New Economic Foundation economist Olivier Vardakoulias tells Kirsty Styles why the “constellation of risks” facing the global economy probably won’t amount to a 2008-style crisis. Not this year anyway.
Here’s our pick of the best economic(ish) stuff we’ve seen on the web in the last fortnight. Have a great weekend!
Paul Mason’s Postcapitalism: the new Marx or inherently faulty?
Two contrasting reviews of Paul Mason’s new book, Postcapitalism:
“As a spark to the imagination, with frequent x-ray flashes of insight into the way we live now, it is hard to beat. In that sense, Mason is a worthy successor to Marx.”
“Mason’s Postcapitalism fizzes with energy that spurs the reader on. But even so, the central premise of Mason’s argument – that capitalism is being or will be replaced – is inherently faulty.”
Kirsty Styles talks to Rethinking Economics co-founder Yuan Yang about the student insurgency against mainstream economics teaching.
“We don’t want to switch capitalism off yet, but maybe we can replace it with something better.” Channel […]
In this excellent series of podcasts from the New Economics Foundation (NEF), Kirsty Styles and her guests introduce neoliberal ideas, explore how they affect our lives and look at some of the challenges to this dominant way of thinking. These are the ideas that rule the world, so it’s worth taking a few minutes now and then to try to understand them!
“…Osborne, by going for an unnecessarily rapid reduction in debt by means of increasing poverty, has thrown a potential lifeline to Labour. Unfortunately, Labour appear to be swimming away from it…”