The countdown to Brexit has seen a 15% fall in the number of Eastern European workers residing in the UK - in all 154,000 fewer than for July to September 2017 and 173,000 fewer than the record high of 1.05 million for July to September 2016. This decline comes at a time when vacancies, after … Continue reading Eastern European workers vote with their feet
Budgets and the ‘magic money tree’
Phillip Hammond’s budget remains firmly located within Neo-liberal economics. The principle aim is to reduce and finally eliminate the budget deficit and so lower the size of the National Debt. For the Neo-liberals public debt is a drag on the ‘real’ economy as it suffocates the private sector. But under pressure from Labour, some of … Continue reading Budgets and the ‘magic money tree’
Book review: Who Are Universities For?
Book review: Who Are Universities For? Re-making higher education by TomSperlinger, Josie McLellan and Richard Pettigrew Patrick Ainley welcomes a book that rethinks the purpose of a university – and offers some radical suggestions of his own (Originally published by the Council for the Defence of British Universities http://cdbu.org.uk/ ) Everyone knows who universities are … Continue reading Book review: Who Are Universities For?
Labour, vocational education and skills
Labour has published its national policy forum response on education. There's a great deal to be welcomed, but for some areas, most notably post-16 and Further Education, proposals are largely absent and where they are addressed, are scant and uniformed. See the following quote on vocational and technical education for example: ‘ The Open University … Continue reading Labour, vocational education and skills
Knowledge and control
In a flashback to the 1970s and early 80s, last Tuesday's Guardian Education profiled sociologist Michael Young, then a curriculum radical, author of books and articles on the relationship between knowledge, power and control and influential in teacher education https://www.theguardian.com/education/2018/oct/09/counterculture-class-warrior-turned-to-gove Young and colleagues argued that the school curriculum reflected the culture and interests of the … Continue reading Knowledge and control
There is a ‘magic money tree’
Seems a bit silly. Or is it? Modern Monetary Theory reminds us that governments of countries that have their own currencies and floating exchange rates (like in the UK), by implication, can never 'run out of money' or have to be dependent on taxation revenue and private borrowing to finance their activities. In other … Continue reading There is a ‘magic money tree’
A definite read
Published ten years after the financial crisis and comprising articles by contributors to Labour’s New Economics conferences, Economics for the Many provides a set of alternatives to Tory austerity. It addresses issues from public ownership, to rising consumer debt, control of the banks, tax avoidance and the need for a Green New Deal. A book … Continue reading A definite read
Putting workers on the boards
John McDonnell’s Labour Conference commitment to put workers on company boards was met with predictable hostility from employer representatives. Yet Germany, the Scandinavian countries along with several other European states, have long standing policies for employee participation, even if it might not be as extensive (McDonnell proposes 30% representation). Likewise, allocating a proportion of company … Continue reading Putting workers on the boards
Post-Brexit immigration and skills policy
In the context of this week’s report from the Migration Advisory Committee (set up to advise on immigration policy post-Brexit), it’s worth outlining the nature of European migration to the UK and the implications of the MAC proposals. By the end of 2016 there were 2.2 million working EU migrants -7% of the labour force. … Continue reading Post-Brexit immigration and skills policy
Towards a new Labour State
John McDonnell’s recent address to the TUC demonstrates Labour’s commitment to challenging neo-liberal ideas about the labour market. https://www.tuc.org.uk/speeches/shadow-chancellor-john-mcdonnells-speech-tuc-congress-2018 For the last three decades both conservative and social democratic governments across the globe have deregulated labour markets, arguing that increasing the ‘flexibility’ of workers will make them more productive, increase economic growth and bring greater … Continue reading Towards a new Labour State
