Spectre of Brexit poses threat to British economy in the years to come

In Nine Crises, William Keegan examines a series of turning points , starting with the devaluation crisis of 1967 and ending   with post Brexit turmoil fifty years later. This book explains how key participants viewed each crisis as it unfolded and what they hoped to achieve.   The British economic policy and its policymakers have…

How to avoid the prospect of undermining the foundations of prosperity

What measures will governments and people take in response to such tectonic economic and cultural shift and how to avoid the prospect of undermining the very foundations of prosperity? The US President’ strongest supporters live in the declining states. The UK’s Brexit backers are mostly from struggling regions, as in rich countries the divide that…

The privatisation of public land in neoliberalism Britain

  With the arrival of Margaret Thatcher in Downing Street in 1979 a major privatisation drive began not only selling industrial holdings, transport infrastructure, the telephone system but also the land and public buildings erected on it. Land makes a major chunk of national wealth and an estimate by the Office for National Statistics concluded…

  The dismantling of Great Britain

  Britain’s Glorious past and fall from grace featured by James Hamilton-Paterson, including Scotch Whisky, Triumph, who incidentally owned by industrial conglomerate BSA, who once provided motorbike for Steve McQueen, in The Great Escape and Marlon Brando in The Wild One, is to become one of the leading players in Britain’s flourishing motorbike industry, which…

China’s dream to reconcile market economy

  George Magnus and economist questions whether China can continue to keep all its balls in the air as it tries to reconcile the needs of a market economy with the criticisms of a one-party state. His book Red Flag looks at the four traps that the party is trying to avoid –currency ( renminbi),…

The big are getting bigger- Adam Smith

Yanis Varoufakis, the former Greek finance minister, clearly a fan of Adam Smith, gave a speech at the Edinburgh Book Festival, this week. His irritation with the rise of corporate power, oligopoly and monopoly which Smith was often concerned about. One of his quotes “People of the same trade seldom meet together, even for merriment…

The rich get richer and the poor get poorer

Karl Marx when discussing economic inequality and the socialist criticism of the free market system (capitalism) implying the perceived inevitability  called the “Law of increasing Poverty”. Germany’s manufacturing sector is twice the size of Britain’s 23 per cent of national GDP, compared with 11 per cent according to World Bank. Germany has been thriving as…

200 years of Karl Marx

A Biography of Karl Marx one of the greatest thinkers of 19th-century rendering him more relevant than ever. A World to Win follows Marx through childhood and student days, his enduring friendship and intellectual partnership with Friedrich Engels, and Marx’s influences and explains his political and intellectual interventions and builds on the legacy of his thought,…

Equality and privilege in the midst of emerging superpower

 India one of the most divided nations on the planet aspiring to become the next superpower. James Crabtree reveals the titans of politics and industry-shaping India in a period of rapid change – from controversial Prime Minister Narendra Modi to the leading lights of the country’s burgeoning billionaire class. India is the world’s largest democracy, with…