Global Exploitation and Vulture Capitalism

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Grace Blakeley is an author, journalist, and political commentator. She attended University of Oxford where she graduated with a first-class honors degree in philosophy, economics, and politics. She has written for the Guardian, Tribune and the New Statesman among others, and appears regularly on television and radio, including on ITV Good Morning Britain, TalkTV and Jeremy Vine on Channel Five. She is the author of Stolen (Repeater), The Corona Crash (Verso), and her latest book, Vulture Capitalism: Corporate Crimes, Backdoor Bailouts, and the Death of Freedom.

In this episode, we focus on Vulture Capitalism. We start by talking about the most common misconceptions people have about how capitalism works. We then discuss how businesses are planned, the importance of labor movements, how companies get state support, and how countries from the global North exploit countries from the global South. We discuss what “freedom” means, and how people can democratize institutions and take back control. Finally, we talk about the current state of the world, and reasons for being optimistic.

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