Labour’s economic alternative to the budget should centre on a National Investment Bank

15th February 2016 Socialist Action 0

The following article, by Michael Burke and John Ross, on Labour’s economic policy, was previously published by Socialist Economic Bulletin.


Introduction

Labour is now carrying out extremely effective campaigning against Tory policies – on tax credits, on the sweetheart Google taxation deal, in support of the junior doctors and pinning the responsibility for the crisis in the NHS squarely on the Tories. This excellent work needs to continue and be strengthened.

Alternative Autumn Statements: continued Tory failure versus Corbynomics

1st December 2015 Socialist Action 0

There is a concerted effort in the Tory press and beyond to prettify the latest Autumn Statement from George Osborne. There have even been ridiculous claims that it represented ‘An end to austerity’. At the same time the Tories have attempted to seize the political initiative by immediately switching the political agenda to bombing Syria.

The article below, by Michael Burke, demolishes the myth that austerity is over. In fact there is a renewed austerity offensive. The article first appeared on Socialist Economic Bulletin here.

Hester’s bonus and Goodwin’s knighthood – hue and cry conceals the real scandal

1st February 2012 Socialist Action 0

By Jane West

While it is welcome that Stephen Hester, CEO of the publicly-owned Royal Bank of Scotland (RBS) has been forced to forego his grotesquely inflated bonus – and that his predecessor Fred ‘the Shred’ Goodwin has been stripped of his knighthood – the truth is the whole furore has been used to divert attention from the most central issue and real scandal relating to the banks.

Photo: bobaliciouslondon

Tories attack the right to protest

19th December 2010 Socialist Action 0

By Andrew Williams

The Tory-led government has already responded to the emergence of a significant wave of resistance to the start of its assault on public services with threats to the right to protest. In response to the wave of student protests it has raised the potential of using water cannon against demonstrations and called for even tougher police tactics. It has justified this by claiming it is a majority of the protesters that are violent, and therefore all protesters must be treated as presenting a threat to breach the peace. Such claims also de-legitimise protest and deter participation in future demonstrations through fear of violence from the police.