The Wage-Price Spiral Is a Myth
The government and the Bank of England have joined forces to force workers to pay for the cost of living crisis – but it’s profiteering, not wage demands, which is driving inflation.
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Grace Blakeley is a staff writer at Tribune and the host of our weekly podcast A World to Win.
The government and the Bank of England have joined forces to force workers to pay for the cost of living crisis – but it’s profiteering, not wage demands, which is driving inflation.
This week, Grace speaks to Troy Vettese and Drew Pendergrass about the problems with proposed technological solutions to climate breakdown — and how neoliberals are responding.
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By raising interest rates, the Bank of England has made it harder to repay the mountain of household debt built up during the cost of living crisis – leaving millions exposed to even more unsustainable bills, writes Grace Blakeley.
This week, Grace talks to John Bellamy Foster, professor of sociology at the University of Oregon and editor of Monthly Review. They discuss Marx’s theory of nature and the relationship between humanity and nature under capitalism.
Grace talks to brilliant young climate campaigner Mikaela Loach about her work trying to shut down oil production in the North Sea, taking the government to court over fossil fuel subsidies, and the best ways to organise among Gen Z!
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In the latest episode, Grace talks to Sam Moore, co-author of The Rise of Ecofascism: Climate Change and the Far Right, about how the climate crisis is being weaponised by reactionaries – and how the left should respond.
From record rents to punitive tax hikes and skyrocketing student loan rates, Britain’s elite is forcing young people to pay the cost for economic crisis – and it won’t stop until they organise to fight back.
Grace talks to Kojo Koram, who teaches in the School of Law at Birkbeck College, about who benefitted from the days of Britain’s formal empire, how imperialism continues to this day, and why the right are so keen to keep the culture wars alive.
The cost of living crisis is causing the biggest fall in living standards in decades – and the only way to turn the tide is to fight for wage increases across the economy.
On this week’s podcast, Grace talks to Sumi Rabindrakumar of the Trussell Trust about the roots of the cost of living crisis, who’s being worst hit, and what could be done to tackle it.
Landlords raised rents by the highest percentage ever in 2021. More than 1,200 people died while homeless in the same year. It’s time for tenants to organise – and take back housing from the profiteers.
This week, Grace chats to David Wearing, author of ‘AngloArabia: Why Gulf Wealth Matters to Britain’, about Boris Johnson’s recent trip to Saudi Arabia and the UAE – and how the energy crisis will transform world politics.
Rising inflation is driving the cost of living crisis, but it isn’t an act of God. It’s the result of policy decisions that favour the rich — and socialists need to have an alternative.
This week, Grace and Alfie Stirling, Chief Economist of the New Economics Foundation, look ahead to the Chancellor’s spring statement – which looks set to contain very few of the measures needed to tackle the cost of living crisis.
This week, Grace speaks to Gary Stevenson of Gary’s Economics about the cost of living crisis – where’s it coming from, who’s paying for it, and what can we do about it.