We live in an advanced form of what the US economist Hyman Minsky had termed ‘money manager capitalism’ 25 years ago. Today, the dominant role played by the captains of industry in the area of industrial capitalism falls to the money managers in charge of hedge funds and pension funds. By identifying this new incarnation
For half a century I have campaigned for a united Europe with Britain playing a full role. The Trade and Cooperation Agreement (TCA) that was approved by the British Parliament on 30 December heralded, for me, a very bad and very very painful day. The TCA finalises Britain’s divorce from the most successful peace project
Nothing reveals the existential crisis of the Social Democratic model quite like its inability to get a grip on today’s digital society. To reinvigorate itself and society, Social Democracy must embrace a new ambitious project that would not only reveal the true costs and vulnerabilities of neoliberal empowerment (where global digital capitalism is perceived as
The European Central Bank (ECB) is due to end its Quantitative Easing (QE) programme at the end of the year.
Since the 2008 crisis, wage growth around the world has been largely driven by growth in emerging countrie.
Austerity policies coupled with rising inequality in Europe have resulted in a long period of economic stagnation.