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Michael Hudson: The End of Western Civilization – Why It Lacks Resilience, and What Will Take Its Place
The greatest challenge facing societies has always been how to conduct trade and credit without letting merchants and creditors make money by exploiting their customers and debtors. All antiquity recognized that the drive to acquire money is addictive and indeed tends to be exploitative and hence socially injurious. The moral values of most societies opposed… Continue reading
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Finally, Whose Land Is It?
It is not that the earth is ours and that it belongs to us. It is that we all belong to the earth. From it we live, with its fruits we feed ourselves, from its lakes and rivers comes the water we need, with its wood and stones we build our houses, even the most… Continue reading
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Rent debt and evictions info & solidarity meeting
Are you in debt to your landlord? Are you worried about eviction? Have you faced housing issues during the pandemic? Continue reading
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Tell the government to end the rent debt crisis
In the past three months, more than half a million private renters have got behind on their rent. Housing benefit doesn’t cover sky high rents, and many of us aren’t even entitled to support. Continue reading
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Get Active Training // Can’t Pay Won’t Pay campaign update
We’ve just launched a new video for our Can’t Pay Won’t Pay campaign. Check it out and share it on Facebook, Twitter and Instagram. Continue reading
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June 27 – #CantPayWontPay Day of Action
The government has announced a 2 month extension of the eviction ban – the first victory of the Can’t Pay Won’t Pay campaign. Research by the Resolution Foundation showed that hundreds of thousands of renters across London are in debt to their landlord. Unless the government cancels rent debt and makes the eviction ban permanent, renters will… Continue reading
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UK: 3 weeks to protect renters from eviction
In just three weeks, the Government’s eviction ban comes to an end. We need your help to prevent renters losing their homes in a public health crisis. Continue reading
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London Renters Union: Join our phone banking this weekend
We’re campaigning to pressure the government to suspend rent, waive rent debt and make the ban on evictions permanent. If you haven’t already, please sign our petition. More than 100 people came to our online members meeting on Tuesday to discuss ways we can escalate our campaign, including by withholding our rent. Thank you to everyone who filled… Continue reading
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Protect renters during coronavirus!
Rent payments should be suspended for all renters. Emergency laws should be introduced so that no one is evicted from their home during the Coronavirus pandemic or in the aftermath. The 216,000 empty homes in the UK should be used to provide housing to people who need it. Continue reading
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Rebel Renter #3
Welcome to issue 3 of Rebel Renter, a newsletter chock full of updates about all of the organising we’re doing together in the London Renters Union. Continue reading
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Eviction Brixton: creating housing insecurity in London By Hannah Schling
On Monday 15th July, 75 people were evicted from Rushcroft Road, a long-term community of squats and former short-life housing co-ops in central Brixton. The eviction represents a major step by Lambeth Council towards the further gentrification of the area. Determined to realise the (high) financial value of the Rushcroft Road properties, Lambeth Council has… Continue reading
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China – Avoid the West’s Debt Overhead: A Land Tax is needed to hold down Housing Prices By Michael Hudson
How can China avoid the “Western financial disease” – a real estate bubble followed by defaults and foreclosures? The U.S. and European economies originally sought to avoid this fate by taxing the location’s site value. A rent tax was the focus of Progressive Era reforms. Continue reading
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Mrs. Thatcher’s Mean Legacy By Michael Hudson and Jeffrey Sommers
We typically honor the convention to refrain from to speak ill of the recently departed. But Margaret Thatcher probably would not object to an epitaph focusing on how her political legacy was to achieve her professed aim of “irreversibly” dismantling Britain’s public sector. Continue reading