Banks shut up shop
23 April 2025
Banks continue to close branches to save costs, denying cash and banking facilities to an increasing number of people.
Finance
Finance
Chancellor bows down to the banks
25 February 2025
Rachel Reeves is trying to shield banks from paying compensation for mis-selling car finance. She talks about “growth”, but what we see is disregard for the needs of British people.
Who controls the regulators?
The ongoing failure of regulation in the water industry poses a fundamental question about the governance and accountability of industries and utilities in Britain: how, and in whose interest, are they regulated?
Britain up for grabs
19 December 2024
The number of British companies sold to foreign investors continues to rise, up sharply on last year. This is not “investment” but amounts to selling British industry on the cheap.
Taking Charge - Tasks To Be Done
25 October 2024
Political statement from the Communist Party of Britain Marxist-Leninist, 20th Congress, London, June 2024.
No escape from boom and bust
Revived for a limited season, Stephano Massini’s play about the rise and fall of Lehman Brothers shows how capitalism consumes even its own…
Inflation: the truth
The state has tried to meet its needs by printing more and more money. No wonder we have inflation…
Financial systems as weapons
As communications systems have become ever more centralised and monopolised, so too has state control of them. They are now weapons of war…
The development money tap
What happens when devolved mayors, giddy with power, assume ownership over public assets was brought to light recently.
Student loans: a cost to us all
22 January 2024
Student loans aren’t a good deal for students or taxpayers. A new report highlights the increasing costs for government.
Parasitic capitalism - who needs it?
Asset management companies live off the wealth created by others. They buy not to produce things of use, but to profit from squeezing the assets or selling them on…
End the cycle: the crisis is one of capitalism
Freed from the EU, Britain’s economy can – and must – avoid the perils of globalism. But globalisation is not an aberration… it is the logical development of capitalism...
How finance capital holds its rule
An analysis of finance capital forensically analyses its failings – but then fails to see that there is no turning back to a golden age. Finance capital must go…
Capitalism causes inflation, not Brexit
22 June 2023
Mark Carney, former governor of the Bank of England, blames Britain’s inflation on Brexit. But inflation is, and always has been, a feature of capitalism.
Inside today's Treasury
The Treasury is a key part of the capitalist state, and a new book provides a fine critique of its operations – despite its reformist conclusions…
Abandoning the dangerous dollar
Something significant is afoot in global finance. It relates directly to workers’ daily battle with inflation, potentially also having far wider impact. And it’s about the US dollar…
Inflation, capital and labour
22 June 2023
Inflation as a result of government policy since 2008 has now worked through to consumer prices. The underlying economics of inflation are the result of a poor bargain between capitalists and wage-earners.
What should be the working class response to the ongoing financial collapse?
What should be the working class response to the ongoing financial collapse?
Tuesday 4 July 2023 19:00
Removing the dollar's influence opens the door to political and economic independence for Britain and means once and for all rejecting bloc politics. In effect, Brexit from the dollar.
Come and discuss. Email info@cpbml.org.uk for an invitation
Meet the new capitalists
This book describes how modern, transnational capitalism operates against the interests of workers everywhere, out of reach of national governments…
The destructive dominance of finance capitalism
22 December 2022
Finance capital wants to increase profits and to subordinate the production of goods and services for people’s needs. It has developed to become the malign global financial system we know today.
The financialisation of capital [Print version]
Finance capitalism keeps a malign stranglehold over the real economy, serving only a tiny group of super-wealthy speculators. How did this come about?
Finance - More deregulation
Chancellor of the Exchequer Jeremy Hunt announced a package of financial sector reforms speaking in Edinburgh on 9 December.
Inflation: a capitalist weapon in the class war
Rising prices affect everyone – but they are endemic to capitalism and not acts of God. The current surge in prices is an act of class war directed at workers, and it requires a working class response…
A country made for kleptocrats
A new book reveals just how corrupt Britain has become when it comes to international money laundering…
Strike looms at Financial Conduct Authority
22 February 2022
Unite trade Union members who work at the Financial Conduct Authority have voted heavily to take industrial action against proposed cuts to pay and conditions.
Monopoly and regulation: a new path for Britain
Free market economics is coming unstuck. Many workers have always thought this would be the eventual outcome. The question is whether workers will assert their own control…
Why we all need the Union – and sterling
The threat to the unity of the British working class comes not just from separatists, but also from those throughout Britain who kid themselves that it doesn’t matter to them.
The future of money
In a world where much commerce is conducted digitally and cash use is falling, the central banks are stuck in the past, supplying notes and coins while credit is controlled by the private retail banks. But that could soon change…
Meet the new ‘mafia’ economics
A trenchant analysis indicts the abdication of state responsibility and the persistent belief in the power of markets to fix the current financial mess…
Seizing the future for Britain's workers
The dominance of finance capital has dragged Britain deep into debt, even before Covid-19. Rebuilding the economy after the ravages of the pandemic will require a completely different approach…