The Makerfield by-election is the most important by-election in recent years. It is almost a pre-run of the 2029 general election which may well determine whether the Labour Party survives. Makerfield has been represented by Labour MPs since its creation in 1983. Labour would typically get between 50% and 60% percent of the vote. It was a ‘Leave’ voting … Continue reading Whether Burnham wins or loses, the future of the Labour Party is not guaranteed—Editorial
Unemployment
How could the labour movement control inflation without increasing unemployment?
Dave Gardner This article takes, as a starting point, the article by Martin Seale on how the Bank of England (BoE) manages inflation through manipulating interest rates with the byproduct being unemployment. Currently, the BoE manages inflation through the setting of an interest rate that keeps the inflation rate stable. The mechanism used is the … Continue reading How could the labour movement control inflation without increasing unemployment?