Lancaster Universityâs Professor of Social Theory and Political Economy Andrew Sayer (author of the book Why We Canât Afford the Rich) and John Christensen of the Tax Justice Network.
In this monthâs Taxcast: We discuss why we canât afford the rich and challenge ideas about wealth, entrepreneurialism and investment.
Also: ten years ago the Tax Justice Network was told itâd never happen, but this month British Members of Parliament voted to stop secret ownership of companies in British Overseas Territories. The Crown Dependencies got away for now. But the pressure is on them as a UK Foreign Affairs Committee report says corrupt assets of Kremlin-connected individuals pouring in to London is a threat to the UKâs national security.
And while some of the money hidden in the Overseas Territories may flow to the United States, the EU may actually add it to their blacklist of non-cooperative jurisdictionsâ¦
Produced and presented by Naomi Fowler of the Tax Justice Network.