The Breakdown of the Global Economic Order and What Comes Next with Ann Pettifor

Wednesday May 21st
Doors & drinks 6.30pm; Talk starts 7pm

Or "Globalisation and Balshazzar’s Feast"

What does the ‘invisible hand’ portend for the US dollar and financial markets? Is the writing on the wall? How can we transform the system?

There is widespread recognition that the increasingly lawless global financial system is unstable, and like the ecosystem, prone to failure. Yet economists and investors remain bullish.

In this talk, international political economist Ann Pettifor will explore the deep flaws of a global system that marketises and deregulates the social technology we call money; denationalises finance and thereby threatens financial crisis, while declaring ‘there is no money’ to address climate breakdown.

The system and its flaws are well understood. We have been here before. We know how to fix the system, and we know how to mobilise the finance needed for transformation. We face constraints but they are not financial or monetary constraints. The only real constraints are ecological, and the other real resources – public understanding, labour, the earth’s resources and infrastructure – needed to meet humanity’s collective needs.

Ann is best know for predicting the global crash of 2007 and co-authoring the first Green New Deal report in 2008. She has written extensively on the power and politics of the international system and its impact on the world's people and ecosystems.

Her talk will be followed by supper and discussion.

Kairos, 84 Tottenham Court Road, London W1T 4TG

Doors open at 6.30pm for drinks. Talk and discussion starts at 7pm.

£8 Kairos Club Member, £15 Non-member, £10 Struggling financially, £20 Supporter, £8 Under 25. Food complimentary.

Before requesting a discounted ticket, please consider sincerely: Are you struggling to meet your basic needs? Would you have to make a genuine sacrifice to buy a full priced ticket? Do you have reduced earnings through a lifestyle choice or rather because you're dedicating your time to unpaid work relating to the climate and nature crises or as a result of structural inequality?

You can find our returns policy here.