21 January 2018
Now effectively in the hands of US private equity companies, the Co-op Bank has ordered a further round of branch closures.
14 March 2017
The attempt by Germany’s stock to create an EU-wide monster is fragmenting.
23 August 2016
Cooperatives, according to their backers. Some even think they can blunt the effect of privatisation. The reality is somewhat different.
26 June 2016
The recent sale of the Barclays “secret” gold and precious metals vault, allegedly somewhere inside the M25, to the Chinese bank ICBC highlights the murky role of British banking interests.
During Socialist transition some workers were in more mechanised workplaces than others, some less rationally organised or working with less up to date equipment etc. So the same product(s) produced from different locations could not at this time be directly exchanged with other products solely on the basis of the number of hours worked.
7 February 2015
A fascinating book studies the respective roles of the state and private enterprise in innovation. It challenges the false image that businesses are an innovative force while the state is not, and shows the opposite is closer to the truth.