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 »
