Ann Pettifor on the current European financial crisis and the new MA in Economics for Transition at Schumacher College.
Ann Pettifor is a fellow of the New Economics Foundation, London, and author of books on government debt and international finance. In 2003 she correctly predicted the bursting of the credit bubble ("The Credit Crunch") in a book she edited for the New Economics Foundation The Real World Economic Outlook (Palgrave, 2003).
This video was recorded at Schumacher College.
Schumacher College is part of The Dartington Hall Trust, a registered charity, which focuses on the arts, social justice and sustainability.
For more information about Schumacher College and Dartington visit:
http://www.schumachercollege.org.uk/ and
http://www.dartington.org/
Excellent summary of the situation by Prof. Pettifor. I have long begun to wonder if we cannot hold our governments legally liable for choosing the wrong course in face of definitely available better knowledge and facts. Could it be that THEY just do not understand the facts? Ultimately no lobby group in the world profits from a total meltdown of the system. Important to understand for all of us: the financial/economic system is a mere sub-set of the geo-biosphere, which it eats from within.
Buntrabe 1 month ago