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Tag Archives: McDonnell

General Election: Tories must go

Theresa May’s failed election gamble is a nightmare for the capitalist class in Britain. Seven weeks ago most of Britain’s elite were hopeful that May would succeed in dramatically increasing the number of Tory MPs, thereby buttressing her government to be able to weather the storms of economic crisis, to carry out vicious austerity against the majority in society and ...

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Corbynomics: Can capitalism be saved or is socialist planning necessary?

The IMF now calls for state intervention to stimulate the ailing global economy. And many on the left also propose Keynesian-style policies. So, does this mean the IMF would welcome a Corbyn-led government in Britain? If not, why not? From the 1980s onwards neoliberal economics have reigned supreme. Now, eight years after the world economic crisis began, its obituary is ...

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