On 31 December 2015, the 25 companies with the biggest market capitalisation listed on the London Stock Exchange (LSE) reported they owned £522bn worth of assets that were physical. Their other assets — various types of intangible capital – were…
Tag: Capital
Finkelstein and capitalism
In an article published by The Times earlier this month, Conservative Party supporter Daniel Finkelstein argued “There is no alternative to capitalism, comrade.” It echoed the point made previously by Peter Kellner, a Labour Party supporter, in The New Statesman.…
Tax and intangible capital
Labour leader Jeremy Corbyn says increased spending on essential services and infrastructure could be financed by reducing the amount of tax avoidance and evasion, mainly by companies doing business in the UK. Blogger and tax expert Professor Richard Murphy argues…