2023 Crisis is the new normal w/ James Meadway

James Meadway returns to discuss his predictions for the world
economy in the year ahead, and why the notion of the polycrisis -
while in some ways useful - fails to reckon with the fact that in a
world of increasingly frequent severe weather events, climate
disasters, and greater interstate rivalry, the notion of any kind
of time-bounded crisis is increasingly at odds with reality. We
talked about the prospect of debt defaults in the global south, why
mainstream economics is failing to factor the deteriorating
ecosphere into its modelling, and finally we talked about the UK
and the question as to whether or not the country is now in a
unique moment of economic decline.