38. Lord Adair Turner on the viability of capitalism

Lord Turner is the former Chair of the Energy Transitions Commission, a think tank dedicated to fighting climate change through public policy. He is a senior fellow, and former chair, of the Institute for New Economic Thinking, the organization affiliated with Jayati Ghosh from our previous episode. He has held numerous high positions at multinational corporations such as McKinsey, Chubb, and many more. He has given numerous lectures at prestigious schools such as the London School of Economics and MIT. He is the author of two books: "Economics after the Crisis" and "Between Debt and the Devil." Both are sobering analyses of current macroeconomic trends. We discussed the current state of capitalism, how policy from the ’80s contributes to today’s inequality, and why liberal policies don’t always work the way they are intended. To check out more of our content, including our research, visit our website: https://www.hgsss.org/