Why Sunak and Biden are not Keynes, Corbyn or McDonnell

25th March 2021 shoreditchadmin2 0

Austerity measures are integral to the current economic policies of the US and UK. They amount to an all-round attack on wages and the social wage while there is a temporary boost to demand. That is why it is extremely foolish and misleading to compare them to the policies of Corbyn, McDonnell or Keynes.

The invisible economic policy

21st February 2021 shoreditchadmin2 0

Keir Starmer’s speech on A New Chapter for Britain was heralded as a breakthrough moment where he would simultaneously set out his vision for the economy and society while beginning to outline a wholly different economic policy.
If that was its purpose, it failed miserably in every respect.