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“New gold standard”: Ann Pettifor denounces private capital dictating rules of Covid-19 response

Summary:
Ann Pettifor talks of a new “gold standard” crippling the response to the #Coronavirus pandemic. The author of The Case for the Green New Deal tells The France 24 Debate how in a throwback to the 1930s, this is fueling the rise of nationalism and authoritarianism. Pettifor insists the best way to pay for #Covid19 ...

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Ann Pettifor talks of a new “gold standard” crippling the response to the #Coronavirus pandemic. The author of The Case for the Green New Deal tells The France 24 Debate how in a throwback to the 1930s, this is fueling the rise of nationalism and authoritarianism.



Pettifor insists the best way to pay for #Covid19 response is through higher wages for essential jobs. “What this crisis has taught us that we can manage very well without football players but we can’t manage without delivery drivers, nurses, cleaners.”



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Ann Pettifor
I’m Ann Pettifor, author and analyst of the global financial system, and co-author of The Green New Deal (2008). I predicted an Anglo-American debt-deflationary crisis back in 2003, and in September, 2006 published The Coming First World Debt Crisis (Palgrave). I am known for my work on the sovereign debts of low income countries and for leading an international movement for the cancellation of debts, Jubilee 2000.

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