Normal 0 false false false MicrosoftInternetExplorer4 Money is currently produced by a ‘public-private partnership’ between the state and the financial sector, a partnership whose nature remains obscure to the great majority of the population. Is another distribution of knowledge – and hence of po
To mark the publication of Ann Pettifor's e-book, Just Money: How Society Can Break the Despotic Power of Finance, OurKingdom are running a series of articles that explore the nature of money and the politics of the financial system. Here Pettifor launches the series and introduces some of its key
We may be in the early phase of a slow-moving revolution, which will only be perceptible in hindsight. As projects within these five pillars emerge, the infrastructure, norms and cultural acceptance for a more connected, creative, open financial system may begin to emerge and coalesce into reality
It is now 5 years since the banking crash but its effects are still with us. What exactly happened, what has the world done about it, and is there anything to stop something similar happening again?
The recession has caused a great deal of strife across Europe, but what innovative new strategies should we be paying attention to that are reversing the economic effects of our current state?
UK inflation at 5% is considered almost a victory by the economic managers of the nation. Yet it is a blunt instrument with strong redistributive effects. So what is a well-managed currency, and can we have an honest political discussion about it?
Money that is entirely created by government fiat celebrated its 40th birthday this summer. Are the inflation hawks mad to think it might not survive the crisis?
Roger Scruton (Unreal Estates) argues for a remoralised economy in response to Europe's debt crisis. But this is fully consistent with a strong defence of the Euro, of strong central action against speculators and of political reform and rejuvenation of Europe's institutions
Financial regulation in the wake of the credit crisis is a simpler matter than the re-moralising advocated by Roger Scruton (Unreal Estates). Simply return to the regulatory environment pre-1999 and press on with transparency in markets
The fictions of finance gives us freedom to change what might seem like externally determined constraints; but we certainly need political systems that are better at exercising that freedom. A reply to Roger Scruton's Unreal Estates
The legal fiction of the "corporate person" has helped economic growth through making possible limited liability, fractional reserve banking, insurance and many other fictions. But it has also made it easier to divorce the moral realities of debt and obligation from economic fictions. The endless