Steve Keen and Michael Hudson have both been arguing for a debt jubilee for some time. Now, as COVID-19 hits the poorest hardest, and leaves those with money better off than before, is this the right time to write off debt? Can the economy recover without it? After all, its stagnated since the 2008 global financial crisis. If you were to have a debt jubilee, how would you do it. Steve and Michael have different ideas about how it should be implemented. They explain their thinking to Phil Dobbie on this week’s free edition of the Debunking Economics podcast.
Economics
Ben Wray – Technofeudalism, by Yanis Varoufakis: Book Review
Greece’s former finance minister, Yanis Varoufakis, argues in TechnoFeudalism that capitalism no longer exists, having been destroyed by capital itself. The largest companies now control us through their ownership of our personal data, putting democracy […]
Austerity
Grace Blakeley – Financialisation and the climate emergency
Grace’s talk in Berlin on November 12 in our series “Economics beyond the Swabian hausfrau”.
Economics
Common Weal – Richard Murphy: Inflating the crisis
Understanding why inflation is out of control in Britain. Much is relevant for the EU. especially the increase in interest rates Listen HERE
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