Tag Archives: Ecological crisis

There are two global forces positively thriving – despite today’s crises. They are the lethal coronavirus and the world’s billionaires – engaged in a form of ‘co-production’. Why are they thriving? And why do their interests align so happily?The ‘interests’ of a lethal virus are clear. The microbe’s supreme ambition is to spread as fast as possible, infect millions of humans, accelerate the process of transmission and evolve into a global pandemic.Never mind the consequences.How can this...

There are two global forces positively thriving – despite today’s crises. They are the lethal coronavirus and the world’s billionaires – engaged in a form of ‘co-production’. Why are they thriving? And why do their interests align so happily?The ‘interests’ of a lethal virus are clear. The microbe’s supreme ambition is to spread as fast as possible, infect millions of humans, accelerate the process of transmission and evolve into a global pandemic.Never mind the consequences.How can this...

There are two global forces positively thriving – despite today’s crises. They are the lethal coronavirus and the world’s billionaires – engaged in a form of ‘co-production’. Why are they thriving? And why do their interests align so happily? The ‘interests’ of a lethal virus are clear. The microbe’s supreme ambition is to spread as fast as possible, infect millions of humans, accelerate the process of transmission and evolve into a global pandemic. Never mind the consequences. How can this...

This article first appeared on Substack.Last week the Biden team delivered their first press conference on the Democrat’s much-anticipated Climate Plan.The good news is that Climate Envoy, John Kerry and Advisor, Gina McCarthy are talking about the Climate Plan delivering “Good paying Union Jobs”.All hail to that ambition.The bad news is that this ain’t no Rooseveltian New Deal.Roosevelt confronted Wall St from the get go. His administration systematically drained the Street of power, and...

This article first appeared on Substack.Last week the Biden team delivered their first press conference on the Democrat’s much-anticipated Climate Plan.The good news is that Climate Envoy, John Kerry and Advisor, Gina McCarthy are talking about the Climate Plan delivering “Good paying Union Jobs”.All hail to that ambition.The bad news is that this ain’t no Rooseveltian New Deal.Roosevelt confronted Wall St from the get go. His administration systematically drained the Street of power, and...

This article first appeared on Substack. Last week the Biden team delivered their first press conference on the Democrat’s much-anticipated Climate Plan. The good news is that Climate Envoy, John Kerry and Advisor, Gina McCarthy are talking about the Climate Plan delivering “Good paying Union Jobs”. All hail to that ambition. The bad news is that this ain’t no Rooseveltian New Deal. Roosevelt confronted Wall St from the get go. His administration systematically drained the Street of power,...

Between the Anglo-American political horror shows of 2020 and the raging pandemic, something much less theatrical drifted centre stage to play a more than usually important role: interest rates. There is one obvious reason: like waiting to witness a rare celestial event there is a high likelihood that rates will do a shocking, unusual thing and go negative. But there is another important reason that hasn’t, to date, been part of mainstream economic commentary. With more focus than ever on a...

Between the Anglo-American political horror shows of 2020 and the raging pandemic, something much less theatrical drifted centre stage to play a more than usually important role: interest rates. There is one obvious reason: like waiting to witness a rare celestial event there is a high likelihood that rates will do a shocking, unusual thing and go negative. But there is another important reason that hasn’t, to date, been part of mainstream economic commentary. With more focus than ever on a...

Between the Anglo-American political horror shows of 2020 and the raging pandemic, something much less theatrical drifted centre stage to play a more than usually important role: interest rates. There is one obvious reason: like waiting to witness a rare celestial event there is a high likelihood that rates will do a shocking, unusual thing and go negative. But there is another important reason that hasn’t, to date, been part of mainstream economic commentary. With more focus than ever on a...

The UN’s conference takes place in November 2021and will be led by the British government. It is apparently committed to “uniting the world to tackle climate change”.It needs to achieve far more. To tackle climate change and protect the ecosystem that sustains life on earth, we need to do more than just bring down emissions, and reimagine the economy.  We must transform the current globalised financial system. Why? Because the spigot of (largely) deregulated global credit fuels global...