The Great Re-Think Videos

How the Global Economy works – or doesn’t

Back to the Radical Thinkers series

The machinations of the global economy are all but hidden from the public gaze — and it seems from the gaze of most politicians — but it’s the global economy that really determines how we all live. Ann Pettifor describes a system that has no moral base, no worthwhile sense of ecological reality, and is unregulated; serving primarily to make a few individuals immensely rich and so powerful that their whims may override the ambitions and strategies of entire nations. But, she says, economic systems can be transformed rapidly – which indeed has happened twice in recent living memory. The interview is inspired in particular by her latest book – The Green New Deal (Verso 2020). It’s essential reading – not least for Chancellors of the Exchequer. 

We — Ruth and I – are very grateful to Brett Price who filmed and recorded this interview at Ann’s home in Suffolk.

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