NICK TROY lauds the young staff at a hotel chain and cinema giant who are ready to take on the bosses for their rights
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Rebuild Britain: for socially responsible public finance
Reviewing a new pamphlet, FAWZI IBRAHIM asserts the need for public expenditure in which private finance is strictly regulated and constrained, allowing the Bank of England to fund government expenditure without the risk of inflation
The Bank of England
DYLAN MURPHY reports that far from helping people back into work, the sanctions regime is inflicting unnecessary trauma on working-class families
As Saudi Arabia is hailed abroad for its ‘reforms,’ the reality for women inside the kingdom grows ever more repressive. On the International Day for the Elimination of Violence Against Women, MARYAM ALDOSSARI argues it is time to stop applauding the illusion – and start listening to the women the state works hardest to silence
With Petro, Colombia has been making huge strides towards peace — but is all that at risk with the elections next year? MARK ROWE reports back after joining a delegation to the Latin American country
With violence against women and girls reaching unprecedented levels – particularly in the north of England – Unison North West is driving a union-wide push for education, prevention and trauma-informed support, writes JOANNE MOORCROFT
Amid national economic decay and with a lack of coherent left-wing responses, far-right narratives on women’s safety and immigration have taken root in former Labour heartlands. The WOMEN’S LIBERATION ALLIANCE warns that only a renewed politics rooted in an understanding of class, race and sex can stem the rise of authoritarianism
HOW a government funds its expenditure is a question that all countries face. It is not confined to capitalist economies. It applies to Cuba as well as to Britain and the US.
Government expenditure invariably exceeds its income whether by design as a result of investment decisions, or due to natural disasters or war. Governments with a sovereign currency (and Britain is such a country, unlike those who are inside the EU) can simply print money to fund expenditure. However, that will lead to inflationary pressures on prices, at least in the short term, as general demand for resources increases.
Traditionally, governments have borrowed money from the private financial market through the issuance of bonds. Money is thus taken away from private finance into the hands of the government to spend.
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