It’s widely assumed that the Bank of England creates money, but only 3% of the money in circulation is physical cash. The other 97 per cent is produced online by the big, commercial banks. And what’s more they make whopping profits from doing so....
‘An Idea Whose Time Has Come’
A universal basic income could be one of the big progressive policies at the next election according to campaign group Compass which has published a report on the issue, saying it’s “an idea whose time has come”....
Chartist Publish EU-In Supplement
Labour left magazine Chartist has published a special supplement to its May/June issue on the European Union referendum which puts the left-wing case for voting in....
The Left, the ILP and the Corbyn Leadership
JONATHAN TIMBERS wants to kickstart the left (and the ILP) into discussing the major challenges facing Jeremy Corbyn’s leadership. We all have responsibility to come up with some answers....
Debating the EU: Sovereignty, Autonomy and Power
The ever louder debate over the European Union is hampered by confusion and misunderstanding about state sovereignty, says WILL BROWN. The left is often befuddled itself which does nothing to help it confront the real issues....
Looking for Scotland’s Alternative Futures
Soundings are holding a workshop in Glasgow on Saturday 12 December to examine the themes of their Kilburn Manifesto, After Neoliberalism?, in relation to Scotland’s rapidly changing political context....
Osborne’s ‘Astonishing Attack’ on Working People
Chancellor George Osborne’s attempt to present himself as the champion of labour at the Conservative Party conference has come under attack from TUC General Secretary Frances O’Grady after he reiterated his commitment to cutting tax credits for low-paid workers....
Is JC Labour’s New Messiah?
Only time will tell whether Jeremy Corbyn’s election as Labour leader is the beginning of the party’s renewal or yet another stage in its decay. It’s a question of head as well as heart, says JONATHAN TIMBERS. Jeremy Corbyn’s overwhelming election vcitory by a new mass Labour Party could be a sign that public discourse...
Unbalanced Britain: The Living Wage and Labour’s Future
The Rose Bowl at Leeds Beckett University was the venue for the ILP’s second Unbalanced Britain seminar on 14 March, examining the campaign for a living wage and Labour’s response. The recession and its lop-sided recovery have left millions of working people in poverty, claimed Tom Chigbo of Leeds Citizens. Addressing the latest ILP seminar...
Kilburn Manifesto: The Conference
Tickets are still available for the Soundings one-day conference in London on 21 February 2015 to celebrate the completion of the Kilburn Manifesto and to discuss and develop its ideas....
EU Citizens Combine to Oppose Corporate Trade Deals
More than 250 ‘citizens’ organisations’ from across 22 European countries have joined forces to oppose two controversial transatlantic trade deals currently being negotiated by the European Union....
Unbalanced Britain: This Sorry State
BARRY WINTER assesses the work of David Marquand and considers what it can offer a left desperately seeking some answer to society’s massive imbalance in power and wealth....