“Free markets and “free trade” = elite propaganda”

Note: I wrote this long eassay  in 2005. The financial crash and recession since provide added grist to my arguments as the rich get richer, most people get steadily poorer, public provision shrinks and the inequality between people swells. The lessons of economic history tell this story: a strong domestic economy is necessary for sustained economic [...]

What should be public and what should be private?

Robert Henderson Since 1979 every British government has perpetually tinkered with the balance  between private or state provision. Despite the Thatcherite cry for small government the state has has spent  a very large slice of GDP t throughout that time, In 1979 the percentage was 42.75% and in 2010 45.45% The lowest in the period was 34.25%  in 1989 (http://www.ukpublicspending.co.uk/uk_20th_century_chart.html).  However, [...]

The credit crunch: an effect not a cause

Robert Henderson  How did we get  into this economic hole? What we are experiencing is a direct consequence of the dominant economic ideology of the age, laissez faire, an ideology which underpins the general political ideology of political elites in the West, the form of liberal internationalism we call globalism. This neo-Liberal mentality has brought [...]

You must be mad if you don’t believe in the liberal globalist credo

Robert Henderson Anders Breivik has been declared insane at the time of his mass killings on 22 July 2011 by Norwegian  psychiatrists, Synne Serheim and Torgeir Husby. They claim Breivik was psychotic  before and during  his bomb attack in Oslo and shooting  attack on  Utoya Island which together  left 76 dead.  Prosecutor Svein Holden said Beivik has been diagnosed as  insane and that [...]

The globalist lies about the British Labour market

Robert Henderson One of the great lies of the modern liberal is that in developed countries such as Britain unskilled  and low skilled jobs are a rapidly shrinking commodity.  Daniel Knowles of the Daily Telegraph  was at it  on 17 November with Our greatest social problem: there are no jobs left for the dim (http://blogs.telegraph.co.uk/news/danielknowles/100118217/our-greatest-social-problem-there-are-no-jobs-left-for-the-dim/).  He [...]

It isn’t a crisis of capitalism but a crisis of globalism

It isn’t a crisis of capitalism but a crisis of globalism Robert Henderson Contents 1. Turning a blind eye 2. What is capitalism? 3. Globalisation and the developed world 4. The suppression of dissent 5. The developing world 6. The loss of  national control 7. The undeveloping world 8. Supra-national  politics 9. Just another outbreak [...]

Labour re-writes the past – their economic management

The Labour hierarchy has worked out its narrative on the economic mess they created. It runs like this:  NuLabour in power may have made some mistakes,  but these were minor and apparent only with hindsight, while  the real culprit is the global economy in general and the USA’s obsession with sub-prime mortgages in particular. This [...]

Another day another lethal financial derivative

Collateralised Debt Obligation (CDOs) and Credit Default Swap (CDS) are old hat. Say hello to the Exchange Traded Fund (ETF). The EFT  is a fund which supposedly concentrates on a discrete area of economic activity such as a the trading of a commodity, a  particular  area of business, for example, banks, or a  particular country’s [...]

War is Peace, Freedom is Slavery, Knowledge is Ignorance…. Treason is Patriotism…

Robert Henderson As yet another prime British business, the hi-tech company Autonomy, is bought  by foreigners and the country is still digesting the failure of a massive contract for trains to go to the  last British based train-maker Bombardier ( http://www.guardian.co.uk/business/2011/jul/05/viewpoint-manufacturing-job-bombardier-siemens), the vast majority of Britons  cannot understand why those we elect to safeguard the [...]

Too big to bail-out? Spain and the future of the Eurozone

Open Europe  and FAES panel debate 11 July 2011,  Bishopsgate meeting room, Liverpool Street. Chaired by Matts Person, Director of Open Europe Panel Alvaro Nadal Spanish MP (Secretary of Economy and Employment of Partido Popular) Vick Ford MEP (East of England) Anonio Garcia Pascual  (Chief Southern European Economist, Barclays Capital, ex-IMF) David Oakley (Capital Markets Correspondent, Financial Times) Megan Green [...]