The future of the left since 1884

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Decent welfare we can afford

Two myths dominate debates about welfare. First, fair social provision is desirable but we can no longer afford it, because an ageing population puts extra pressures on pensions and health and social care. Second, poverty bears most severely on low-paid...

Same again?

Stagnant wages, high debt and low savings created a volatile economic cocktail which left the UK vulnerable to the financial crisis when it struck in 2007. But rather than delivering the tonic that was promised, the government appears to be...

The Inequality Boom

Howard Reed finds that the impact of the coalition’s tax and benefit measures could end being as bad for inequality as the Thatcher government’s record. Turning the tide needs to be at the heart of Labour’s strategy for government

Concern about...

Measuring the radicalism of our intent

A rebalanced economy is an issue on which, in their own way, each leader will campaign at the next election. The party which grasps the interconnectedness of this challenge and works with, rather than ignores, the long term but incremental...

The perils of inflexibility

George Osborne has rejected outright the possibility of further tax rises as part of the government’s fiscal consolidation programme. Analysing the forecasts for government borrowing the Institute for Fiscal Studies (IFS) recently said that in order to relieve pressure on...

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