When it comes to climate change, corporations and governments are cynically exploiting the space between public perception and scientific fact. We’re being lulled into a false sense of security that climate change is a problem for the future, rather than an urgent one that must be addressed in order for the species to secure its long-term future.
“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.