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.
Climate Crisis
Richard Murphy – The world cannot afford the attitude of companies like Shell
The problem cannot be solved as an isolated event. The whole system, business and politics, has one goal: maximising profits. And damned be the rest. Richard Murphy is an economic justice campaigner. Professor of Accounting, […]
EU politics
New Economics Foundation: Can we do better than Uber?
Last month, Transport for London announced it was withdrawing ride-hailing firm Uber’s license to operate in the capital. Despite complaints over passenger safety and poor treatment of drivers, many Londoners came to Uber’s defence, valuing […]
Economics
Steve Keen – Flaws of the euro
Cafe Weltschmerz is a Dutch discussion forum which interviews a very wide range of speakers for a predominantly Dutch audience. This is Steve´s second interview on the Cafe, conducted by Paul Buitink They covered a […]
Be the first to comment