Capitalism
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Video: Who Owns What Where?
TRNN Producer Lynn Fries hosts an extended interview with Thomas Piketty about his widely acclaimed Capital in the Twenty-First Century. Continue reading
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Renationalisation of the rail services? Why not start with the NHS? By David Zigmond
Labour is flirting with the idea of renationalising the railways – but it should start by renationalising the NHS. Continue reading
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Britain’s richest 1% own as much as poorest 55% of population By Phillip Inman
Britain’s richest 1% have accumulated as much wealth as the poorest 55% of the population put together, according to the latest official analysis of who owns the nation’s £9.5tn of property, pensions and financial assets. In figures that also lay bare the extent of inequality across the north-south divide, the Office for National Statistics said… Continue reading
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Labour support collapses in the polls – socialist policies needed! By Daniel Morley
Some recent opinion polls have put the Tories ahead of Labour for the first time since 2012. Does this mean that the public has made an historic shift to the right, at a time when the right wing is presiding over possibly the biggest ever fall in living standards and rise in inequality? Is the… Continue reading
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Video: Thousands across Europe rally against EU policies
Thousands of activists took to the streets of Germany and Spain on Saturday to protest the EU’s policies as the union prepares for parliamentary elections at the end of May. Continue reading
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Can the Top 10% Prop Up the Whole Economy? By Charles Hugh Smith
Since the entire economy depends on consumption for its “growth,” and discretionary consumption is financed with either cash or debt, that leads to two questions: 1) who has cash to spend on non-essentials and 2) who is credit-worthy enough to borrow money for non-essentials? Continue reading
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Washington‘s Shale Boom Going Bust By William Engdahl
To read the headlines, it seems that the USA has emerged out of the blue to the point of becoming the world’s oil and gas production giant. All thanks to the Shale Revolution. Recently President Obama made various noises that the US could solve the Ukraine gas dependency on Russian gas because of the spectacular… Continue reading
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England’s mean unpleasant land By Michael Dickinson
Michael Dickinson was found guilty of ‘insulting the dignity’ of the Turkish Prime Minister with one of his collage caricatures. Imprisoned and deported from Istanbul, where he had lived since 1986 working as a teacher, the 64 year old artist, actor and writer arrived back in England homeless and broke, and is currently sleeping rough… Continue reading
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“Global Society Destruction” and The Ukraine Crisis: Decoding its Deep Structural Meaning By Prof. John McMurtry
The “Ukraine crisis” repeats a script as old as the Cold War. The narrative features rising attacks by corporate states and media on the traditional whipping boy of Russia. As usual, “escalating the crisis” is US-led. As usual, alarm about “increasing lawless aggression” is projection of US policy itself. In fact, one more US-directed violent… Continue reading
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Chinese Ministry Newspaper: GM Soybeans Harm Health of China’s 1.3 Billion People
The Chinese ‘Science & Technology Abstracts Newspaper’ under the leadership of China’s State Science & Technology Ministry has published a paper that may deeply damage the Biotech industry worldwide. Continue reading
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Enron 2.0: Wall Street Manipulates Energy Prices … and Every Other Market
The U.S. Federal Energy Regulatory Commission says that JP Morgan has massively manipulated energy markets in California and the Midwest, obtaining tens of millions of dollars in overpayments from grid operators between September 2010 and June 2011. Continue reading
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Big Banks Started Laundering Massive Sums of Drug Money In the 1980s … And Are Still Doing It Today
For More Than 30 Years, the Big Banks Have Been Key Players In the Drug Trade. It has become mainstream news that at least some of the big banks are laundering staggering sums of drug money. But you may not know the scope or history of the problem. Continue reading
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Selling Hydraulic Fracking: The Myth Of Energy Independence Used To Hoodwink The American People By Dylan Murphy and Jo Murphy
In the last year the corporate media has been full of triumphant articles declaring that America is on the way to becoming energy independent thanks to oil and gas fracking. The hyperbole goes further declaring that fracking will lead to America overtaking Saudia Arabia as the world’s biggest oil producer and so become an oil… Continue reading
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Video: The 1% and Piketty
So, Michael, this week we’re going to be talking about the very popular book by French economist Thomas Piketty. It’s a 700-page book that takes on the topic of income inequality. Why do you think so many people are talking about this book? What’s in it that has people buzzing? Statistics. It shows that wealth… Continue reading
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Osborne’s flagship employment scheme fails on launch date By Symon Hill
George Osborne’s headline policy at the last Conservative Party conference, known as “Community Work Placements” or “Help to Work” has launched today. However, the scheme is already in jeopardy, having failed to generate the voluntary sector participation it requires. Continue reading
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War, Economic Catastrophe and Environmental Degradation. Under the Guise of Progress and Development By Colin Todhunter
The type of urbanisation being pursued in India is not ‘natural’, however, nor does it represent ‘progress’. It has thus far been largely based on unconstitutional land takeovers, the trampling of democratic rights, increasing and unsustainable resource usage and air and water pollution. But for Chidambaram and other supporters of cronyism, cartels and the manipulation… Continue reading
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Will Labour defend the NHS from the EU/US trade deal? By Linda Kaucher
Andy Burnham and John Healey’s statments on the risks to the NHS of the trade deal between the EU and the US seem at odds. Labour should be speaking clearly for the NHS. There is increasingly informed public concern about the relationship between the NHS and the huge US/EU ‘free trade’ agreement, the Transatlantic Trade… Continue reading
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Video: TPP TV Blackout
A big controversy that isn’t news–but look what is… Barack Obama is traveling to several Asian countries this week, and high on the agenda is the Trans-Pacific Partnership (TPP), a secretive corporate-friendly commercial agreement that has mobilized critics around the globe. The deal is even running into stiff resistance in Congress. Continue reading
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Labour and UK Independence Party debate in Manchester By Julie Hyland and Paul Mitchell
Claims that the European Union (EU) represents a mechanism for overcoming the national antagonisms that twice in the twentieth century plunged the Europe into war are a fraud. Draconian austerity measures in country after country, coupled with its utilisation of the Western-backed putsch in Kiev to instigate war-mongering against Russia, prove that the EU is… Continue reading
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The right-wing nationalism of the United Kingdom Independence Party By Jordan Shilton
Over the last months there has been a concerted media campaign to promote the anti-immigrant and nationalist policies of UKIP as the expression of popular sentiment. Despite the party not having a single representative in parliament, UKIP leader Nigel Farage was given two prime television spots to supposedly debate the pros and cons of the… Continue reading
The New Dark Age 