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Grace Blakely
Researcher and policy commentator focused on finance, public policy and privatisation; contributor to debates on PFI and the financialisation of public services, and referenced in the episode as the invited expert guest.
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Jul 11, 2018
• 1h 37min
PFI: The Financialisation of Everything
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Grace Blakely, a researcher on finance and public policy, delves into the Private Finance Initiative (PFI) and its detrimental impact on the UK public sector. She examines the PFI's intricate workings, highlighting its promotion as a solution that ultimately prioritized corporate profits over public welfare. Blakely highlights the catastrophic collapse of Carillion as a case study of financialised failure, urging a reevaluation of public ownership models. The discussion sheds light on the cultural implications of financialisation and the urgent need for systemic change in public spending.
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