Something strange happened in late April: the price of oil went negative. This below-zero price tag didn’t last long, but it remains unusually cheap. And thanks to the coronavirus, it will likely stay that way for a while. In this episode Mark talks with Watson Associate Professor Jeff Colgan, an expert on the oil industry and the geopolitics that define it. They get into oil’s current price fluctuations, how it’s related to the coronavirus pandemic, and how changes to this singular commodity will affect industries and countries in a post-pandemic world.
Begins at about 16:00. Join Adam Tooze, Quinn Slobodian, and Atossa Araxia Abrahamian for a special discussion on neoliberalism, globalization, and the future of democracy Adam Tooze will be holding talks in Berlin on 28 […]
What could a post-capitalist world look like?
Ann Pettifor and Sirio Canos Donnay … Reflecting on the polarisation between the right and left which has opened up in European politics since the financial crisis this podcast discusses the neoliberal conundrum: if the […]