Ann Pettifor – Can Society Once Again Make Finance Servant, Not Master of the Economy?

In February 2018, Jeremy Corbyn accused bankers of taking the economy hostage, and said in a speech that Britain’s financial sector will be “the servant of industry not the masters of all” if the Labour Party wins the next election. How realistic is that promise? In this lecture Ann Pettifor will argue that given the dependency of the finance sector on the largesse of the state and its taxpayers, a Labour government could transform the relationship between finance and industry.

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