ICO Radio

What has gone wrong with capitalism? It seems it has taken a wrong turn. But how? Staring at the scenes of the redundant workers leaving Lehman Brothers in 2008 – followed by all the subsequent carnage - started, for me, a decade of thinking and research and that's yet to complete -seeking Humane Economics. Like millions of other people I knew then, in my gut, that something had gone wrong. That we're working harder and longer – yet increasingly ordinary people have trouble making ends meet, and many more live in fear that their jobs could disappear at any moment. The anger over the bank bailouts was palpable. And it's not going away. My guest today is Les Leopold, his book Runaway Inequality was, for me, something of a revelation not only putting flesh onto the bones I have been discovering but giving scale to the enormity of the situation we find ourselves in post COVID. Because he not only documents, from public sources, how this inequality has been growing since the 1980s, but how that it continues to acc