I am reading this, by Geoffrey Ingham and making some notes. At the moment, i.e. where I am in the book, he is examinimg why the British state is not acting as the executive committee of the [industrial] bourgoisie. As ever, here below or overleaf are my links and notes …
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At the launch of the Resolution Foundation’s report, “Ending Stagnation”, [Press Release], they had a bunch of speakers, including Sir Kier Starmer, Labour’s Leader, whose speech is posted at Labour List. It seems Hunt was also there. Here are some notes and links …
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OpenAI just did a boomerang firing of its CEO, Sam Altman. The press went mad as did the stock price. Their major investor and most of the staff demanded his reinstatement and got what they wanted but why? What did and does Altman bring to the company, he seems to be a venture capital manager,…
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In this article in the New Statesman, Walter Münchau looks at the macro-economics and industrial policy of Germany and predicts its failure and notes the effect of ‘leaving behind’ the old East in particular in its politics with the rise of the AfD. The article is subtitled, “The country is in economic and political crisis…
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I came across the video from the i linked to below and wondered how much the assertion that the UK has never had such a malign nexus, oh high inflation, high interest rates and high consumer debt. I was shocked at the Schroders report that the price to income ratio is now nine i.e. a…
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The stability and growth pact (SGP) is the EU’s public debt management rules and embedded in a separate treaty to the T[F]EU treaties. I have commented on these treaties elsewhere on this wiki. Elsewhere in several articles, on the blog, I criticise the SGP on my blog, including here, here, and here. My main criticism…
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Should we campaign to rejoin the Euro? In my blog article, Say no to extrawürst, I look at Niall Ò Conghaile’s arguments on EU re-entry terms and dovetail them with my realisation that the UK’s previous unique deal and its opt-outs are gone. I have felt there is room for a deal on the Euro…
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What’s going on with Labour’s policy making? We are waiting for an NPF meeting, but that doesn’t seem to inhibit the front bench? This is a note on Reeves, her rules and macroeconomics.
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I was thinking about UK defence policy and considering the role of the domestic economy. I was doing this in the light of the GMB’s internal debates on defence manufacturing. These charts are dated 2017 and I believe that Italy and France have both overtaken the UK since then and the measurement in USD will…
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I was sent this, an essay/review of Marini’s “Dialectics of Dependency” by Andy Higgenbottom. I find it a tough read and one that requires a solid understanding of Capital, the Labour Theory of Value and surplus value, which I don’t have. Frankly this needs a reread, but I highlighted these, see below, notes for my…
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The Govt have issued a consultation on how to implement a Central Bank Digital Currency. I say, that it seems to make as much difference to what we do today as a fart in a hurricane. Have I got it wrong? Consumers, that’s you and me will still pay using a card or a phone…
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It’s conference time for the GMB, and prompted by some members I looked at the state of policy development on low pay and the living wage. The GMB Policy is stated in its policy guide albeit dated 2021. I look at Labour’s “A new deal for working people” and note that the GMB’s minimum wage…
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The Office of Budget Responsibility (OBR) was founded by George Osborne as part of his shredding of George Brown’s reputation. He wanted and independence badge to put on the economic forecasts on which fiscal policy was based. He accused Brown of making it up. Anyway now we have the OBR, here are my notes and…
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Twitter has been bought by Elon Musk. What do we do now? Here are some notes …
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I was looking up some stats on the Port of London, the UK’s biggest port beating Grimsby & Hull, but only just. This was to help me write some stuff on the FTCA and London. Here are my links and notes …
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