This article is written by Emma Saunders for Jubilee Scotland. It is an introduction to her thesis ‘Harvesting Debt: Hub South-East Scotland, Austerity and Public Procurement’ which explores the topic further. Emma was studying MSc by Research in Human Geography at the University of Edinburgh and has since completed this. ————————————————————————————————————————————— On the 21st of November, two weeks […]
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Student Debt: An Ongoing Economic Crisis
This is a guest blog post written by Mark Borthwick. You can contact him via: MDBorthwick@gmail.com This piece refers to the English student loan system and when it refers to the government it is referring to the government at Westminster and not at Holyrood. Extract This blog post aims to illustrate how student loans work […]
The Italian Brain Drain: How to Take the Best from the Worst
This article was written by one of our volunteers, Elena Scarso, and edited by Jubilee Scotland. The 2008 financial crisis involved serious consequences for the whole Western world. It shouldn’t come as a surprise that the southern side of Europe, historically the poorer than the northern countries, were the worst affected.Spain, Greece and Italy had […]
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 […]
Interesting discussion at… https://t.co/UYAgJWAXh6