People’s Philosophy, Politics and Economics Presents:
February 23 2016, The Round Chapel, Hackney.
“A Hitchhiker’s Guide to Economics”
How did we get here? And how can we get out of this mess? Hitch a ride with us through the topsy-turvy world of contemporary economics – no prior knowledge required!
2:45 Introduction from People’s PPE Organisers
7:35 Ann Pettifor
22:20 Yanis Varoufakis
39:20 Mufti Abdul Rahman
Question and Answers
47:00 “According to the government, the UK is experiencing full employment. Yanis, does this show austerity is working, and is it working in Europe and Greece?”
50:20 “Yanis, you have asked for more democracy in Europe. We come to events like this to learn – but what can we practically do?”
53:10 “What is Corbynomics, and is it a viable option?”
55:38 “If Deutsche Bank presents a systemic risk to our economy, and people are worried about a future collapse – why are the stock markets still doing so well currently?”
58:48 “What is Corbynomics?” (Ann Pettifor’s response)
1:02:17 “Would nationalising banks offer a solution to the current financial crisis?”
1:05:24 The following questions were taken together:
“What is the technical role of institutions, and what role should governments take in orienting Economics into political priorities?”
“If interest in Islamic banking is forbidden, how do the trillions in Islamic banking operate within the same galaxy – or is it in a parallel universe?”
“Given the first speaker spoke strongly against the creation of money out of nothing, which is interest, then regardless of your religious choices in life, is an Islamic Bank account the most ethical?”
1:09:45 Mufti Abdur Rahman responds to questions on Islamic Banking.
1:13:01 Ann Pettifor responds to the questions on the technical role of institutions.
1:14:51 Ann Pettifor responds to question on Islamic Banking and stakeholder banking.
1:16:21 Ann Pettifor responds to comment with regards to local cuts, and how to mobilise effective support for a political programme?
1:19:38 “How can we build a new international campaign, like the Jubilee Debt Campaign, against tax havens? And how do faith groups fit into that campaign as we build a broad global alliance against tax havens?”
1:24:40 “What is the single most important piece of Economic advice that you could give to Jeremy Corbyn to improve people’s trust in his policies?”
1:26:50 Closing remarks
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