Superwealth: Understanding the decoupling of stock values from real economic value

Superwealth: Understanding the decoupling of stock values from real economic value

By Lisbeth Latham. Global wealth inequality is reaching historic highs. Inequalities have been both highlighted and exacerbated by the current crisis. However, while the world’s super-rich are obscenely wealthy, most discourse around this issue fundamentally misunderstands and misrepresents the nature of much of this wealth – which, in turn, can ...
The deadly politics of colonial borders during the Covid-19 pandemic

The deadly politics of colonial borders during the Covid-19 pandemic

By Niamh Ni Bhriain. Covid-19 is causing thousands of deaths every day, but the pandemic is killing in other ways too. Governments around the world responded to the pandemic by shutting their borders to international arrivals and severely restricting people’s freedom of movement. While for some this was unprecedented, for ...
A transitional programme for today?

A transitional programme for today?

By Lisbeth Latham. Radical Left movements across the globe face multiple challenges that place human survival at stake. At the same time, our movements are currently not strong enough to effectively challenge capitalism and the determination of the capitalist class and their representatives to prioritise profits over human life and ...
EU-Mercosur agreement will devastate industries and environment in Latin America

EU-Mercosur agreement will devastate industries and environment in Latin America

By Veronica Ocvirk. The free trade agreement between the European Union and the Mercosur bloc of Latin American countries will benefit EU multinationals but pose serious disadvantages for local industries in Argentina, Brazil, Paraguay and Uruguay. “President, we have an agreement!” This WhatsApp audio message went viral in Argentina with ...
Financing the Just Transition in the north of Ireland despite limited powers

Financing the Just Transition in the north of Ireland despite limited powers

By Seán Fearon. A significant but narrowing gap in the Irish just transition literature is how we intend to finance just transition policy, and specifically, what types of finance are best suited to advancing myriad radical policy initiatives. The answers to this puzzle in green-left circles increasingly form a combination ...
For an ambitious EU Financial Transaction Tax worthy of the name

For an ambitious EU Financial Transaction Tax worthy of the name

By Emma Clancy. The recession we are facing as a result of the coronavirus pandemic – together with the urgent need for climate transition – will require unprecedented public investment by the European Union (EU) and its member states. The EU’s absurd debt and deficit rules – combined with the ...
After neoliberalism: Naked class war aided by the state

After neoliberalism: Naked class war aided by the state

By Zack Breslin. Neoliberalism has been exposed as a failed doctrine, first by the financial crisis that erupted more than a decade ago and now by the Covid-19 pandemic. What replaces it? The seismic events of the financial crash of 2008 revealed the consequences of allowing rampant financial capitalism to ...
Ireland’s Apple antics fuel global race to the bottom on corporate tax

Ireland’s Apple antics fuel global race to the bottom on corporate tax

By Mairéad Farrell TD. Last Wednesday, July 15, there was a collective sigh of relief from the government. The European Union’s General Court had ruled against the EU Commission in Ireland and Apple’s appeal against its state aid ruling. The Court found that the 0.005% corporate tax rate that Apple ...
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