The Tory exchequer has roughly four times as much money at its disposal as it did six decades ago. Yet, Britain’s richest 1% has as much wealth as the poorest 57% combined. When Theresa May says capitalism is the “greatest agent of collective human progress ever created”, what she really means is that it is the best model through which her class is able to financially enrich themselves by manipulating the institutions of society.
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.
There is no other way to describe economics in 2017 than wilful blindness, writes economist Professor Steven Keen. Nobel Laureates who claimed financial crises were now impossible also claimed the 2008 Global Financial Crisis could not have been predicted. This is all, of course, nonsense. The evidence was there all along. Those with the power to change the course of history simply chose to ignore it.
The British economy is not ok. But you wouldn’t know it by looking around you. Luxury cars. Designer clothing. And banks chomping at the bit to lend people even more money. Ex-pat photographer and designer, Adrian Scoffham describes his return to the land of ‘fake abundance’.
With British Parliament on summer holidays, historian, comedian and author Jem Roberts examines the strange days of the Arguably United Kingdom. It seems a fair enough question to ask – who’s actually in charge these days? Can we just play arcade games until somebody is? And has the country finally turned a corner?