Tag: Global Financial Crisis

Long Snake Moan: How Capitalism’s Productivity Failure Is Driving Debt and Speculation
New research suggests the digital economy isn't providing many solutions to capitalism's productivity crisis. Increasingly, large companies are turning to subscriptions and data for profit, hoarding what they can along the way.
A Measly Fine for RBS Shows Just How Little We’ve Learnt From the Financial Crisis
Today the Royal Bank of Scotland agreed to pay a settlement of just $5bn to the US government over its activities in the run up to the financial crisis. Grace Blakeley explains why issuing fines to the ‘bad’ banks won’t do anything to curb the voracious greed upon which our financial system is built.
False Sense of Securities: The Financialisation of the Housing Market
Blame for London’s shortage of affordable housing tends to be directed towards greedy developers or exploitative foreign cash buyers who leave luxury flats vacant all year round. These actors, however, are part of a much wider process of the financialisation of the housing market.
The Production of Money: In Conversation with Ann Pettifor
On this week's NovaraFM James Butler and Aaron Bastani are joined by Ann Pettifor, author of The Production of Money.