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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What should we do about money?
One of the biggest challenges in post-Brexit, post-Covid Britain will be to confront the domination of Britain’s economy by the City of London and by international finance capital, says the MARX MEMORIAL LIBRARY
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
“My friends, I am not a communist” (Boris Johnson, 30 June 2020).
OUR last two answers argued that within capitalism money is much more than merely a facilitator of exchange.
Today, most money exists in digital form as credit and debt, created by central and private banks, disembodied from any physical manifestation, protected by the state and central to financialised capitalism where profits are increasingly disconnected from production of goods and services.
An understanding of the nature and function of money is a challenge to the government’s “good housekeeping” rhetoric and to Tina (“there is no alternative”) austerity.
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