the ‘increasing role of financial motives, financial markets, financial actors and financial institutions in the operation of the domestic and international economies’

http://www.ippr.org/publications/definancialisation-a-democratic-reformation-of-finance

“One of the most worrying long-term consequences of financialisation is the reduction in the capacity of democratic states to meet the demands of their citizens over the demands imposed on them by financial and corporate institutions, institutions which are increasingly free from the responsibilities that were imposed upon them by confident social democracies in the middle of the last century.”

http://www.ippr.org/publications/definancialisation-a-democratic-reformation-of-finance

 

 

'Progressive Alliance' is now the only alternative to the Tories
Summary: "Thanks to the UK's crazy 'first past the post' electoral system, there's only way the UK can end austerity and neoliberal government in the next general election, writes Rupert Read: if centre and left parties join in a Progressive Alliance that represents the majority of voters."

Progressive alliance seems like the best hope of averting another 5 years of the Conservatives on June 8th.  Is it feasible?

The Green Party election broadcast for the upcoming local government elections flags the refugee crisis, NHS, inequality, climate change, lack of investment in renewables, as key issues.  Important issues, but not really issues that local government has much say over?  I also would like the video to focus a little more on the very positive and progressive policies that the Greens have, rather than just saying what is currently wrong.  But maybe that doesn’t fit so well into a short election broadcast.

On Algorithmic Communism
Summary: "Nick Srnicek and Alex Williams’s Inventing the Future argues that the contemporary left must revive its historically central mission of imaginative engagement with futurity. It must refuse the all-too-easy trap of dismissing visions of technological and social progress as neoliberal fantasies. It must seize the contemporary moment of increasing technological sophistication to demand a post-scarcity future where people are no longer obliged to be workers; where production and distribution are democratically delegated to a largely automated infrastructure; where people are free to fish in the afternoon and criticize after dinner. It must combine a utopian imagination with the patient organizational work necessary to wrest the future from the clutches of hegemonic neoliberalism."

Good review of Inventing the Future.