The Left Behind - Is the UK now the most unequal country in the world? - Sir Paul Collier

18/08/2024 1h 10min Temporada 1 Episodio 49
The Left Behind - Is the UK now the most unequal country in the world? - Sir Paul Collier

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Episode Synopsis

Who are the Left Behind? Whose Fault is it? and has the UK become the most unequal high income country in the world?Sir Paul Collier, Professor of Economics & Public Policy at the University of Oxford, discusses the systematic destruction of the North of England, the causes of rising social unrest, the difficulty in stopping the downward spiral, and commonalities found in communities that have managed to recover.World-renowned development economist Paul Collier has spent his life working in neglected communities and lays the blame for widening inequality on old fashioned neo-liberal economic idea's that prioritise market forces and a one-size-fits-all approach of centralised bureaucracies like the UK Treasury. As a result of these policies, Paul argues that the UK has become the most unequal and unfair society in the western world. Buy The Left Behind on Amazon here:Kindle: https://amzn.to/3X82NLrHardcover: https://amzn.to/3YKrVcn00:00 Who are the Left Behind?09:45 Milton Friedman, Neoliberalism, Thatcher, Reagan12:30 The Free Market18:50 Helmut Kohl and German Reunification27:35 Development Banks and How to Recover30:53 Income Inequality and falling wages33:28 London - Shackled to a Corpse38:00 North Sea Oil, the UK Treasury and Whitehall41:00 Morality, Ethics and Political Decision Making49:30 Housing Shortfalls, Ireland and the UK55:35 Taxation, Decentralisation and Solutions1:05:30 Labour, Reform, Keir Starmer and Recovery Hosted on Acast. See acast.com/privacy for more information.

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