The Tories introduced the 50% strike ballot threshold to make industrial action harder. MATT WRACK argues that a Labour government has no justification for leaving it on the statute book
“FAIRY gold” in kids’ fables is magic money — a fortune that soon crumbles to be revealed as leaves, dust or worthless rubbish. More colloquially, it is precarious or illusory wealth that may vanish as swiftly as it is acquired. That was certainly the case with some speculators following the global banking crisis of 2007–2008.
The real victims, of course, were ordinary working-class families who lost their savings, their homes, their jobs and, sometimes, their lives as a consequence.
The crisis wasn’t some kind of aberration. Marx pointed out that while crises are endemic to capitalism, those involving what he called “fictitious capital,” a subset of financial capital, were central.
The social base of the old Tory Party has disappeared as surely as that of Labour, argues ANDREW MURRAY – today’s right are the debased offspring of a capitalism that speculates without investing and profits without producing
PHILIP ENGLISH says military spending will not create the jobs young people need — instead, build an economy based around needs, not profit
In Part 4 of her look at the Chinese revolution JENNY CLEGG addresses the relationship between the Peasant Movement and the National Movement
Paul MacGee of Manifesto Press invites you to a special launch on Saturday August 2.


