Unsteady as she goes

For a while the high priests of capitalism congratulated themselves on the robustness of the economic recovery. Financial markets soared and there was euphoria about the robust expansion of the “emerging market” economies of the Global South. But in the… Continue Reading

The return of fear

In 1952 Aneurin Bevan, leader of the parliamentary Labour left and health minister in the 1945-51 Clement Attlee government, wrote a book about the newly-created welfare state in Britain. He called it In Place of Fear.1 It was an appropriate… Continue Reading