Andy Burnham’s growing stature has fuelled hopes of a Labour revival – but ALAN SIMPSON warns that Britain’s crisis runs far deeper than just its leadership and traces its roots to decades of financialised capitalism
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What is ‘financialisation’?
Financial capital used to take a back seat to manufacturing. Today the rich get rich by selling credit and debt, says the MARX MEMORIAL LIBRARY
A trader at the New York Stock Exchange
Editor BEN CHACKO looks at the invaluable contribution the paper makes, and the headwinds it has to struggle against to get by, following the Morning Star’s 80th AGM this month
Recent violence in Belfast was not spontaneous — it was built on years of failure and political neglect, argues STIOFAN O NUALLAIN
The nationalisation move to Great British Railways (GBR) must be about more than just changing the livery, writes MARYAM ESLAMDOUST
Activists will urge MPs to protect the five-year settlement route and cut visa costs, warning reforms risk deepening inequality and labour shortages, says HARSEV BAINS
ANSELM ELDERGILL examines the issues of liberty, safety and risk in relation to people receiving psychiatric treatment
FINANCIALISATION is the process whereby global financial institutions increasingly dominate our planet — the economy, society, the environment and our daily lives.
Financialisation is a shift in the composition of capital and in the way that capitalists accumulate wealth.
Following Britain’s industrial revolution in the late 18th century the principal source of profit — and the driver of capitalism — became the mass production and sale of goods — physical commodities.
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