April 2016 Blog Posts (2)

Steel’s collapse is the crisis of the capitalist system itself

Tata's threat to end steel making comes as a huge shock for communities throughout the UK, but for the global conglomerate the decision to terminate its loss-making operations in Britain was surely a no-brainer.

And despite loud protestations from the Cameron government neither should it have been a surprise. According to the OECD club of rich capitalist countries, in a policy…


Added by Gerry Gold on April 12, 2016 at 10:30 — No Comments

Panama Partners in Crime - David Malone.

“We have broken no laws and cooperated with the government at all times.”

Variations of that statement seem to be the default defence of everyone from bankers to politicians when their names come up in the Panama Papers.

In the UK the latest to resort to some version of it, was first Downing Street on behalf of the Prime Minister David Cameron, and then HSBC on behalf of it’s notorious Swiss…


Added by joe taylor on April 7, 2016 at 9:22 — No Comments

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