Humane Economics & The #CovidSpring Ep 5 - Why There’s Still No End to Increasing Poverty & ‘Runaway Inequality’ and What We Can Do About it
Release Date: 12/08/2020
S4 Ep. 4 - A Commissioner for Digital Money, A New Institution: Digital Pound Interview with Danny Kruger MP of Parliament's Treasury Select Committee
Frontier Tech Radio
At the close of the Bank of England's consultation on the Digital Pound Barry interviews Danny Kruger MP, of the UK Parliament's Treasury Select Committee, who oversee the project, discussed the deep implications of central bank digital currencies (CBDCs) on financial stability and liberty. While Danny expressed concerns about the potential negative effects, he acknowledged that he and his colleagues on the Treasury Select Committee were not experts on the topic and that there was a general perception that CBDCs were a natural evolution of the digital revolution. Barry and Danny discussed the...
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S4 Ep. 3 - Interview with Jasmine Birtles on d£ and CBDCs
Frontier Tech Radio
Summary Jasmine and Barry discussed the Bank of England's consultation on creating a digital pound. Jasmine expressed her concerns about central bank digital currencies, stating that they allow for too much control and monitoring by the government. Barry and Jasmine discussed the differences between cryptocurrencies and central bank digital currencies, with Jasmine expressing concerns about the centralized nature of CBDCs and the potential for government control over people's finances. They also talked about the impact of taxation on small businesses and the extractive nature of the economy....
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S4 Ep. 2 - Central Banks, CBDCs and the rise and rise of DeFi
Frontier Tech Radio
Barry talks to David Palmer, Blockchain Lead at Vodaphone & Jamiel Sheikh, Founder & CEO of Chainhaus - leading advisory, education, events & app studio about the rapid rise of DeFi and the advent of 'Central Bank Digital Currencies' in the week that the Bank of England announced its digital Pound project - closely following the digital Euro.
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S4 Ep. 1 - DeFi and 3D Democracy - The future landscape
Frontier Tech Radio
In this fascinating conversation with David Palmer, a visionary, who is also the blockchain lead for Vodafone, we range widely across digital transformation, including the fact that we're all increasingly cyborgs living in a digital, as well as physical environment.
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Humane Economics & The #CovidSpring Ep 6 - Fintech Tackling the Poverty Trap with Fairer Finance Hackathon Winners Finexos
Frontier Tech Radio
Fintech Tackling the Poverty Trap with Finexos' CEO/Founder Mark Fisher and Chair Steven Bone.
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Humane Economics & The #CovidSpring Ep 5 - Why There’s Still No End to Increasing Poverty & ‘Runaway Inequality’ and What We Can Do About it
Frontier Tech Radio
An interview with Les Leopold, author of ‘Runaway Inequality’ for the #CovidSpring series
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Humane Economics & The #CovidSpring Ep 4 - From Patients to Occupants: Turning the Health Service on Its Head
Frontier Tech Radio
In this episode we will be talking to another big-thinker: Andy Wilkins, founder of Vision4Health about the future of health and health services post Covid.
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Humane Economics & The #CovidSpring Ep 3 - This Time It Must Be Different
Frontier Tech Radio
Professor Ronald MacDonald is a Research Professor in Macroeconomics and International Finance in the Adam Smith Business School at the University of Glasgow. His previous positions at the University were Bonar Macfie Chair of Economics (2005-2006), and the Adam Smith Chair of Political Economy (2006-2015). He has consistently ranked in the top 1% of the IDEAS/RePec ranking of economists, and was awarded an OBE in 2015 for services to Economic Policy.
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Humane Economics & The #CovidSpring Ep 2 - Predatory Capitalism in Action
Frontier Tech Radio
Barry speaks with Rachel Neale from UK Mortgage Prisoners.
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Humane Economics & The #CovidSpring Ep 1 - An Introduction to Humane Economics & The #CovidSpring
Frontier Tech Radio
Welcome to the #CovidSpring series in which we look through the Covid winter, which we are now enduring, to the coming spring beyond the crisis and harness some of the world's finest minds to together think about what kind of world we want to create. What kind of world we want and need - in search of humane economics.
info_outlineWhat has gone wrong with capitalism?
It seems it has taken a wrong turn. But how? Staring at the scenes of the redundant workers leaving Lehman Brothers in 2008 – followed by all the subsequent carnage - started, for me, a decade of thinking and research and that's yet to complete -seeking Humane Economics.
Like millions of other people I knew then, in my gut, that something had gone wrong. That we're working harder and longer – yet increasingly ordinary people have trouble making ends meet, and many more live in fear that their jobs could disappear at any moment. The anger over the bank bailouts was palpable. And it's not going away.
My guest today is Les Leopold, his book Runaway Inequality was, for me, something of a revelation not only putting flesh onto the bones I have been discovering but giving scale to the enormity of the situation we find ourselves in post COVID.
Because he not only documents, from public sources, how this inequality has been growing since the 1980s, but how that it continues to accelerate to this day – and why. He also lays bare the mechanisms that explain why the assumption that market forces will reassert balance has proved to be wrong.
The mechanisms behind the accelerating inequalities that means that in that time the average CEO has moved from being able to own the equivalent of 45 homes, and his workers 1, to being able to own the equivalent of 829 – while his workers increasingly have little or no chance of own one.
That last statistic – the ‘Generation Rent’ one – is the most crucial one of course! Condemning a generation to a lifetime of housing and financial insecurity, given that, due to this process of financialisaton, rents continue to level-up consuming all available income, making saving near impossible.
The book explains not only why capitalism is out of balance but also will continue to accelerate inequality. Until we do something about it!
You can find his book at https://runawayinequality.org/buy-the-book/
Watch the video interview at https://youtu.be/HyVUqi1sFwA
See HumaneEconomics.co for more and to join the linear-conference and network.