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Did globalisation kill neoliberalism? With Branko Milanović

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Manage episode 520439793 series 3670176
Content provided by Financial Times. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Financial Times or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Thirty-five years ago, the global economy could be neatly divided into market economies, socialist economies and poorer non-aligned countries. Today, that picture is rather more complicated. Western-style neoliberalism – expected to become the dominant economic system after the end of the cold war – is in retreat; socialism is no more; China has emerged as a global superpower; and formerly-poor countries in the Global South are rising rapidly – all while neoliberalism itself becomes, well… less liberal. If neoliberalism is on the way out, what will replace it? And what does the rise of Asia mean for western consumers who find their spending power dwindling? The FT’s European economics commentator, Martin Sandbu, speaks to Branko Milanović, senior scholar at the Stone Center on Socio-Economic Inequality at the City University of New York, and a visiting professor at the International Inequalities Institute at the LSE.


Further Reading


Globalisation: Where on the elephant are you? (BBC)


Branko Milanovic: ‘The forces of self-interest and technology cannot be undone’


The economic losers are in revolt against the elites


Martin Sandbu is the Financial Times's European economics commentator. You can find his articles here: https://www.ft.com/martin-sandbu


Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.


To sign up for free to the new FT Alphaville newsletter on substack, go to ftav.substack.com


Presented by Martin Sandbu. Produced by Mischa Frankl-Duval and Lulu Smyth. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

91 episodes

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iconShare
 
Manage episode 520439793 series 3670176
Content provided by Financial Times. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Financial Times or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Thirty-five years ago, the global economy could be neatly divided into market economies, socialist economies and poorer non-aligned countries. Today, that picture is rather more complicated. Western-style neoliberalism – expected to become the dominant economic system after the end of the cold war – is in retreat; socialism is no more; China has emerged as a global superpower; and formerly-poor countries in the Global South are rising rapidly – all while neoliberalism itself becomes, well… less liberal. If neoliberalism is on the way out, what will replace it? And what does the rise of Asia mean for western consumers who find their spending power dwindling? The FT’s European economics commentator, Martin Sandbu, speaks to Branko Milanović, senior scholar at the Stone Center on Socio-Economic Inequality at the City University of New York, and a visiting professor at the International Inequalities Institute at the LSE.


Further Reading


Globalisation: Where on the elephant are you? (BBC)


Branko Milanovic: ‘The forces of self-interest and technology cannot be undone’


The economic losers are in revolt against the elites


Martin Sandbu is the Financial Times's European economics commentator. You can find his articles here: https://www.ft.com/martin-sandbu


Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.


To sign up for free to the new FT Alphaville newsletter on substack, go to ftav.substack.com


Presented by Martin Sandbu. Produced by Mischa Frankl-Duval and Lulu Smyth. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

91 episodes

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