Macrodose - Inflation, austerity and the wage-price spiral

Politics Theory Other

News

4.8 • 551 Ratings

🗓️ 23 November 2022

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

On the first episode of Macrodose James Meadway breaks down the the OECD warning that the UK’s growth prospects are the worst of all the G7 countries (1:06); the austerity 2.0 measures of Rishi Sunak’s government (6:05); and the new IMF report on inflation, which debunks the idea that advanced economies, like the UK, are experience rising prices due to an increase in worker pay (13:05).

Transcript

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0:00.8	Hello and welcome to Politics Theory Other.
0:03.9	The following is the first episode of Macrodose, a new weekly podcast from James Medway
0:08.9	that PTO is pleased to be supporting and partnering with.
0:13.1	Every Wednesday, James will be bringing you a 15-minute update on the key economic
0:17.4	stories making the news and the analysis you need to make sense of them.
0:22.1	The show seeks to chart our way through these turbulent times and build a vision for a just,
0:26.9	sustainable and progressive future.
0:30.4	Today's show is brought to you by Verso Books, who have lots of excellent titles,
0:34.3	including Towards a Green Democratic Revolution, Left Populism and the
0:39.2	Power of Affects by Chantal Mouf. How can the left deal with the economic, social and ecological
0:45.7	crisis that the pandemic has brought to the fall? In her new book, Shantel Mouf proposes the creation
0:52.1	of a broad coalition of movements under the banner of a green
0:56.0	democratic revolution. This entails the protection of society and its material conditions
1:01.8	in a way that empowers people instead of making them retreat in a defensive nationalism
1:07.0	or in a passive acceptance of technological solutions.
1:17.3	Towards a Green Democratic Revolution, left populism and the power of affects by Chantelle Mouffe,
1:21.3	is out this month and part of the Verso Book Club November Reading.
1:25.8	You are now listening to Macrodocuse. Macrodoze.
1:30.8	Good morning and welcome to MacroDose, a brand new podcast hosted by me, James Meadway,
1:35.5	that brings you your weekly fix of everything economics in a quick 15-minute roundup.
1:40.5	Each Wednesday morning, we'll bring you the key stories making the news and the analysis
1:43.9	you need to make sense of them.
	...

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