Latest editorial
The Bank of England in the City of London
SEEING today’s headlines on economic growth figures in the ruling-class and state media, you would think that Britain had just entered a period of economic boom, unprecedented for decades.
But as working people can plainly see from their daily lives, that couldn’t be further from the truth.
The just perceptible 0.6 per cent rise in GDP might be enough for Tory spin doctors to harp about exiting recession in the run-up to the general election, but it means nothing for working people who continue to be ground down by stagnant wages and the spiralling cost of living.
PHILIP ENGLISH says military spending will not create the jobs young people need — instead, build an economy based around needs, not profit
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
Our economic system is broken – and unless we break with the government’s obsession with short-termist private profit, things are destined to get worse, warns Mercedes Villalba
