting Fidel Castro in the ’90s after joining a Pastors for Peace caravan to Cuba, and reflects on how international support is still vital to help the island withstand economic warfare
The Ivors Academy’s hike in entry fees could turn this respected peer-assessed event into an exclusive preserve for those wealthy enough to compete, warns BEN LUNN
Peter Murrell’s weakness for the allure of prestige goods is symptomatic of modern consumer culture, says MATT KERR
FOLLOWING its $1.9 trillion Covid relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion.
But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a massive redistributive programme, especially since the infrastructure package is proposed to be substantially financed through an increase in corporate tax rates.
Donald Trump had reduced corporate tax rates in the US from 35 per cent to 21 per cent, and Biden wants to raise the tax rate to 28 per cent, not immediately of course but over a period of time.
Similar stories
If the government really wanted to address public finances, improve living standards and begin economic recovery, it would increase its borrowing for investment, argues MICHAEL BURKE
Western nations’ increasingly aggressive stance is not prompted by any increase in security threats against these countries — rather, it is caused by a desire to bring about regime changes against governments that pose a threat to the hegemony of imperialism, writes PRABHAT PATNAIK
Following the resignation of Nepali Prime Minister KP Oli amid mass youth-driven protests, different narratives have circulated which simplify and misrepresent the complexities and reality on the ground in Nepal at the roots of this crisis, argue VIJAY PRASHAD and ATUL CHANDRA
Under current policy, welfare cuts are just a small downpayment on future austerity, argues MICHAEL BURKE