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 – Why Green QE and MMT can co-exist
How Green QE, which is an idea that Richard co-created with Colin Hines a decade ago, can address some of the key problems within QE.
Corruption
Yanis Varoufakis, Bill Black – Corruption of Finance
Bill Black and Yanis Varoufakis discuss financial corruption in the USA and the EU. Bill Black needs no introduction. As a lawyer he filed over 1700 indictments for financial corruption in the US, from the […]
Climate Crisis
Visionary realism: A green future beyond capitalism – Yanis Varoufakis, Ann Pettifor & Noam Chomsky
“There is no alternative”, “it’s the end of history” in the shadow of the 2008 crash, the environmental crisis and ongoing COVID19 pandemic, never has the hubris of these words been more striking. Nevertheless if […]
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