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Current Affairs

How Finance Ate The Economy - w/ Grace Blakeley

Current Affairs

Current Affairs

Comedy, Government, News, Culture, Politics

4.4645 Ratings

🗓️ 21 April 2022

⏱️ 49 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Welcome to Current Affairs. My name is Nathan Robinson. I am the editor-in-chief of Current Affairs magazine.

0:20.3

My guest today is economist Grace Blakely.

0:24.1

She previously was the economics commentator for the new statement,

0:28.4

served as a research fellow at the Institute for Public Policy Research.

0:31.5

She is now a staff writer at Tribune Magazine and the host of its World to Win podcast.

0:40.6

She is the author of two books, Stolen, How to Save the World from Financialization,

0:46.8

and most recently the Corona Crash, how the pandemic will change capitalism.

0:53.7

A review of Stolen in Open democracy says that in Blakely's

0:57.2

hands, the history of the modern capitalist economy where we are, how we got here, what's next,

1:03.1

is told with renewed clarity, novel insight, and a stirring sense of the urgency of our times.

1:11.0

Grace Blakely, thank you so much for talking to me.

1:13.6

Thank you so much for having me.

1:14.7

It's great to be here.

1:16.2

Some of us on the left shy away from the math.

1:21.0

Some of us are not.

1:24.2

You are, I would describe you as to tell me if this is unfair, a Marxist finance nerd.

1:31.4

I like that description. That's great. Yeah, that is certainly one part of my,

1:37.1

my, you know, public persona, I suppose. Well, I, you know, I don't mean nerd disparagingly.

1:43.9

Nerds are the people who are so fascinated by a topic and every in and out of it.

1:50.5

I don't want to call you a wonk because that is genuinely disparaging.

1:53.5

Yeah, of course.

1:54.3

I like nerd.

...

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