

Funding the Future
Richard Murphy
Richard Murphy and occasional friends talking about everything you need to know to understand the economy, tax, finance and how we fund our future.
Episodes
Mentioned books

Jul 24, 2025 • 9min
Wealthy, or worried?
The rich aren’t just rich — they’re scared. Scared of losing face. Scared of taxes. Scared of change. In this video, I explore how the wealthy protect their status by opposing reform, hoarding money, and resisting innovation. And the cost to the rest of us? Enormous.

Jul 23, 2025 • 12min
What happens in a crash?
Crashes don’t just happen – they build, and then they tip. In this video, I explain what causes a financial crash, why we’re facing one now, and why only government – not markets – can save us from the chaos that follows. Donald Trump’s actions, market overvaluation, geopolitical shocks – any one of these could trigger collapse. The consequences? Unemployment, insecurity, spiralling debt costs. Only Keynesian counter-cyclical action can offer recovery. We need courageous government – now.

Jul 22, 2025 • 14min
Savings are dead
We spend £80 billion a year encouraging people to save – but it doesn’t fund growth, wages or investment. It just props up banks and financial markets. In this video, I explain why savings are essentially dead money and what a more effective economic strategy would look like.

Jul 21, 2025 • 14min
What are the wealthy worth?
Taxing the wealthy sounds easy. But what happens when we don’t actually know what they own or what it’s worth? In this fifth video in my series on wealth, I explore the complexity and ambiguity of wealth valuation and explain why taxing the income and gains from wealth might be the only serious route to taxing the rich more fairly.

Jul 20, 2025 • 10min
Hyperinflation? Not in the UK.
Hyperinflation is the scare story threatened by those who want to stop government spending. But it’s just that: a scare story. In this video, I explain why the UK’s strong institutions, trusted currency, and sound tax system mean we can safely create money and why the real danger is believing the lies told to stop us doing so.

Jul 19, 2025 • 11min
Wealth and exploitation: forever friends?
This video is the fourth in our series on wealth — and the second asking a crucial question: Why are the wealthy wealthy? In this episode, I expose the uncomfortable truth: extreme wealth in Britain has not been built on innovation or hard work, but on exploitation. Of land. Of people. Of law. Of monopolies. Of resources. It’s time we faced how the 1% really got rich — and what we need to do about it.

Jul 18, 2025 • 9min
London’s stock market is broken
The UK’s CBI claims the London Stock Exchange is in crisis because of tax and regulation. But that’s nonsense. The real issue? London’s stock market has stopped funding business growth. It’s now a playground for speculators, failing our economy, our pensions, and our future. In this video I explain why tax cuts won’t save it — and what real reform would look like.

Jul 17, 2025 • 22min
Why are the wealthy so wealthy?
Discover how the UK's tax system is tailored to favor the wealthy, allowing them to maintain their riches with low capital gains rates. Uncover the disparities that exist as the affluent benefit from substantial tax reliefs while everyday workers bear a heavier financial burden. Delve into the biases that preserve wealth across generations and the implications of these inequalities on the economy. This insightful discussion raises crucial questions about fairness in financial structures and the sustainability of growing wealth disparity.

Jul 16, 2025 • 8min
Is the UK really living beyond its means?
We’re told the UK is living beyond its means. But who exactly is living beyond them? It’s not schools, libraries, or the NHS. It’s not people in poverty. It’s the private monopolies and unchecked corporate profits. In this video, I explain why this narrative is not just wrong—it’s dangerous.

Jul 15, 2025 • 17min
Who are the wealthy?
Delve into the stark disparities of wealth in the UK, discovering just how much the top 1% possess compared to the average citizen. Explore the complexities surrounding the definition of wealth and the lifestyles that come with it, particularly in the upper tiers. The discussion underscores the pressing need for the wealthy to contribute more through taxes to address these inequalities. It's a thought-provoking look at societal fairness and the moral responsibilities tied to affluence.


