EP 357 - As COP 29 draws to a close in sunny, oil rich Azerbaijan we revisit our spirited conversation with political economist Grace Blakeley. We talk about Green New Deals and why we need to restore faith in democracy above all else.

Grace makes a compelling point that dealing with Climate Change shouldn’t be put on the shoulders of individuals but those of institutions and businesses, as only they can affect the systemic changes required.

We discuss how investing money in fixing problems now will pay for itself in the long run (it worked after WWII after all) and how community wealth building offers a credible alternative to the idea of “stakeholder capitalism”.

Spoiler alert - Grace is not a fan of stakeholder capitalism.

Chapters:

00:00 BWB with Grace Blakeley

02:10 Meet Grace

02:44 Climate Change and the Green New Deal

06:25 Economic Inequality and Political Disconnect

16:33 Taxation and Wealth Distribution

24:31 Community Wealth Building: The Preston Model

25:59 Stakeholder Capitalism: Myth or Reality?

31:35 Introduction to the Grace's Career

31:54 Writing and Media Appearances

32:17 Grace's New Book: Vulture Capitalism

32:55 Career Journey and Early Experiences

34:03 Long-Term Goals and Challenges of Writing

36:03 Grace's Upcoming Projects

37:13 Biggest Mistakes and Lessons Learned

38:23 Passions Outside of Work

40:28 Advice and Reflections

45:53 Quickfire Round - Get To Know Grace

52:05 Wrap Up

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