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Business and Society Economics Inequality Money and Banking

Unemployment – Morality, Money and Increasing Returns

The causes of unemployment make it a moral issue. Radical solutions are required. In an earlier post I noted some features of unemployment from a UK perspective. The main thrust was that a fairly constant proportion of the population in employment (around 72% of those of working-age) hides a serious decline in the availability of […]

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Business and Society Economics

The Real Wealth of Fizz

Amol Rajan, whom I have had cause to praise previously, wrote last week about Coca-Cola’s self-serving ‘anti-obesity campaign’. While much of what he writes is refreshingly scathing, I would take issue with the following statement: [Coke] is a massive corporation that exists to make huge profits. This is fine by me, because I like big corporations: […]

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Business and Society Politics

Better Press Regulation should be Liberating

This article is on 3 pages, and you can go to the next page you want by clicking on the relevant  number at the bottom of each page. The report of the Leveson inquiry into the Culture, Practice and Ethics of the Press is expected to be delivered next week. I am publishing here a fuller version […]

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Business and Society Equality Inequality Politics

Equality of Voice and ‘Devo-localism’

  That’s where the real constitutional debate needs to be – around a radical constitutional option that puts Scotland back into the hands of its people: devo-local, if you like. Trevor Davies, The Scotsman 10/5/2012  [Politicians] see themselves as propping up something which is tottering rather than letting citizens build anew something that is soundly […]

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Business and Society News

Leveson Heat Rises for the Press

Since my post Leveson, the Press and Labour there have been further developments. The Prince Harry photos episode was hardly edifying for the press or the Royal Family. That the Sun editor could claim that publishing these photos of a silly over-privileged young man was somehow ‘about the freedom of the press’ should re-inforce my main point. The primary […]

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Business and Society Politics

Leveson, the Press and Labour

This post was published on LabourList on 16th August 2012, under the title ‘Labour must free the Press’. The first instalment of Lord Leveson’s inquiry report into the Culture, Practice and Ethics of the Press is due in the autumn. It’s vital that Labour are ready to argue for a truly free press. We should […]

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Business and Society Inequality News Politics

The Riots of August 2011

The riots that engulfed London and other cities in England began one year ago today. Just to hark back to my piece ‘Riots: Looking Deeper’ on this topic last year, written one week after they started. I think it’s fair to say that it was a reasonable analysis. In particular the Independent Panel set up […]

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Business and Society Philosophy Politics

Capitalism Meets its Match?

Whichever side of the argument you might be on, it’s worth looking at a very cogent and entertaining video talk by the late Professor G.A Cohen on some of the problems of ‘actually existing capitalism’.  I found it while following up a reading of his Tanner Lecture, ‘Incentives, Inequality, and Community’, given at Stanford University in 1990-91, which contains a powerful argument against […]

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Business and Society Money and Banking

Bailouts and the Future of Banking

Long piece today by the Guardian’s economics leader writer, Aditya Chakrabortty, on the cost of the banking crisis, bank misconduct and what should be done about it. I agree wholeheartedly with the thrust of this piece, and indeed said much the same two and half years ago in my piece on the Guardian Cif site. Aditya’s piece concludes […]

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Business and Society Economics Politics

What Equality? – Equality of Voice

‘We need to be clear how equality, and what kind of equality (including of what), services our notion of the good society.’ To give David Miliband some credit, he is asking the right question. It’s not clear from his New Statesman sally whether he has the right answer. As characterised by the older brother, ‘Reassurance […]