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Remaking the Real EconomyEscaping Destruction by Organised Money$
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Gordon Pearson

Print publication date: 2020

Print ISBN-13: 9781447356585

Published to Policy Press Scholarship Online: May 2021

DOI: 10.1332/policypress/9781447356585.001.0001

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PRINTED FROM POLICY PRESS SCHOLARSHIP ONLINE (www.policypress.universitypressscholarship.com). (c) Copyright Policy Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PPSO for personal use.date: 26 January 2022

Resulting profound wrongs, destructions, inequalities and frauds

Resulting profound wrongs, destructions, inequalities and frauds

Chapter:
(p.41) 3 Resulting profound wrongs, destructions, inequalities and frauds
Source:
Remaking the Real Economy
Author(s):

Gordon Pearson

Publisher:
Policy Press
DOI:10.1332/policypress/9781447356585.003.0003

Judt’s opener to ‘Ill Fares the Land’ is noted, that there is something ‘profoundly wrong with the way we live today’. That is the result of domination by neoclassical belief promoted by organised money. This chapter is not an exhaustive list of wrongs – that would take many such volumes - but examples various wrongs which demonstrate the depths and possibilities of such destructive results. They note the culture of casual dishonesty which allows the corruption of real economy organisations, the acceptance of conflicts of interest, the focus on extraction of value rather than its creation, the ready acceptance of tax evasion and energetic tax avoidance through the system of tax havens, the fraud and criminality which appears to be accepted as simply part of doing business, the gross and unjustified inequalities of wealth and income and, most important of all, ecological destructions.

Keywords:   financialised culture, casual dishonesty, tax evasion, tax havens, ecological destruction

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