I contributed the following to a book – THE RETURN OF THE STATE – published by the Progressive Economy Forum (PEF) and launched on 19 May, 2021. The Covid-19 crisis has demonstrated one important truth. The international financial system is designed on terms that suit the owners of capital, not on terms that suit nation […]
There are two global forces positively thriving – despite today’s crises. They are the lethal coronavirus and the world’s billionaires – engaged in a form of ‘co-production’. Why are they thriving? And why do their interests align so happily? The ‘interests’ of a lethal virus are clear. The microbe’s supreme ambition is to spread as
On 8th April, 2019, I addressed the annual conference of the British Universities Finance Directors Group held at Royal Holloway College. The theme of my presentation was: “For how much longer is globalised, credit-fuelled ‘growth’ sustainable?” The assembled Treasurers and Finance Directors listened in respectful silence, but few questioned me after the presentation. My presentation
The following debate between Paul Wallace and Ann Pettifor appeared in Prospect magazine on 10 July, 2020. Is our capitalist economy an unparalleled engine of prosperity, or a human and ecological disaster? Two contributors debate whether the system is worth saving Yes—Paul Wallace It is tempting, when living through a once-in-a-century event such
The duel: Should we aim to get the economy back to “business as usual”? Read More »
