Unpacking Corbynomics and Fiscal Realities

This chapter examines the foundational concepts of Corbynomics, focusing on the Labour Party's fiscal credibility rule and its deviation from original economic visions. The discussion features a critical analysis of fiscal and monetary policies through historical examples and current economic theories, urging listeners to reconsider prevailing views on government debt and spending. Emphasizing the impact of monetary policy and the necessity for democratic oversight in economic governance, the speakers challenge Labour's approach and advocate for a reformed understanding of fiscal responsibility.