26 minutes | Nov 5, 2020

Who Owns the Economy, and Who Pays for It?

On this episode Mark talks with political economist Brett Christophers. Brett’s a Professor at Uppsala University, and author of ‘Rentier Capitalism: Who Owns the Economy, and Who Pays for It?’. In the book, Brett explains how neoliberalism and financialization have led to an explosion of rent-seeking businesses in a variety of sectors, from natural resource extraction and finance, to tech and hospitality. And while it allows some companies to thrive, Brett argues that mostly it stifles innovation, hurts competition, and defangs what’s left of organized labor. In Brett’s view, this new model of capitalism is one of the key economics challenges we face. After reading his book, you might agree. You can learn more about and purchase Brett Christopher's book here: [https://www.versobooks.com/books/3683-rentier-capitalism]
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