“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.
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.
Contrary to political group think it was actually access private debt not public debt that brought the economy crashing down. But today private debt is again raging and nobody seems to want to address the issue. On the 10-year-anniversary of the Global Financial Crisis, anthropologist and author, David Graeber and former chairman of the now abolished Financial Services Authority, Lord Turner sits down with co-founder and presenter, Ross Ashcroft, to discuss what is preventing us from talking about the taboo that is Britain’s private debt problem.
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.
The story behind the documentary.