
Rachel Reeves and the 2p Trap
The chancellor’s proposed income tax shuffle is clever accountancy but toxic politics — a pledge-break disguised as fiscal discipline, and proof that Labour has trapped itself in rules it cannot escape.
The rest of the blog
The chancellor’s proposed income tax shuffle is clever accountancy but toxic politics — a pledge-break disguised as fiscal discipline, and proof that Labour has trapped itself in rules it cannot escape.
More than 200,000 young men aren’t “signed off for life”—they are the reserve army of labour, conscripted into the Telegraph’s morality tale to prepare the ground for austerity.
David Frost calls it a new “Red Terror.” The truth is plainer: it’s the Right’s wars, coups and crackdowns that have spilt the deepest blood in politics.
Trump’s latest “kinetic strike” killed three unknown Venezuelans he labelled “narco-terrorists.” The phrase is not law but incantation, a word that strips away humanity and legitimises killing. From Vietnam body counts to Obama’s “signature strikes,” America has always named its enemies into existence, and into death.
To call Robinson’s rally “populist” or “right-wing” is to miss the point. Fascism doesn’t require every marcher to be a coherent ideologue; it requires a mass, a scapegoat, and leaders prepared to turn grievance into violence. That is what we saw in London.
The events of Saturday (13/09) prove that Britain can go fascist. Musk calls for violence, the Telegraph and Times launder his words, and Starmer clings to the flag. We must name the danger or watch it grow.
Camilla Tominey’s sainthood act for Charlie Kirk trades politics for piety. The Right already owns the machinery (press, finance, courts, police) and Kirk was part of the drive shaft. A death certificate doesn’t wash clean a career built on making violence respectable.
The ONS reports zero growth in July. The papers call it “grim news” for Rachel Reeves. In reality, it is the latest entry in a long obituary for British capitalism — a system now sustained only by euphemism, stagnation, and decline.
The ONS reports zero growth in July. The papers call it “grim news” for Rachel Reeves. In reality, it is the latest entry in a long obituary for British capitalism — a system now sustained only by euphemism, stagnation, and decline.
The Trump administration’s latest tariff proposal assumes that other countries will quietly absorb the cost of import duties. But tariffs don’t work like that. They never have.
Simon Hannah’s Reclaiming the Future: A Beginner’s Guide to Planning the Economy is a searing indictment of capitalism’s failures and a powerful call for a democratically planned socialist future. In an era of crisis, this book is essential reading for anyone who refuses to accept that the chaos of the market is the best we can hope for. As capitalist crisis deepens, bringing with it ecological catastrophe, resurgent reactionary politics, and growing inequality, Simon lays out an uncompromising case for a planned economy as the only viable alternative. This is not a work of dry economism or abstract theory; it is a call to arms, a rallying cry against capitalist realism and its false sense of inevitability.
The ongoing banking crisis, which is best exemplified by the failure of Silicon Valley Bank, reveals the fundamental flaws in the capitalist system and its inherently unequal power dynamics. As we face the challenges of financial instability, it’s time to critically reassess our economic paradigms and explore transformative approaches that prioritise equity and sustainability for all.
In a world entangled by financial webs, the architects of our economic fate – the bankers – often weave a perilous dance of risk and reward, leaving many to question their responsibility in times of crisis.
More back of an envelope planning from Truss and Kwarteng.
On broken resolutions that have taken us to the brink.
According to the city, the public, and even some Conservative party members, yesterday’s emergency intervention by the Bank of England in the financial markets qualifies as a crisis. A week, is a long time in politics