Ann Pettifor

Globalisation

Various interviews on de-globalisation in the European and British press

At the invitation of the Evens Foundation in Antwerp, and on 29th November, 2021 I delivered a lecture at Brussels’s BOZAR centre…on the subject of globalisation, or more correctly the need for de-globalisation…Here are some links to the stories published afterwards… In the EU Observer, this article by Wester van Gaal on 2 December, 2021: …

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To stabilise the ecosystem, we must first transform the international financial system.

I have a chapter in a new book, Economic Policies for Sustainability and Resilience, edited by Professors Philip Arestis and Malcolm Sawyer and published by Palgrave Macmillan. (Details here: eBook ISBN 978-3-030-84288-8 Print ISBN 978-3-030-84287-1). As I argue in an abstract for my chapter: “the intent of financial globalisation, like the gold standard, is to …

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Britain, Korea and humanity’s life support systems.

This was my contribution to a publication of the Korean Labor Institute, 19th July, 2021 Since 2014 the world has endured the seven hottest years in recorded history. The wildfires, heatwaves, droughts and intense flooding that currently afflict rich and poor countries alike, are, scientists explain, the consequence of this heating. Children, led by Greta …

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QE: How the World Got Hooked on Magicked-Up Money

Going cold turkey would finish off a dysfunctional global financial system that’s now hopelessly addicted to emergency infusions. The only solution is surgery on the system itself.The system, notionally governed by the invisible hand of the market, is no longer governed in any meaningful way: private excess puffs up bubbles that government indulgence ensures can never burst. We seem condemned to volatile commodity prices, wild capital flows, worsening imbalances in trade, taxation and income, and—before long—the next sovereign debt crisis.

NEW ECONOMIC PARADIGMS

The following by yours truly was prepared for the Progressive Governance Digital Summit on 10th June, 2021.  The COVID19 crisis illuminated the reality of globalisation. World leaders proved incapable of convening an international summit to prevent the spread of the pandemic and to collaborate on a vaccine for the world’s people – the 99%.  However, …

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A new internationalism on the terms of labour

  This article was written for the Brussels-based Foundation for European Progressive Studies (FEPS) and published here on the 7th June, 2021. If progressive European political parties are to achieve both relevance and electoral success, a paradigm shift is required: away from Social Democracy’s attachment to financialised globalisation. If they aim to defeat nationalism, and …

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To restructure the British state, the international financial system must be transformed.

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 …

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US gifts Wall St. the Green New Deal

  Last week the Biden team delivered their first press conference on the Democrat’s much-anticipated Climate Plan. The good news is that Climate Envoy, John Kerry and Advisor, Gina McCarthy are talking about the Climate Plan delivering “Good paying Union Jobs”. All hail to that ambition. The bad news is that this ain’t no Rooseveltian …

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