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.
Richard Murphy – There is a post-Covid society to shape, and it is not like the one that existed before we went into this
We all seem to have forgotten that before COVID we were, and still are, confronted with an existential climate crisis and an economic recession due to the failures of neo-liberalism (again). Richard Murphy is a […]
Sorry, somehow we fell behind. We shall catch up. They are great talks, even if you are already familiar with Capital. The page numbers Professor Harvey refers to are valid for both the Penguin Classics […]
The discourse concerning post-Covid has been a sudden return to normality, but normality does not seem to be coming back for all; mostly for the wealthy. Richard Murphy is a Visiting Professor of Practice in […]