Why the distribution of wealth has more to do with power than productivity

According to a new OECD working paper, Britain is one of the wealthiest countries in the world. Net wealth is estimated to stand at around $500,000 per household – more than double the equivalent figure in Germany, and triple that in the Netherlands. Only Luxembourg and the USA are wealthier among OECD countries. On one level, … Continue reading Why the distribution of wealth has more to do with power than productivity

New eBook: New Thinking for the British Economy

This article introduces my new eBook, 'New Thinking for the British Economy', and was originally published at openDemocracy. Western political economy is in a period of upheaval. Neoliberalism – the set of economic ideas and policies that have dominated politics for the past 40 years – is rapidly losing legitimacy in the face of multiple … Continue reading New eBook: New Thinking for the British Economy

Prosperity and justice: a new vision for Britain’s economy

Britain’s economic model is broken and needs to be radically overhauled. In 2018, this is not a controversial statement. But when the messenger is one of the UK’s most influential think tanks, backed up by voices as diverse as the Archbishop of Canterbury, the Global Managing Partner of McKinsey and Company, and the General Secretary … Continue reading Prosperity and justice: a new vision for Britain’s economy