Funding the Future

Politicians love to say the government must “live within its means” – just like a household. But this analogy is completely wrong. In this video, I explain why the household analogy is economic nonsense, how it misleads the public, and how it drives damaging austerity policies. Once you understand how government really works, you’ll never fall for this trick again.

We talk about capital as if it’s only money or machines, but that’s a dangerously narrow view. In this video, I unpack the six forms of capital we should measure, protect, and value: productive, financial, human, natural, environmental, and societal. And I explain why the Politics of Care demands a complete rethink of what truly matters for a sustainable future.  

People say Rachel Reeves faces a £40bn “black hole” in the UK budget. She is hinting at tax rises — but that gap could be filled, at least in part, by collecting corporation tax already owed. In this video, I explain how billions go unpaid each year, why HMRC is fighting blind, and how three simple changes could fix the system. Honest businesses would win. Tax cheats would lose. And they would need to hit ordinary people with tax increases.  

For over 45 years, neoliberal and neoclassical economics have dominated UK policy — and failed us. These models rest on absurd assumptions about human behaviour, markets, and government. In this new series, I will dismantle their false logic, explain why they fail, and show how you can argue back with reason and evidence. Economics should serve people, not markets. Let’s take it back.

Donald Trump has slapped a 39% tariff on Toblerone from Switzerland – but this isn’t really about chocolate. It’s about a dangerous trade war targeting allies and enemies alike. In this video, I explain how tariffs work, who really pays for them, and why Trump’s economic nationalism will mean higher prices, job losses, and global instability. Fair trade matters – and this isn’t it.

The UK can’t run out of pounds any more than it can run out of inches. In this response to Gary Stevenson, I explain why money is a public good, created by the state, and why it’s wrong to claim the government is broke. That myth props up the austerity agenda. If we want real change, we must stop telling neoliberal stories—even by accident.  

Lisa Nandy says the UK needs a “bigger pie.” But the truth is, we already have enough pie. The problem is how it’s sliced—and Labour refuses to talk about that. In this video, I explain why the Big Pie Theory is economic nonsense, how growth hides inequality, and what we must do instead: redistribute, regulate, and reprioritise.  

Are the wealthy essential to our economy – or are they holding it back? In this 10th video of the series, I examine whether we need their land, their taxes, their consumption, or their ideas. And I explain why redistributing wealth could make us all better off – even the rich themselves

I’ve spent 50 years studying profit as an accountant, economist, and political economist. And here’s the truth: almost no one understands what profit really is, least of all mainstream economists. In this video, I explain why profit is not just income minus expenses, why external events matter more than you think, and why our government has no concept of capital worth preserving. This isn’t just about accounting. It’s about building a new system where people and planet come first.  

We face crises on every front—climate, inequality, insecurity. The economic models we’ve been told are “normal” have failed. So what kind of politics could work for people and planet? In this video, Richard Murphy compares socialism, social democracy, capitalism, neoliberalism, and his alternative: the politics of care. Which vision do you want for our future? Watch now and vote in the polls.