Ann Pettifor

Government Borrowing

Financing the Green Transition – why we can afford it

Last month I gave a ‘Green Talk‘ in Bristol, organised by Climate Works. It was wonderful to be, first of all at such a professionally and well organised event (congrats to Mark Letcher and his team). It was also fantastic to be amongst such an interesting array of speakers including John Gapper ‘the secret gardener’ …

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How Ed Balls was trapped…..

Have just been told that my post on the Left Foot Forward on Ed Balls’s speech  crashed the site “under weight of people wanting to read it”…so here it is for those of you that may have missed it…. David Cameron was delighted when the formidable Ed Balls walked straight into his framing of the …

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Why I did not sign the Observer letter for ‘Plan B’

I thought long and hard before refusing to sign the letter calling for a Plan B. Not because I do not think it is urgently required. But because the letter called for “clamping down on tax avoidance and evasion, as well as by raising taxes on those best able to pay.” It goes without saying, …

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Coming soon: another global financial crash? Capital mobility and the commodity mania

Tin produced at a Glencore plant in Vinto, Bolivia “Experience shows that when policies falter in managing capital flows, there is no limit to the damage that international finance can inflict on an economy.” Yilmaz Akyüz, “Capital Flows to Developing Countries in a Historical Perspective: Will the current Boom End with a Bust?” Today, as …

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Bankers tighten their grip

13 May, 2010 With a backdrop of bankers looting the EU’s Treasuries (via a bailout that rivals George Bush’s TARP) let us consider one of the most significant Dem-Con appointments (and a non-appointment) to the British cabinet. That of someone who until now was invisible: David Laws the new Chief Secretary to the Treasury. His …

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The Real Deal

8th May, 2010. My latest Huff Post blog Britain’s political elites are doing deals this weekend, trying to form a government. Gingerly making their way across the shifting tectonic plates of public opinion; wary of being tripped up again by voters. For, let’s face it, the British electorate are no fools. As the governor of …

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Why the EU’s leaked document has got me in a rage

By Ann Pettifor – Posted March 16th on Labour List Together with the Prime Minister of Greece, Mr. George Papandreou, I am going to give evidence to the EU’s Special Committee on the Financial Crisis in Brussels this Thursday, March 18th. So today’s leaked report from the EU, arguing that Labour’s plans for cuts to …

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Bankers must be made to serve the economy…..

21 February, 2010 Once again apologies for a longish absence. This is down in part, to smashing (literally) building works, to a little grandchild-minding, and to other writing commitments. But have been itching to comment on a) Greece and the EU b) Iceland (it seems the UK is easing up on the pressure); c) the …

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Why I want to be a Labour candidate

17th January, 2009. This was posted on the Compass site on the 16th January. I am shortlisted for the North West Durham Parliamentary Selection. A less likely candidate you would be hard pressed to find. I am not a local big wig and did not grow up in the constituency. I don’t have the backing …

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Osborne’s puppet-masters: Société Générale.

15th January, 2009. Patient readers this blog is triggered by Jeff Randall’s column in the Daily Telegraph today. In it he inadvertently discloses the identity of the puppet-masters dictating the Tory political agenda around public spending cuts. In a somewhat histrionic column in which he describes the public deficit as a ‘disaster’ ( he should …

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