This article was written by Ric Lander. “Make It Happen” was an RBS slogan that meant far more than they intended. In the mid-2000s activists had spent years of fighting oil spills, pipelines and mega coal mines and the damage they cause. When they began to look deeper into how these projects came about they […]
Articles and Blogs
Pearls of a Private Banking System
This article was written by Hugh Cullen, Scottish Socialist Party National Secretary. “The only surprise of the Economic Crisis of 2008 was that it came as a surprise to so many” Joseph Stiglitz, Freefall. The Scottish Socialist Party (SSP) takes no glee from the crises of capitalism that socialists have tirelessly exposed for the past […]
Ten years on: the future depends on our movement for global justice
This article was written by Nick Dearden. Nick is the director of the social justice campaigning organisation, Global Justice Now, one of Jubilee Scotland’s member organisations. I was in Quito, Ecuador, on 15 September 2008, the day investment bank Lehman Brothers collapsed and the financial crisis exploded. Appropriately enough, I was there to celebrate Ecuador’s ‘debt […]
Understanding China’s New Silk Road to Prosperity and Power
This article was written by Dorothy Grace Guerrero The West have largely ignored or underestimated China’s New Silk Road Project, Beijing’s most ambitious project to date. Now that it is becoming the biggest channel for outward investments and creating a more connected Eurasia from Spain to Indonesia, governments are waking up and jostling to get on […]
Microcredit: a solution or simply different problems?
This article was written by one of our volunteers, Elena Scarso, and edited by Jubilee Scotland. Banks are often considered the cause of economic and financial issues. Trying to change this opinion, in 1983 Muhammad Yunus had the idea to create a microcredit institute able to support poor people by means of loans on easy […]
It’s time for a Scottish National Investment Bank
This article was written by Laurie Macfarlane from New Economics Foundation. Investment – both by the private sector and by government – is crucial to the long term economic, social and environmental health of any economy. As part of the UK, Scotland has a longstanding problem of underinvestment relative to other countries. The percentage of GDP invested in […]
‘Trumpxit’, a repeating history
This article was written by one of our volunteers, Elena Scarso, and edited by Jubilee Scotland. Even though forecasts about a post-Brexit economic downturn in the UK didn’t materialise, it’s impossible to ignore the global shock after the UK’s decision to burn its bridges with Europe. Editorials around the world have given a running commentary on […]
‘The SNP abolished PFI, or did they?’
This article was written by Dr Scott Arthur. In 2006 Alex Salmond told Scotland that “PFI was a quick fix and a costly mistake”. If elected (he was), he was going to ensure “our public assets can be held in trust for the nation all without the unnecessary private profit that is part and parcel of […]
How Globalisation Has Led To Debt Slavery For Millions
There are more slaves on the planet today, than there have ever been at any point in history. Ever. This does not even take into account those who operate under debt slavery – i.e. those who are not enslaved but have no means to get out of their situation – for example sweatshop workers. In […]
Join Us In Our Fight Against CETA
CETA is the Comprehensive Economic and Trade Agreement between the EU (still including us) and Canada. In late October we saw the deal signed but that doesn’t mean it is set in stone yet – we still have a chance to stop it. The deal still has to be approved by the European Parliament and […]
LOBO Loans a Low-Blow to Struggling Local Authorities
This week has been awash with news on the Scottish debt problem. Put simply every year Scottish Local Authorities are forced to allocate on average 42% of their income from council tax to servicing debts, many of them procured since 2008. The problem is not that local authorities have been borrowing to finance large scale […]
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