‘Just in time’ reveals the fatal inadequacy of market mechanisms

Banks highlights

Economy / ‘Just in time’ reveals the fatal inadequacy of market mechanisms

Global supply lines have been designed with profit maximisation, not the needs of the people, in mind.

16 Nov 2021 ,
Economy / Fraud office’s ‘deferred prosecution’ trick shields top bosses from legal action

The lords of finance capital have long made it clear that they are above the law: now it’s being implicitly accepted by those who supposedly ‘regulate’ their activities.

15 Jul 2021 ,
Industry / The Sanjeev Gupta, Lex Greensill and David Cameron affair

Once again we see the absurdity of a system that leaves the fate of essential industries and millions of workers in the hands of rapacious fraudsters.

21 May 2021 , Lalkar

Industry / Greensill debacle: the door keeps revolving

The collapse of this particular debt-laden finance house is drawing public attention to some very uncomfortable truths.

3 May 2021 ,
Industry / Cameron’s hand caught trapped in the till as Greensill collapses

The collapse of yet another debt-laden house of cards has shone a light on the revolving door between career politicians and the corporations they serve.

27 Mar 2021 , Proletarian
Industry / With ‘saviours’ like Gupta, who needs enemies?

If you are rich enough, you can get richer still without spending a penny; it is the workers who pay when the vultures’ schemes collapse.

9 Mar 2021 , Proletarian
Economy / GameStop stops Wall Street

Activist amateur traders ‘driven by righteous anger’ very nearly broke at least one hedge vulture’s bank, causing panic on the stock exchange.

2 Feb 2021 , Proletarian
Economy / Hedge funds flourish on covid misery

As the vaccine race heats up, holders of the right pharma shares are making a killing out of insider trading.

2 Aug 2020 , Proletarian
Venezuela / Bank of England must hand back Venezuela’s gold

Britain’s latest theft is part of a long history of looting and aggression against the Venezuelan people, who continue to struggle for their independence and freedom.

8 Jul 2020 , Lalkar
Pay and conditions / Barclays spies on its own staff

The banking giant is using ‘Big Brother tactics’ to monitor staff and keep their noses to the grindstone.

6 Mar 2020 , Proletarian
Economy / QuickQuid – cut and run

Having extorted millions from struggling austerity-hit families, the US-backed payday lender is pocketing its loot and getting out.

30 Oct 2019 ,
Capitalist crisis / New recession will hit workers still paying the price of the last one

The capitalist system is unable to find a way out of the downward spiral of overproduction, crisis, austerity and war.

10 Sep 2019 , Lalkar
Greece / Devastating Athens fires caused by greedy ‘development’ speculation

Profits are valued over human life and the natural environment as at least 84 Greek people are declared dead, over 120 more are missing and 2,000 homes destroyed.

2 Aug 2018 , Proletarian
Greece / Crunch time for Syriza?

The bloodsuckers are running out of ways to keep Greece paying out. The imminent explosion will rock the world’s financial systems.

1 Jun 2015 , Proletarian
Theatre / Play: The Power of Yes by David Hare

Explaining nothing, this play is aimed merely at letting off some steam without getting any nearer to a solution to society’s systemic problems.

1 Oct 2009 , Proletarian

Banks theory

Theory / Modern monetary theory: is there a magic money tree?

Those who would change the world must first understand it: Marxist economics is the antidote to bourgeois voodoo.

22 Oct 2020, Lalkar
Capitalist crisis / Trump and US capitalism in perspective – interest rates and the Federal Reserve

The US government is rolling big in the capitalist casino.

