Canvas presents highlights from Sheffield Sal event: “Nanny, Nudger or Therapist?: is the State Enhancing or Undermining our Personal Decision Making?”
In this comment piece, Liam Deacon explores why people are so quick to tarnish the concept of ‘Socialism’ in British Politics, and the impact it is having on The Living Crisis
Isaac Evans contends that, in states that advocate democracy so profusely, we should be moving these core values into our workplace
The recent downgrade of Britain’s credit rating from AAA to AA1 by Moody’s was one of the least surprising decisions in the political year. It was clear that after both France and the USA’s downgrade that the UK, with its growing debt, was also heading
Article by Joe Austin.
In this article, David Jeffery explores how capitalism itself can be used to force banking reform and how the power of demand can create more ethical high street banking.
In this article, Joe Austin considers the role of hedge funds in global financial markets and asks whether they played a part in causing the financial crisis that was sparked in 2007. The role of irresponsibility in markets is also explored. As a result of this irresponsibility, it can be argued that they should not be allowed to exist in their current form.
Article by Ben.
Joe Austin explores the merits of credit ratings agencies, and particularly their effect on European member states. Do they provide critical advice for investors or are they unaccountable forces that hold democratic governments to ransom?
The great crash of 2008 witnessed banks on both sides of the Atlantic either collapsing or having to be bailed out by their respective governments. Now, in the summer of 2011 and nearly three years later we are still amidst the worst economic climate since the 1930’s in which the major economies of the Western world are struggling with their debt mountains. There are two political-economic ideologies responsible for causing this financial meltdown. Those on the left and far left are trying to use this economic storm to suggest capitalism has finally been proved wanting and the reforms of the 1980s have led us to disaster. However those on the right are using this as an opportunity to suggest that socialist government spending policies have crippled capitalism. It is a mix of both of these that has brought us to where we are now and the lessons we are witnessing right now are all too obvious.