The London Vampire Strikes Again

Ah-ooooo vampire of London, ah-oooooo... What better time to discuss the Northern PowerHouse project now that parliament has entered summer recess and nothing can be done except to fume and fulminate? So what is the NP? The government says "Building a Northern Powerhouse is about boosting the local economy by investing in skills, innovation, transport … Continue reading The London Vampire Strikes Again

Baking Serfdom Into The System Or…

As they say, follow the money. The alternative title to this article could be why this blog is called Progressive Momentum or ProMo for short, see what I did there, pretty snazzy eh? Or not as the case may be, I digress. Today I'd like to look at how perfectly good ideas can be used … Continue reading Baking Serfdom Into The System Or…

Universal Basic Income Vs Basic Income

Crikey, that's such a good tagline I'd like it for my blog. The go to man for all things on Universal Basic Income (UBI) is Scott Santens, who has decided to see what life is like if all his immediate needs are taken care of by a self funded Basic Income. Scott defines Basic Income … Continue reading Universal Basic Income Vs Basic Income

Why I Support The Job Guarantee

Does exactly what it says on the tin. So what is the Job Guarantee? I believe the phrase was invented by the Modern Monetary Theory (MMT) economist Bill Mitchell. he reasoned that if the state could support a buffer stock of unemployment, as happens now, the state could also provide a buffer stock of employment. … Continue reading Why I Support The Job Guarantee

How Neo-Liberalism Made The World Richer: Not

Huzzah for Neo-Liberalism, the poor have manna from heaven, rejoice! Oh no who's rattled my cage this time? A Twitterer that's who and this specifically. Aaron Friel‏ @AaronFriel Replying to @AlisonB916 @Noahpinion Tell me again how the neolibs have ruined everything over the last 40 years. The Tweet is where I got the chart above from and … Continue reading How Neo-Liberalism Made The World Richer: Not

BBC: Scrap The License, Keep The Bias

Yup, looks about right to me. The BBC is, contrary popularly held belief, staffed by human beings with a past and opinions of their own. These opinions will be shaped by their upbringing and experiences which, in some cases, can be remarkably similar. The journalists will almost certainly be degree educated around 5% of those … Continue reading BBC: Scrap The License, Keep The Bias

Neo-Liberalism: What Has It done For Us?

Sounds fine to me, does it do what it says on the tin? I think this is a question that isn't asked often enough, maybe there is an alternative to Social Democracy, after all that's the strapline to my blog. I don't see there is any problem in exploring the question to see where it … Continue reading Neo-Liberalism: What Has It done For Us?

This Isn’t Neo-Liberalism,It’s Gangsterism Pt 1

This Recipe Looks Familiar. All the original thought in this article is by Simon Duffy, my comments are in green. This post is reproduced with permission and my thoughts are in no way to be taken with Simon's own, although I hope he likes them. Also thanks to Thomas Clark at AnotherAngryVoice. Economics emerged as … Continue reading This Isn’t Neo-Liberalism,It’s Gangsterism Pt 1