Funding the Future

Richard Murphy
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May 8, 2025 • 9min

Is the Labour government collapsing?

Labour ministers admit that Downing Street is so controlling that they can do nothing to manage the country. How long can it last in that case?
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May 7, 2025 • 8min

Who is really screwing us?

Who is exploiting us? Large companies, banks, and landlords are, and not the people our politicians love to blame.
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May 6, 2025 • 15min

Neoliberal economics is a work of fiction

Delve into the critique of neoliberalism, where myths and falsehoods shape economic policy for 45 years. Discover the absurdity of stable consumer preferences and how these unrealistic assumptions permeate neoclassical economics. Analyze the flawed belief in human rationality and equilibrium, pushing for a reevaluation of traditional economic principles. The discussion also highlights the dangers of minimal government intervention, illustrating how neoliberal beliefs neglect pressing societal needs and exacerbate global disparities.
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May 5, 2025 • 12min

Who owns the world's national debt?

The world has national debt of more than $100 trillion - and the income from that goes to the world's wealthiest people more than anyone else.  
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May 4, 2025 • 7min

People, politics and despair

Young people, most especially, are struggling to find reasons for hope in the world neoliberal politics has created, and who can blame them?
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May 3, 2025 • 13min

A political earthquake?

Labour's been knocked for six. The Tories face oblivion. And Reform are threatening politics as we know it. Did Thursday represent a political earthquake?
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May 2, 2025 • 9min

Stock markets are mad

Despite the madness of Trump, the continuing reality of tariffs and an unsurprising fall in US GDP, stock markets have recovered their losses. This makes no sense at all. What is happening?
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May 1, 2025 • 8min

Trump, Carney, Starmer and Farage

Carney and Starmer are technocrats - stuck in the middle without ever realising there are clowns to the right of them, and no jokers, or anything else, to their left.   
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Apr 30, 2025 • 9min

Is the Bank of England really independent?

Is the idea of central bank independence all a game of smoke and mirrors designed to funnel money in the direction of the City of London? It's a question that has to be asked. 
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Apr 29, 2025 • 13min

Has Trump done for the dollar?

Issuing the world's reserve currency gives a country the advantage of not having to, in effect, pay for many of its imports. Trump has never understood that. 

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