Ann Pettifor

Nationalisation

The macroeconomic imperative of nationalisation

In Britain as in the US, governments are tackling the corona virus by undertaking actions that force the closure or collapse of companies large and small. To compensate, they are stepping in with subsidies and bailouts. Because millions of livelihoods are at stake these interventions are welcome and necessary. But we must demand more: not […]

The macroeconomic imperative of nationalisation Read More »

Why nationalisation of bailed-out firms is of macroeconomic importance.

In Britain as in the US, governments are tackling the corona virus by undertaking actions that force the closure or collapse of companies large and small. To compensate, they are stepping in with subsidies and bailouts. Because millions of livelihoods are at stake these interventions are welcome and necessary. But we must demand more: not

Why nationalisation of bailed-out firms is of macroeconomic importance. Read More »