The government has learned to use QE to fund the coronavirus crisis, which is all well and good except for the fact that there are significant wealth inequalities arising as a result as some in the population save substantial amounts. If we are to prevent runaway asset inflation arising a way to use those savings has to be found and they have to be used to fund constructive activity. I outline some new thinking on this issue in this video. There is much more thinking to do in this area if social justice is to exist after coronavirus.
Economics
Renegade Inc.: Richard D. Wolff – Full Marx: Has Karl had the last laugh?
Since the 2008 financial crisis, we have been consistently told that the economic recovery is going to plan. The problem with this line is that very few people believe it – and even fewer have […]
EU politics
Tax Justice Network – Taxcast April 2018
In this month’s Taxcast: Tax justice, women and UN human rights conventions: how we may be beginning to hold governments to account. Also: we discuss scandal-hit Facebook’s checks on whether overseas influencers are funding political […]
Economics
Renegade Inc – Andrew Ross: You are not a loan
It was the German philosopher and economist Karl Marx who said that “There must be something rotten at the very core of a social system which increases its wealth without diminishing its misery.” Today there […]
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