Crisis opening in 2007

Neo-liberals win out

“After the financial crisis”, in 2008, noted John Authers in the Financial Times of 16 July, “it was beyond argument that existing regulations had failed, and would need to be rethought.

To stop cuts, seize control of the banks!

Author: 
Clarke Benitez

The Tory shadow Chancellor George Osborne must think he pulled off a coup on Monday 15 March. He got Jeffrey Sachs - a real economist, an architect of Russia's "shock treatment" after 1991, but who has since distanced himself from extreme free-marketism - to co-author an article with him for the Financial Times.