Ann Pettifor

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The City of London’s distress because real change may be coming…

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 …

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Notes for a speech to a meeting of TUC leaders

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 …

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Interview at The World Transformed, Brighton, 21st September, 2019

  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, …

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Visions for a zero carbon economy from two generations of climate activists

  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 …

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System change, not climate change.

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 …

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The Green New Deal is a concept which combines the socio-economic policies of the 1930s New Deal with investment in sustainable infrastructure. Ms Pettifor argues that, to tackle cross-border threats of systemic financial crises and climate change, we must move away from the post-war model of remote, globalised market forces. Instead, we should take concrete …

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On capital vs exchange controls

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 …

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