Alarm bells are distress signals. As this election campaign reaches its climax the Financial Times registers high levels of investor distress as its wealthy readers panic over the possibility that real change is coming. The change they fear is not automation and AI. No, it’s the possibility that “If Labour come to power on this …
The City of London’s distress because real change may be coming… Read More »
These rough notes were prepared by me for an informal address to a gathering of British and German trade union leaders, hosted by the TUC and by the German Social Democrat think-tank, the Friederich Ebert Stiftung. The address took place just as Britain’s General Election of 2019 was launched. There have been three big issues …
Open Democracy’s ‘OurEconomy’ took part in this year’s edition of The World Transformed, a political and cultural festival with over 6000 attendees running alongside the UK Labour Party conference that aims to build progressive power. We took the opportunity to catch up with some of the figures leading the movement for a new economy, …
Interview at The World Transformed, Brighton, 21st September, 2019 Read More »
The climate crisis has been forced back on to the front pages by Greta Thunberg and the climate school strikers. In the upcoming first issue of the New Economics Zine, Jamie Margolin, a teenage climate activist, and Ann Pettifor, a seasoned economist and member of the original Green New Deal group, share their motivations …
Visions for a zero carbon economy from two generations of climate activists Read More »
This article is a slightly edited excerpt form Ann Pettifor’s forthcoming book ‘The Case for the Green New Deal‘ (Verso, 2019). We have been warned by climate scientists that to avoid the most dangerous impacts of climate breakdown and global heating, then humanity collectively has (starting from 1870) a ‘carbon budget’ of about 3,200 billion …
This article appeared on the Progressive Economy Forum website on 29 January, 2019. Last week John McDonnell MP took the opportunity to “make explicit” that a Labour government would not introduce capital controls. The Financial Times covered the story, and like many, got its exchange and capital controls in a tangle. The UK had various …
12 November, 2018 This year is the 150th anniversary of the TUC, and the 70th anniversary of the Trade Union Advisory Committee to the OECD. As part of the celebration of these achievements, the TUC’s Economics and Social Affairs department organised an event “Lessons from the Great Financial Crisis” – on 12th November, 2018 – …
2007-9: Central bank coordination saved the finance sector, but not the world. Read More »
After attending a performance of the Lehman Trilogy, I was honoured to join a panel at the National Theatre on 16th October, 2018 to discuss the play. Readers will know that the play was directed by Sam Mendes, and starred three great actors in all of the complex parts: Simon Russell Beale, Adam Godley and Ben Miles. It was, …
Yours truly at National Theatre discussion on The Lehman Trilogy Read More »
The following article appeared in the Church Times on 20 September, 2018 “The Government is unprepared for a hard Brexit, says Ann Pettifor. The financial impact could be devastating” The Brexit referendum provided conclusive evidence that economics is inherently political. There was nothing scientific about any of the campaign promises or economic forecasts. Instead, …
This is an extract from an article written for The Times Literary Supplement The international and financial dimensions of Keynes’ work are today neglected in favour of the laissez-faire economics that Keynes had so vigorously contested. His profession is dominated by economists concerned overwhelmingly with the activities of individuals, …
