Funding the Future

Capital might be a hopeful human achievement, but capitalism has captured democracy for the few: a conversation with John Christensen

The story goes: if Britain used modern monetary theory, the bond market would revolt. The truth is the opposite. In this video, I explain why the UK government’s ability to create money, to invest in real assets, and to build a stronger economy, all of which would be enabled by modern monetary theory thinking, would make British investors in the UK more secure, not less.

Is Labour trying to lose the 2029 election? That’s what it looks like. Growth has stalled, the NHS is failing, housing promises are broken, and the public feels ignored. In this video, I explain how Rachel Reeves, Morgan McSweeney, and Keir Starmer’s Labour are pursuing a strategy that could end in political disaster.
 

Sociocide and pleonexia are not just words. They describe what’s happening in plain sight: the destruction of society by those who refuse responsibility for the common good. This video asks whether tax avoidance is sociocidal — and what we should do about it.
 

Fascists and far-right politicians define an 'other' group in society and then blame them for all its problems. I explain why this tactic is so effective – and so dangerous.

Labour members want progressive change – from scrapping the two-child cap to stopping arms sales to Israel. The leadership is ignoring them. This video asks: what is Labour afraid of, and what must change?

This video asks a simple question. Is the AI-fuelled stock-market mania echoing the dot.com crash?
I compare FTSE 100 and S&P 500 crashes, highlight that the S&P is now trading at price-to-book levels above 2000, and show how mega-cap tech stocks now represent nearly a third of the index.
Recovery after 2000 took years, cushioned by government intervention—especially in the UK. But will that happen again, or will neoliberal ideology prevail, letting zombie firms and market excess implode?
If we care about economic justice, public accountability and avoiding speculative disaster, this is urgent. A crisis could be coming.

What happens when politics dies in August? A flight of leaders to Washington that achieved nothing. Trump was flattered. Zelensky was patronised. And the rest? Ditherers. This is what neoliberalism has delivered us – a politics of paralysis.
 

Rents in the UK are out of control. In London, they now swallow more than 40% of income. Across England, it’s 36%. For millions, life is no longer about living — it’s about paying landlords.
This video explains why rent is dragging families and children into poverty, how landlords extract wealth from the poor to enrich the rich, and why rent caps and more public housing are the only way forward.

MMT describes how government spending and taxation work in fiat currency economies: no more, and no less. In this video, I explain why critics often get it wrong, why some fans overstate it, and why understanding it could change how we think about jobs, services, and growth.