The Grandparents of Brexit

It is by far the most emotive and divisive issue of a generation: Brexit has split families, ended relationships, derailed political careers and divided a country. But was the outcome of the EU referendum on the 23rd of June 2016 a rash, knee jerk decision, or had anti-EU feeling been building for many years? If Brexit was a long time in the making, we ask: Who were the real grandparents of Brexit?

Why capitalism is safer in Corbyn’s hands

You know there’s something deeply wrong with the state of the global economy when American venture capitalist, Nick Hanauer, reaches consensus with Jeremy Corbyn, that if capitalism doesn’t change fundamentally, it will destroy itself. 

Havana: city of dreams underpinned by harsh socioeconomic realities

Havana is a city of dreamers and dreams; of myths and fantasies, where “anything is possible”. But it is also a city that cannot escape a present guided by the dark forces of its past. In essence, Havana is a contradiction that represents the antithesis of the kind of nightmares imposed on it by its superpower adversary 90 miles away.

Socialism for the rich

The principal objective of the UK tax system, in which the poor pay a higher proportion of tax than the rich, is not to improve the collective well-being of society, but to funnel cash – largely through tax cuts – to the corporate elite. This isn’t free-market capitalism in the formal sense, but socialism for the rich – a form of state capitalism – no different in principle to the old statist economies of the former Soviet Union.

Serfs inside the machine: Why tech is unlikely to destroy capitalism

Former Greek finance minister, Yanis Varoufakis, claims capitalism is making itself obsolete thanks to the technologies it has produced. He argues that because companies like Google and Facebook are powered by social production, the private means of production are becoming obsolete. He says that Artificial Intelligence will be capitalism’s downfall.  If wishing made it so…