#103 Rentier Capitalism: Who Owns the Economy, and Who Pays for It? w/ Brett Christophers

Politics Theory Other

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4.8 • 552 Ratings

🗓️ 28 November 2020

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Brett Christophers joins PTO to talk about his new book, Rentier Capitalism: Who Owns the Economy, and Who Pays for It? We chatted about the extraordinary dominance of monopolistic rent-seeking in the UK economy, why the concept of rentierisation is more useful and accurate than the notion of financialisation when talking about the trajectory of the UK and world economies, and we also talked about how and why entrepreneurialism and competitiveness are values that are taken up far more by ordinary people in the labour market than by UK business. You can listen to the extended version of the episode by becoming a £3 supporter on patreon: https://www.patreon.com/posts/44326998

Transcript

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0:00.0	The first cut on this record has been cross-format focused for Airplay success.
0:05.0	The men beat on their drums. I'm going to be. I'm going to I'm going to
0:21.6	I'm going to
0:23.6	the Hello and welcome to another episode of Politics Theory Other, a podcast from Tribune magazine.
0:50.4	My name is Alex Doherty and my guest today is Brett Christopher's.
0:54.0	We talked about his new book,
0:55.8	Rontier Capitalism, who owns the economy and who pays for it. We chatted about the extraordinary
1:01.6	scale of monopolistic rent-seeking in the UK economy, why the concept of rontiorisation is more
1:07.7	useful and more accurate than the notion of financialisation when talking about the
1:12.1	trajectory of the UK and world economies. And we also talked about how and why entrepreneurialism
1:17.7	and competitiveness are values that are taken up far more by ordinary people in the labour market
1:22.6	than they are by UK business. Remember that if you would like to hear the extended version of
1:27.4	today's interview,
1:28.5	you can sign up as a PTO supporter on Patreon. For £3 a month, you can get access to extended
1:33.8	versions of regular episodes, and £5 patrons also get exclusive access to episodes of
1:39.3	PTO extra, shorter interviews on current events. And if you're outside the UK, you can now also support
1:45.6	the show in US dollars or euros. Go to patreon.com forward slash poll theory other to sign up.
1:53.4	Today's show is brought to you by PTO supporters on Patreon and also by Verso Books who have
1:58.1	lots of titles that may be of interest to PTO listeners.
2:05.3	One that you might like to check out is The Corona Crash by Grace Blakely.
2:09.5	In the Corona Crash, leading economics commentator Grace Blakely theorises the epoch-making changes that the coronavirus brings in its wake.
2:14.9	Free market competitive capitalism is dead,
	...

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