The state as Engels described it, is “the ideal personification of the total national capital.” (Socialism: Utopian and Scientific) and...

Following on from the previous blog-post on co-operatives, the other panacea often presented is state-capitalism, sometimes described by...

In an earlier post we discussed nationalisation, it is worth going into such an economy where the state is the main owner. Socialists env...

“It was our lifelong dream coming true. It was a utopia. We were for it 100 per cent. What celebrations there were! The industry which ha...

It appears that some still see a future in the banks to solve the problems of the recession - state-owned banks, of course. Alf Young of th...

It is no co-incidence that the cries for banking reform invariably comes during economic depressions. The lubrication that keeps the capita...