From the 2008 crash to COVID: are we due for an economic transformation?
In short: Explore how the aftermath of the 2008 financial crisis and the arrival of COVID-19 shaped a world of rising inequality and economic precarity.
In this lecture, Martin Daunton examines the era of 'hyper-globalisation' and the dominance of finance that led to the 2008 global financial crisis, an event potentially as severe as the Great Depression. He explores how the response—defined by austerity and Quantitative Easing—benefited wealthy asset holders while leaving the poor to face stagnant living standards.
The presentation looks for signs of a necessary shift in economic attitudes following the period of instability that preceded the COVID-19 pandemic.
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Sources
- Summary by Intellect · source: The Global Financial Crisis and COVID... What Next?
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