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Tag Archives: Globalisation

The Machine Age

My new book, The Machine Age, was published by Allen Lane on the 2nd November 2023. It’s available to buy on Amazon. Launch events were held at the Royal Society of Arts on the 6th November 2023 and UnHerd Club on the 28th November 2023. Links to the videos of each launch event are below: Royal Society of Arts: https://www.youtube.com/watch?v=JX1m1RNmjd8 UnHerd Club: https://www.youtube.com/watch?v=p3XM1WB88Ls The following is a 23 page summary of the book: Preface This...

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The Machine Age

My new book, The Machine Age, was published by Allen Lane on the 2nd November 2023. It’s available to buy on Amazon. Launch events were held at the Royal Society of Arts on the 6th November 2023 and UnHerd Club on the 28th November 2023. Links to the videos of each launch event are below: Royal Society of Arts: https://www.youtube.com/watch?v=JX1m1RNmjd8 UnHerd Club: https://www.youtube.com/watch?v=p3XM1WB88Ls The following is a 23 page summary of the book: Preface This...

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Globalization’s Latest Last Stand

With the world increasingly turning away from economic integration and cooperation, the second wave of globalization is threatening to give way to fragmentation and conflict, as the first wave did in 1914. Averting catastrophe requires developing strong political foundations capable of sustaining a stable international order. LONDON – Is the world economy globalizing or deglobalizing? The answer would have seemed obvious in 1990. Communism had just collapsed in Central and Eastern...

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10 years after – and nothing has changed.

The following is an interview with Yena Yoon – a financial journalist with Chosen Ilbo “the largest newspaper in South Korea” conducted on 12 February, 2018, but still relevant. What is the most remarkable change in financial market after 2008 global crisis do you see? Why do you think so? The most striking outcome from the global financial crisis of 2007-9 was that there was no structural change to the international financial architecture/system – the system that was at the heart of the...

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The BBC’s Cassandras of the Crash

On Wednesday, 19th September and again on 22nd September, the BBC broadcast an interview in which I participated. It was called Cassandras of the Crash. The programme is available on the BBC’s Radio 4 website, with the following introduction. “Ten years ago, in autumn 2008, the world watched as the biggest financial meltdown in history unfolded. The crash plunged the world into recession, lost millions of families their homes and its shadow still hangs over our politics today. And when the...

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The great honour that is the Heinrich Boll Stiftung’s Hannah Arendt Prize

On 19th July, 2018, I was stunned and honoured to receive the following from Professor Antonia Grunenberg of the Heinrich Boll Foundation, Bremen, Germany.  Berlin, July 19, 2018 Dear Mrs. Pettifor, it is my great pleasure to inform you in behalf of the international jury of  the „Hannah Arendt Prize for Political Thinking“ that you have been unanimously selected to be the winner of the prize in 2018. Die date of the ceremony is December 7, 2018. The jury pointed out that you, a...

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Is it unreasonable to blame bankers/rentiers for the rise in populism?

At the April Rethinking Economicsconference in Oslo  I pointed out that western politicians and economists are repeating policy errors of the 1930s. The pattern of a global financial crash, followed by austerity in Europe and the UK, led in those years to the rise of populism, authoritarianism and ultimately fascism. The scale of economic and political failures and missteps led in turn to a catastrophic world war. Today that pattern – of a global financial crash, austerity and a rise in...

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The financialisation of the housing market

This is the original, long version of an article I wrote for the Guardian. The published version was edited down, and appeared on 28th January. This version was written on 11th December, 2017. “If some of us grow rich in our sleep, where do we think this wealth is coming from? It doesn’t materialise out of thin air. It doesn’t come without costing someone, another human being. It comes from the fruits of others’ labours, which they don’t receive.” John Stuart Mill What has the Bitcoin...

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The financialisation of the housing market

This is the original, long version of an article I wrote for the Guardian. The published version was edited down, and appeared on 28th January. This version was written on 11th December, 2017. “If some of us grow rich in our sleep, where do we think this wealth is coming from? It doesn’t materialise out of thin air. It doesn’t come without costing someone, another human being. It comes from the fruits of others’ labours, which they don’t receive.” John Stuart Mill What has the Bitcoin mania...

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Why will people colonize space?

Noah Smith over at Noahpinion does a rundown on why Firefly doesn’t really resonate with him. I agree with his take: But in Firefly, why do we – meaning the crew of Serenity – go to space? It’s not for a higher purpose. There’s no science being done, no galaxy being saved. The show’s theme song may be about freedom, but unlike many of the people around them, Mal and his crew aren’t colonists. They aren’t going to found a new, more liberal republic on the virgin soil of a distant world....

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