In this episode of Turning World, Jon Egan and Keith Hitchman are joined by Professor Peter North of the University of Liverpool to explore whether the economic systems we have inherited are capable of dealing with the challenges of the modern world.
The conversation moves from socialism and economic planning to artificial intelligence, public ownership, Nordic social democracy and the lessons of the Soviet Union.
It also asks a more fundamental question: what should an economy actually be for?
Together they explore:
• Whether socialism can offer a viable alternative economic model
• Economic planning and whether markets are always the answer
• Public control versus private ownership
• What we can learn from the Nordic economies
• What went wrong with Soviet economic planning
• Amazon, Tesco and the power of large corporations
• Whether artificial intelligence could fundamentally change the economy
• Doughnut Economics and living within environmental limits
• Universal basic services and universal basic income
• Alternative economies and social and solidarity economies
• How we might build economies that allow people and communities to live well
Peter North is Professor of Alternative Economies at the University of Liverpool. His research focuses on diverse economies, social and solidarity economies, alternative approaches to money, entrepreneurship and livelihoods, and how communities can develop different ways of organising economic life.
This is a conversation about economics, but also about something bigger: what kind of society do we want to build?
Turning World is hosted by Jon Egan and Keith Hitchman and explores politics, culture, faith and public life through thoughtful conversations that go beyond the headlines.
Produced by Opus Media.
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