Despite the adoring support from Elon Musk and Donald Trump, Javier Milei’s radical-right free-market nightmare is unravelling, and the people are beginning to score major victories against the government in the streets and in elections, reports BEN HAYES
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Behind the Budget smoke and mirrors, there is only more austerity
Comparing Budget measures to fictional Tory plans rather than actual spending levels conceals continued austerity, argues DIANE ABBOTT MP, as workers face stealth tax increases to bear the cost of economic stagnation
(L to R) Rachel Reeves with the ministerial red box; Songi cartoon after Edvard Munch's The Scream
PAUL ATKIN argues that we must avoid being tied to the millstone of US energy policy — a death sentence paid for by big oil — and embrace co-operation with the world’s green leader for a renewable, sustainable future
The move against alleged PKK members that sparked outrage as a community centre in north London was raided last year has now come to trial, writes TONY BURKE, but in the meantime, the peace process abroad has changed the situation almost entirely
NICK WRIGHT reports from Italy, where 80 cities saw Gaza strikes as unions paralysed transport and massive crowds clashed with police in Milan — but France is also kicking off, and Westminster, in a very different way, is facing a crisis of legitimacy too
The modern railway network turns 200 this month and is currently one of the greenest forms of transport. But unless focus shifts from profits to people, Britain won’t benefit from it, argue ROX MIDDLETON, LIAM SHAW and MIRIAM GAUNTLETT
ZHANG HE highlights pressure coming from the global South for a more multilateral approach to global governance and a more equitable world order
BUDGETS are accompanied by a blizzard of documentation designed to illuminate the detail of the big fiscal events. But the real effect can be to obscure what the real thrust of policy is and what its impact is.
The confusion surrounding the October 2024 Budget is even greater than usual. Essentially, what is being discussed as a huge tax-and-spend Budget is in reality, a Budget which not only extends austerity but actually deepens it.
First, let us highlight some of the things that have happened (or not) that give the lie to the idea that this is a big tax-and-spend Budget. One striking development is that the IMF has welcomed the Budget. The IMF has never supported what might be called “Keynesian” increases in taxes and public spending; it is an institution gripped by neoliberalism. But it specifically welcomes the central aim to “reduce the deficit by raising revenues.” As we shall see, the burden of that deficit reduction will be taxes on ordinary people.
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