The media-backed attempted coup by right-wing Labour Party MPs against Labour leader Jeremy Corbyn has failed, amid large demonstrations and public meetings across Britain defending the left-wing leader.
The media-backed attempted coup by right-wing Labour Party MPs against Labour leader Jeremy Corbyn has failed, amid large demonstrations and public meetings across Britain defending the left-wing leader.
Supporters of British Labour Party's socialist leader Jeremy Corbyn.
Despite his insurgent campaign scoring a string of impressive against-all-expectations wins, Bernie Sanders’ campaign for the Democratic presidential nomination was declared all but dead-and-buried after Hillary Clinton won a clear victory in a controversial New York primary marred by irregularities on April 19.
The biggest barrier to the rational economic policies of Jeremy Corbyn, the socialist leader of the British labour Party, is the huge profits the super-rich are making from irrational ones.
The Bank of England has shelled out £375 billion in “quantitative easing” since the 2008 crash. It has, quite literally, created electronic money out of nowhere and used it to buy up financial assets held by the banks. The idea has been to pump “liquidity” — lendable money — into the economy.