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Left Out creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.
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Now displaying: May, 2018
May 29, 2018

In this episode of Left Out, political economist Ann Pettifor speaks with Paul Sliker about the production of money, as well as why challenging the despotic power of finance and fixing our economic system, crucially depends on people's understanding of it all.

"Very often my experience is that activists don't ever talk about this stuff. They don't have a list of these demands. We want to do something about taxes or we want to do something about investment—all that tangible stuff that you can see on a day-to-day basis. We don't ever to talk about this thing which you can't see, which is the financial system. So if we can just get talking about that we'll begin to make ways." -Ann Pettifor

Topics discussed:

  • Money - what it is and how it is produced;
  • How our banking and monetary systems work;
  • Why mainstream economists leave out the activity of Banks, Money, and Private Debt in their thinking and modeling; 
  • Solutions for fixing and democratizing the global financial system;
  • What the general public can do once they understand how our banking and monetary systems work;
  • How people can effectively challenge and reverse the influence of extremely powerful financial interests;
  • Bitcoin; Job Guarantee vs. UBI; Brexit; Jeremy Corbyn and the state of the Labour Party; European politics and the rise of the Far Right.

Pick up Ann's latest book: 'The Production of Money: How to Break the Power of Bankers' www.versobooks.com/books/2706-the-…uction-of-money

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May 12, 2018

Political economist Ann Pettifor on what history can teach us about how to effectively challenge the despotic nature of today's global financial system.

Look out for the full episode with Pettifor on the production of money, and why fixing our economic system depends on the general public's understanding of it.

Pick up the book: The Production of Money: How to Break the Power of Bankers

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