Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss how the international financial system traps Global South countries in debt, reinforcing a neocolonial system. They explore the impact of the global financial system on developing countries, the role of debt in global power dynamics, the emergence of alternative financial structures, and the need for rethinking the global financial system. They also discuss the rise of fascism and the choice between fascism and socialism as societies face the failure of liberalism.

Climate policy experts Ann Pettifor and environmental advocate Adrienne Buller discuss the absence of climate action in the UK election campaign. They analyze the Labour Party's shift on the Green New Deal, the Conservatives' abandonment of climate commitments, and the need for political leadership on environmental policy. The conversation delves into challenges in implementing effective climate policies, considerations in Labour's climate policy, and the role of international cooperation in addressing the climate crisis.

Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss the growing third world debt crisis, origins of the crisis, concerns about commercial real estate, debt repayment challenges, Wall Street's influence, and the current debt crisis and its specificity.