Ann Pettifor

Financial Crisis

Times: Worst of slump yet to come, says economist

Article Published in the Times, September 1st 2009. Photo by Jon Enoch. Ann Pettifor predicted a painful end to the good times. Now she says that only radical action can prevent further gloom Phil Thornton Ann Pettifor is a member of a select club — the seers who saw it all coming. Now the economist, […]

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How globalisation ends: Debtonation Day, plus two

From Open Democracy: August 13, 2009 “A single day, 9 August 2007, will go down in history as ‘Debtonation Day’ – the beginning of the end of the deregulation and privatisation of finance that marks the era of globalisation.” I wrote these words on 13 August 2007, in anticipation that the great stock-market collapse of

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‘Radicaal? Dat is de crisis ook’

De Standaard:  Brussels 18th June, 2009. Interview:Ann Pettifor over de ‘Green New Deal’ — BRUSSEL – De westerse overheden moeten dringend de hand aan de ploeg slaan en de almacht van de financiële sector inperken. Dat vindt Ann Pettifor, econome en activiste. Van onze redacteur Weg met de banken, leve de overheid. Als je het

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Iceland – a country of proud, indebted people

Ann Pettifor – 12th May 2009 Have just returned from a flying visit to Iceland, where I was mightily impressed by the warmth and strength of the Icelandic character. Also struck by the pride Icelanders have in the way the financial crisis deepened and strengthened their democracy – leading to the ousting of a corrupt

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Restoring Faith in Finance

Debtonation Readers: This is the full version of my latest blog for Huffington Post:15th March, 2009 Once a-ponzi time, millions worshiped at the feet of the Wizards of Finance.  These Wizards preached an economic religion that promised security and an abundance of riches from the ‘Emerald City’ — Wall St. Investors following this religion were

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The tears of the unemployed, of auto CEOs and bankers

6th December 2008 The tears of millions of Americans stripped of livelihoods and healthcare remain hidden from view, unlike the tearful special pleading of the unscrupulous leaders of the finance sector, and this week, of the auto industry CEO’s. The latest unemployment numbers to emerge from the Dept. of Labor imply immense pain and anguish;

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Disarming the Financiers

1st December 2008 Watching our British politicians squabble and spin this last week over the Pre Budget Report – while Rome burns –  was depressing. Why are our politicians so off-beam? Why does their response to this crisis seem so petty and botched? The answer may lie in their ties to the finance sector. The

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