World economy: Fundamentaly unsound
Over the last week, billions of pounds have been wiped off share values worldwide as stock markets plunged.
Over the last week, billions of pounds have been wiped off share values worldwide as stock markets plunged.
Financial bubbles and the overaccumulation of capital
Can poor loans system end poverty and hunger?
Capitalism creates grotesque inequalities
Capitalism’s ruthless struggle for oil and gas
Was this merely a timely ‘correction’ of speculative bubbles or a preliminary tremor marking the onset of a deeper crisis?
The world economy today is hooked on fossil fuels: oil, gas and coal.
One measure of the surge in speculative activity is the sharp rise in foreign exchange (FX) dealing. In September 2004 the Bank for International Settlements (BIS) published its sixth triennial survey of foreign exchange and […]
Seventy-three percent of those who were asked in a national opinion poll were in favour of increasing the top rate of income tax on incomes of greater than £100,000 from 40p in the pound to […]
The price of oil has surged during 2004, after a period of relatively low prices.
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