Kids Company was one of the most recognised and loved charities of our time. But after a stream of negative media stories about lavish spending and mismanagement, national sentiment reversed almost overnight, and its founder, Camila Batmanghelidjh, once regarded as Britain’s most successful, colourful and inspirational charity leader, became in the eyes of the media, a disgrace. In the first of a two-part series, Batmanghelidjh joins us on the show to reveal what really pushed Kids Company to the wall.
Since the 2008 financial crisis, UK authorities have been absolutely toothless when it comes to prosecuting bankers who’ve broken the law. Is it simple incompetence? Or is our regulatory system designed so that victims fall through the gaps, while banks are permitted to operate above the law. Joining us this week is former Met Detective and victim of RBS GRG’s long-running scheme to defraud its SME customers, Andy Keats, and researcher & campaigner, Joel Benjamin.
Since the financial crisis, apart from a few tokenistic traders, the UK authorities have been absolutely toothless when it comes to prosecuting bankers who have broken the law. But is this just incompetence, or is our regulatory system designed in a way that means that victims fall through the gaps, while banks are permitted to operate above the law? Get a sneak-preview of our upcoming episode on white-collar crime featuring former Met Detective, Andy Keats, and researcher and campaigner Joel Benjamin.
Investigative journalist, Manisha Ganguly, went undercover on premier sugar-daddy site, ‘Seeking Arrangements’ and discovered this disturbing sub-culture is a direct result of Britain’s student loan crisis. A close analysis of the data gathered from the verified profiles on the website show the emergence of some disturbing trends. With the rising tuition fees, last year the website saw a 22% increase in student sign-ups. It recently ranked the top colleges in each country by the number of sugarbaby sign-ups. In the UK, the University of Westminster tops the list.
Out of all the arguments and excuses that people manufacture to justify the financialisation of society, the most difficult one to accept is that creating a market in education is the only way it can be funded. This view becomes even harder to justify when it is promoted by a generation of people who benefited from free further education. As many of that generation are now drawing their triple-lock pensions, a younger generation of students are being lumbered with eye-watering amounts of debt, which begs a very simple question: why have British politicians turned the classroom into an asset class?
A growing number of leasehold homeowners are at the mercy of a new class of rent-seeker – actively exploiting them in their own homes through onerous ground rents and permission fees. Many of these homes were bought through the government sanctioned Help To Buy scheme, which has fuelled house builder profits and led to massive remuneration packages for CEOs. On the latest show of Renegade Inc., we uncover the sleight of hand behind this growing crisis.
Economics and the schools that teach it have been wrong for such a long time that its students have collectively embraced a mythical model that does not account for the role of money, banks, debt or land.
Renegade economist and friend of the show, Professor Steve Keen recently took the stage at the Sunday Papers event in London to discuss what you’re not being told about the global economy.
The Head of Content at the Chartered College of Teaching (CCoT), Kate Hodge, this week released a bizarre statement of apology on behalf of its chief executive, Dame Alison Peacock (pictured above). The Dame was a guest on an episode of Renegade Inc. about the future of education called ‘Are the kids alright?’ In this statement, Hodge claimed – falsely – that Peacock was not aware that our independently produced television show is syndicated to and airs on RTUK.
The privatisation of debt collection in Britain has resulted in a boom for the bailiff industry of such massive proportions it would make Al Capone blush. Over 300 UK local authorities outsourced their debt collection to private bailiffs in 2014-15. More than two million debt collection referrals took place over that 12-month period, which works out to more than six new debt enforcement instructions every minute. This is why the industry is seeing double digit growth year-on-year. But at what social cost?
“Economics has failed,” is a phrase that is becoming more common by the day, the result of the current economic paradigm of neoliberalism. But economist, Professor Michael Hudson says economics has not failed it all. It is working perfectly well, according to the rules upon which it has been set. On this week’s episode of Renegade Inc, we explore the cover story of neoliberal economics.
November 2008, Queen Elizabeth visited the London School of Economics and asked why no economist saw the financial crisis coming. Since that exchange, the realisation has dawned on many that it is the discipline of economics itself that is the problem. Until economics is fixed, mainstream economists will continue to fly blind. And we will continue to foot the bill. Economist and author of ‘Doughnut Economics’, Kate Raworth, calls for ‘an economics reformation’.
The gradual privatisation of social housing has turned Britain’s housing market into a postcode lottery that unfairly marginalises those who can least afford it. Successive UK governments have applied free market economic principles which have decimated our communities. This week on Renegade Inc we are joined by filmmaker, Paul Sng, and author and sociologist, Lisa McKenzie, to discuss how to stop the great British housing slump.
Good leaders are like good parents: You wouldn’t simply cut your kids’ allowance the minute their academic performance starts to suffer, so why would you do the same to your workforce, expecting different results? Creating trust and safety — particularly in an uneven economy — means taking on big responsibility. Read on to discover companies who didn’t simply begin slashing their workforces the minute the writing was on the wall.
For every dollar of aid poor countries receive, they lose 10 dollars to multinational tax havens. They pay around $200 billion per year in debt service to banks in rich countries. Writer and anthropologist, Jason Hickel whose book, ‘The Divide’, debunks the myths around inequality and poverty, joined co-founder and presenter Ross Ashcroft on this week’s episode of Renegade Inc to discuss why aid programs are deliberately keeping 60% of the world’s population in poverty.
Central banks are meddling behind the scenes, artificially reflating companies that have not ever made a penny of profit, floating for eye-watering sums. When everybody is thinking the same thing, it is likely that no one is really thinking at all. Co-founder and presenter, Ross Ashcroft interviews investor, hedge fund manager and author of Planet Ponzi, Mitch Feierstein.
In his latest book, ‘Creating Freedom,’ Raoul Martinez poses a fundamental question: ‘How can we be free if we can’t control the forces that shape us?’ Ross Ashcroft is joined by Martinez to answer this very question, how he sees society today and how we can start putting people and planet before profit and power.
Jeremy Corbyn can win leadership contests, seats from the Tories, and British hearts and minds with barely any MSM help. The 2017 snap general election was clear – the British electorate trusts Jeremy Corbyn and no longer wants Blairite politicians who change their ‘principles’ to what they think the public want to hear. Where to […]
With house prices dropping, anemic growth and terrible productivity figures, it seems that developed economies are heading toward another financial fallout – having not yet paid for the last one. On this show from Merthyr Tydfil, Wales, we ask whether we are heading towards another crisis, and if so, what can be done about it? […]
Whilst politicians globally extol Danish democratic virtues, very few of them talk about the pernicious effects financialization has had on the country. The Danish economy is carrying huge levels of private debt which, unless managed, could undermine their much-vaunted democracy. Is trouble looming in the democratic utopia, and how do a new crop of politicians stop the […]
The term ‘conspiracy theory’ is one of the most divisive terms in the English language, used to shut-down dissent and inquiries into official narratives. US Professor Mark Crispin Miller was labelled a conspiracy theorist for claiming the right stole the 2004 Bush election. Today, the author of Loser Take All and Fooled Again says the term ‘fake news’ is being used as a US propaganda exercise to expedite war with Russia.