Truss, Kwarteng and economics

By Martin Thomas The Truss-Kwarteng policy is not Thatcherism, but Reaganomics. Thatcher and Reagan, early 1980s leaders of what came to smother the world under the name “neoliberalism”, had much in common; but also differences. Orthodox Thatcherites are shocked by Truss and Kwarteng. The chief difference is this: Thatcher was a budget-balancer. She avoided government … Continue reading Truss, Kwarteng and economics

Italian post-fascists in power

The old demons of the interwar period are back in Europe! By Yorgos Mitralias Above: Meloni hails a Mussolini “Days of 1922? Not yet, but Italy is on track to “celebrate” in four years the centenary of the rise of Mussolini and his fascist movement to power with a regime that will resemble it- almost … Continue reading Italian post-fascists in power

The Truss/Kwarteng mini-budget, and how much of the left (including Shiraz) got it wrong

Much of the 'mainstream' and leftist response to the mini-budget was in fact greasing the skids for a future austerity program supposedly dictated by revenue shortfalls. By Barry Finger The initial response of Shiraz (here) to the Truss/Kwarteng mini-budget, while well intentioned, nevertheless traffics in the pervasive economic clichés that saturate the mainstream, including the … Continue reading The Truss/Kwarteng mini-budget, and how much of the left (including Shiraz) got it wrong

A spectre is haunting Europe

Giorgia Meloni | Tiziana Fabi/AFP via Getty Images By Eric Lee (slightly adapted and updated by JD). A spectre is haunting Europe — the spectre of fascism. We caught a glimpse of that spectre in Sweden earlier this month and we are now seeing more of it in Italy. It is not just that right-wing … Continue reading A spectre is haunting Europe

The Kwarteng / Truss budget: class war based upon economic illiteracy

Above: LBC's James O'Brien brilliantly dissects the budget (sorry, "fiscal event"). Even the soft-left Guardian calls the Kwarteng/Truss budget "a form of class warfare": The wealthy will win big in this form of class warfare. Why is it inflationary, as ministers claim, to allow pay rises for ordinary workers but not to boost the incomes … Continue reading The Kwarteng / Truss budget: class war based upon economic illiteracy

The humanity and decency of Hilary Mantel

From the Guardian 4 Sept 2021: Hilary Mantel: I am ashamed to live in nation that elected this government Double Booker prize winner tells La Repubblica she may take Irish citizenship to feel European again Hilary Mantel also said in a wide-ranging interview given to an Italian publication that Boris Johnson should not be in … Continue reading The humanity and decency of Hilary Mantel

Russia’s anarcho-communist rail saboteurs

Ruleta Proom reports their activities and views (this piece also appears in the current issue of Solidarity and on the Workers Liberty website): “Izium was liberated today.” These victorious words from the city’s mayor, Valeriy Marchenko, made headlines around the world on Saturday, Sept. 10. Almost 200 days into Russia’s war on Ukraine, this news … Continue reading Russia’s anarcho-communist rail saboteurs

Iranian mass protests at ‘hijab’ killing of Mahsa Amini

Mass demonstrations and other forms of protest have erupted in Iran after Mahsa Amini, a 22-year-old woman from Iran’s Kurdish minority, died last Friday in the custody of the country’s morality police. This brutal force, which enforces the Islamic Republic's strict dress code, had detained her for allegedly breaching the code three days earlier. After her arrest, the authorities claimed that … Continue reading Iranian mass protests at ‘hijab’ killing of Mahsa Amini

Why socialists should understand the Trump crisis

By John Reimann, who blogs at Oakland Socialist: We must start to draw a link between the confusions – in fact the abandonment of principle – of many socialists regarding Ukraine and their equally great confusions about the crisis swirling around the latest Donald Trump scandals. We must start to draw that link because what … Continue reading Why socialists should understand the Trump crisis

Defend Femi against Dempsey’s legal threat

https://twitter.com/i/status/1569389180861530114 The campaigner and commentator Femi Oluwole is being threatened with legal action by RMT bureaucrat Eddie Dempsey. This business goes back to comments made by Dempsey at a “Full Brexit” rally on 25 March 2019. The "Full Brexit" outfit is (was?) a front for the 'Spiked' organisation plus 'Blue Labour'. Dempsey said that “people that … Continue reading Defend Femi against Dempsey’s legal threat