icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

The finance curse

Finance good, big finance better and biggest finance best.

This subtle mantra has bounced around developed economies for decades and has almost entirely captured politicians, the media and the public.

Countries have fallen over themselves to attract financial corporates to their shores to ‘create wealth’. But recent studies have shown that financialization actually extracts wealth, hollows out an economy and drives inequality.

Host Ross Ashcroft is joined by author Nick Shaxson to ask if it is finally dawning on us that what has been sold to us as a blessing is actually a curse?

LIKE Renegade Inc. on Facebook here

FOLLOW Renegade Inc. at @Renegade_Inc

Podcasts