13 Jun 2018, Proletarian

1
Comrade Ella: Our enemy is here at home, not in China

Confusing and demoralising anticommunist propaganda is a cornerstone of the imperialist drive for domination and war.
2
Workers in eastern Europe and former Soviet states prefer socialism
3
Derisory pay offer covers further cuts as NHS privatisation reaches new heights
4
Housing and architecture in the Soviet Union
5
Yanis Varoufakis and Diem25: erratic Marxism and consistent anticommunism
6
Book review: China’s Great Road by John Ross
7
Brexit continues to be a thorn in the side of imperialism
8
Soviet ballet: dancing the heritage of humanism
9
The reactionary nightmare of ‘gender fluidity’
10
Who is peddling the ‘Uyghur genocide’ myth, and why?

Banks highlights

Economy / ‘Just in time’ reveals the fatal inadequacy of market mechanisms

Global supply lines have been designed with profit maximisation, not the needs of the people, in mind.

Economy / Fraud office’s ‘deferred prosecution’ trick shields top bosses from legal action

The lords of finance capital have long made it clear that they are above the law: now it’s being implicitly accepted by those who supposedly ‘regulate’ their activities.

Industry / The Sanjeev Gupta, Lex Greensill and David Cameron affair

Once again we see the absurdity of a system that leaves the fate of essential industries and millions of workers in the hands of rapacious fraudsters.

Industry / Greensill debacle: the door keeps revolving

The collapse of this particular debt-laden finance house is drawing public attention to some very uncomfortable truths.

Industry / Cameron’s hand caught trapped in the till as Greensill collapses

The collapse of yet another debt-laden house of cards has shone a light on the revolving door between career politicians and the corporations they serve.

Industry / With ‘saviours’ like Gupta, who needs enemies?

If you are rich enough, you can get richer still without spending a penny; it is the workers who pay when the vultures’ schemes collapse.

Economy / GameStop stops Wall Street

Activist amateur traders ‘driven by righteous anger’ very nearly broke at least one hedge vulture’s bank, causing panic on the stock exchange.

Economy / Hedge funds flourish on covid misery

As the vaccine race heats up, holders of the right pharma shares are making a killing out of insider trading.

Venezuela / Bank of England must hand back Venezuela’s gold

Britain’s latest theft is part of a long history of looting and aggression against the Venezuelan people, who continue to struggle for their independence and freedom.

Pay and conditions / Barclays spies on its own staff

The banking giant is using ‘Big Brother tactics’ to monitor staff and keep their noses to the grindstone.

Economy / QuickQuid – cut and run

Having extorted millions from struggling austerity-hit families, the US-backed payday lender is pocketing its loot and getting out.

Capitalist crisis / New recession will hit workers still paying the price of the last one

The capitalist system is unable to find a way out of the downward spiral of overproduction, crisis, austerity and war.

Greece / Devastating Athens fires caused by greedy ‘development’ speculation

Profits are valued over human life and the natural environment as at least 84 Greek people are declared dead, over 120 more are missing and 2,000 homes destroyed.

Greece / Crunch time for Syriza?

The bloodsuckers are running out of ways to keep Greece paying out. The imminent explosion will rock the world’s financial systems.

Theatre / Play: The Power of Yes by David Hare

Explaining nothing, this play is aimed merely at letting off some steam without getting any nearer to a solution to society’s systemic problems.

Banks topics

Banks theory

Theory / Modern monetary theory: is there a magic money tree?

Those who would change the world must first understand it: Marxist economics is the antidote to bourgeois voodoo.

Capitalist crisis / Trump and US capitalism in perspective – interest rates and the Federal Reserve

The US government is rolling big in the capitalist casino.

popular content

Comrade Ella: Our enemy is here at home, not in China

Workers in eastern Europe and former Soviet states prefer socialism

Derisory pay offer covers further cuts as NHS privatisation reaches new heights

Housing and architecture in the Soviet Union

Yanis Varoufakis and Diem25: erratic Marxism and consistent anticommunism

Book review: China’s Great Road by John Ross

Brexit continues to be a thorn in the side of imperialism

Soviet ballet: dancing the heritage of humanism

The reactionary nightmare of ‘gender fluidity’

Who is peddling the ‘Uyghur genocide’ myth, and why?