Socialist Alternative


Red flags


There is an alternative to the speculation of the money markets and the booms and slumps of a capitalist economy. 
It is an economy owned by the people, run by the people, for the benefit of the people, a socialist economy.


Immediate solutions to crisis

Solutions to the crisis that could be implemented immediately


Socialist alternative to crisis

The world economy does not need to be boom and bust with the rich always getting richer


Vision of a socialist future

Alan McCombes outlines a vision of a future socialist Scotland and an economy run for people not profit


 

Expert Analysis


Raphie De Santos


Many of the articles in this section were written by Raphie De Santos.


Raphie was head of Equity Derivatives Research and Strategy at Goldman Sachs International. He was an advisor on derivatives and financial markets to the Bank of England, London Stock Exchange, London International Financial Futures and Options Exchange and the Italian Ministry of Finance.

 

Raphie has been a guest lecturer on derivatives and financial markets at Harvard and New York universities and the London School of Economics and has spoken at the annual Nobel Foundation conference in Stockholm.


Global Economic Crisis



What Does Wall Street Have To Do With Me ?

Ken Ferguson summarises the global economic crisis


Market Money Madness

Raphie De Santos looks at the origins of the global economic crisis


Between Northern Rock and a financial crisis

Raphie De Santos on the nationalisation of Northern Rock


The Great Bank Robbery

Raphie De Santos on the big banks plundering public money


Food and Fuel Price Rises

Raphie De Santos on two different sides of capitalism’s crisis


Pay Rises Don't Cause Inflation

Raphie De Santos explains the roots of modern inflation


September shockwaves

Freddie Mac, Fannie Mae and the collapse of Lehman Brothers


HBOS collapse and there's more to come

HBOS: Management Gamble Customers Money on Financial Markets under Brown’s Regulatory and Monetary Umbrella