Funding the Future

Neoliberal economics is a work of fiction

Neoliberalism has dominated economics and politics for 45 years, despite being based on nothing more than myths, falsehoods, and fantasies that should have discredited the cult promoting it long ago.

Who owns the world's national debt?

The world has national debt of more than $100 trillion - and the income from that goes to the world's wealthiest people more than anyone else.
 

People, politics and despair

Young people, most especially, are struggling to find reasons for hope in the world neoliberal politics has created, and who can blame them?

A political earthquake?

Labour's been knocked for six. The Tories face oblivion. And Reform are threatening politics as we know it. Did Thursday represent a political earthquake?
 

Stock markets are mad

Despite the madness of Trump, the continuing reality of tariffs and an unsurprising fall in US GDP, stock markets have recovered their losses. This makes no sense at all. What is happening?

Trump, Carney, Starmer and Farage

Carney and Starmer are technocrats - stuck in the middle without ever realising there are clowns to the right of them, and no jokers, or anything else, to their left. 
 

Is the Bank of England really independent?

Is the idea of central bank independence all a game of smoke and mirrors designed to funnel money in the direction of the City of London? It's a question that has to be asked. 

Has Trump done for the dollar?

Issuing the world's reserve currency gives a country the advantage of not having to, in effect, pay for many of its imports. Trump has never understood that. 

What is the economic news?

Who cares what shares are worth? What economic news do we need on the hour, every hour, on things that matter in life?
 
 

What sort of Pope do we need?

The world needs a liberal Pope. What happens in Rome over the next few weeks is part of the power play that is shaping the world we will live in.