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J is for Junk Economics

By Renegade Inc

“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.

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Thrown under the bus

Renationalising Britain's rail system is a daily debate. As many commuters feel the full force of ineffective, privatised rail companies, they're vocal about their plight. But surprisingly, there are far more British bus users than rail commuters. And they have been neglected. A privatised bus system has meant that many are left stranded. So, we ask: Why have so many people in the UK been thrown under the bus?

The not-so-free press

George Orwell famously said journalism is printing what someone else does not want printed. Everything else is public relations. In a world festooned with PR exercises and reputation management, was Mr Orwell overly cynical, or was he well ahead of his time? With print media's business model in free fall, newspaper proprietors are increasingly desperate to find ways to ensure financial viability. The problem with this approach is that corporate interests can and often do trump the interests of readers. Joining us to discuss how free the UK press really is are the lecturer in journalism and media studies at Birkbeck College, Justin Schlosberg, and the editor of Open Media at openDemocracy, James Cusick.

Can the welfare state be saved on its 70th birthday?

NHS was established on the basis that there should be free medical care to the entire population. Back in 1948, it was the first such scheme in any Western country, funded by the taxpayer and from no other source. But now the NHS is a euphemism for privatisation, cuts to services and the retrenchment of benefits. So what has happened?