In a wide-ranging interview, JEREMY CORBYN talks to Ben Chacko about the difficulties the new Prime Minister faces and why he sees no future in Labour
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Just how does Facebook make its profit?
Despite its tiny staff, the company has enormous wealth. This has as much to do with data-scraping its users as it has to do with another concept Marx detailed: religion
A sharp rise in public-sector investment is required to kick-start the economy, argues MICHAEL BURKE
Burnham’s billions for defence while councils and local services struggle will not deliver the change that Britain’s working-class communities need, says MICAELA TRACEY-RAMOS
Millions of elms were wiped out by Dutch elm disease in the 20th century, transforming the landscape forever – yet pockets of hope are keeping this beloved tree alive. MARK SEDDON explains
CARLOS MARTINEZ looks at the facts behind US persecution of Fergie Chambers
While Italy’s communist tradition remains fragmented and politically marginal, France’s party is attempting to re-establish itself as an independent force rooted in working-class organisation, says NICK WRIGHT
ONE of the consequences of the Covid-19 pandemic has been a huge increase in social-media use. Facebook alone has seen an increase in total messaging of over 50 per cent in countries most affected by the virus, and use of WhatsApp, owned by Facebook, has grown by 40 per cent.
Facebook isn’t a big employer. It has just under 45,000 employees in total — up from just seven individuals when it was launched 15 years ago. But its profits are vast — about $22 billion (£17bn) last year.
And that’s despite its $5bn (£3.8bn) fine for allowing Cambridge Analytica, consultants to President Trump’s electoral campaign, to harvest the data of its users.
That’s about £½ million profit per employee (PPE).
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