The UK Labour Party in the late 20th century was shaped by two historical events in British economic history. The 1970s and the Death of Bretton Woods in particular saw the discrediting of Keynesianism as a practical methodology of governing… Read More ›
Great Britain
Aspects of full employment: the politics and the economics
Most people associate Keynesian economics with the man himself. Although there are a number of schools of thought which have evolved, and departed, from John Maynard Keynes’ original ideas, such as the New Keynesians, and the more radical but much… Read More ›
John Stuart Mill: Philosophical Missing Link to Neoliberalism’s Modes of Production?
In The Work-Standard (3rd Ed.) and to some extent The Third Place (1st Ed.) and Work-Standard Accounting Practices (1st Ed.), I described how the Values and Prices of everyday goods and services are evaluated under Neoliberalism. The significance of providing… Read More ›
The letters they won’t publish – why anyone living in Scotland WOULD “want to cut from England and rejoin the EU
By Alasdair Galloway On Thursday of last week, the Herald published this from well-known Better Together supporter and long-time Labour party member, Peter Russell Begins AMANDA Brown (Letters, September 27) asks for one single reason why anyone living in Scotland… Read More ›
‘Scotland’s successful Economic failure or ‘Never allow others to manage your Economy
‘Scotland’s successful Economic failure’ or ‘Never allow others to manage your Economy’ by Neil Tye (July/August 2023). Neil has contributed before to Yours for Scotland. He is a member of Salvo and is based in the Highlands and Islands. The… Read More ›
Recent economic analysis would make the UK Labour Market worse rather than better
Today is UK Labour Market day and there is a tendency to over analyse them I think. Let me give you an example from earlier this year. This was a major report from the Resolution Foundation from February. Economic inactivity… Read More ›
Economic History Case Studies: The Pre-Decimal UK Currency System
The Death of Bretton Woods, among other things, contributed to Great Britain’s adoption of Decimalization for its Pound Sterling (GBP). Today, the British rely on Decimalization like most of the Western world. It works the same in the US Dollar… Read More ›
Observations of East Germany in “Ostalgie”
Yesterday, I was replaying Ostalgie: The Berlin Wall after learning that the developer, Kremlingames, had added new endings for East Germany and Yugoslavia. This comes in the midst of an ongoing effort to complete the latest DLC for the next… Read More ›
“There was no Alternative?”
It remains perplexing to know that certain Liberal Capitalist Factions have been maintaining an unhealthy obsession with treating the Market as some quantitative, mechanistic and automated contraption. Removing Parliament from the Market means ensuring that this machine will generate more… Read More ›
History Repeats Itself, First as a Tragedy, Second as a Farce — Sanyoukta Shukla
The statement “History repeats itself, first as tragedy, second as farce” by Marx holds significant relevance in the Indian context. India’s history is intricate and diverse, with a repetition of various cycles of events over time. Communal riots have been… Read More ›
The Fourth Estate 
You must be logged in to post a comment.