The International Energy Agency has said that the world cannot develop any new oil and gas fields if we are to stop climate breakdown. Keir Starmer has promised that the UK will slash its emissions faster than ever before and his government is banning new licences to drill for fossil fuels in the North Sea. Drilling in the wild waters of the North Sea has been a major Scottish industry for decades. Now, its time may be coming to an end. But what about the people who depend on the industry for their livelihoods? What will happen to workers and communities in places like Aberdeen? And how do we square this with the need to kick our addiction to destructive fossil fuels? Ayeisha Thomas-Smith is joined by Anna Carthy, senior policy researcher at Uplift, and Mika Minio-Paluello, industry and climate lead at the Trades Union Congress, to discuss. Music: Curious by Poddington Bear (available: https://freemusicarchive.org/music/Podington_Bear/Curious/Curious/), used under Creative Commons licence: https://creativecommons.org/licenses/by-nc/3.0/. Produced by Katrina Gaffney, Margaret Welsh and James Rush. The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

The Autumn Budget was the most significant since George Osborne implemented austerity in 2010. Rachel Reeves announced one hundred billion pounds for infrastructure, forty billion in tax rises and a whole host of policy changes, which she hopes will deliver Labour’s mission of national economic renewal. But what does an extra hundred billion pounds mean for the UK? Are we finally taxing the wealthy properly? And has the chancellor gone far enough to rescue our public services? Ayeisha Thomas Smith is joined by economist James Meadway and NEF Director of Policy Hannah Peaker to discuss. Music: Caterpillar Tunnel by Poddington Bear (available: https://freemusicarchive.org/music/Podington_Bear/Curious/CaterpillarTunnel/), used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/. Produced by Katrina Gaffney, Margaret Welsh and James Rush. The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

By the time this episode comes out, the new Labour government will have been in charge of the country for one hundred days. So what do we know about how they’ll run the economy? Can they rescue our threadbare public services while promising a tight grip on government spending? And will their focus on growth deliver real change for those who need it most? Ayeisha Thomas-Smith is joined by Aditya Chakrabortty, senior economic commentator at the Guardian, and Ailbhe Rea, associate editor at Bloomberg UK, for the first episode in a new series of the New Economics podcast. ....... Music: Gathering by Poddington Bear (available: https://freemusicarchive.org/music/Podington_Bear/Encouraging/Gathering/), used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/. Produced by Katrina Gaffney, Margaret Welsh and James Rush. The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

A few weeks ago, far-right rioters gathered outside a hotel hosting asylum seekers in Rotherham and tried to set it on fire. Across the country this horrific act of violence was replicated, as mosques, libraries and people driving home from work came under attack. But in the face of this racist and Islamophobic violence, people gathered to protest the presence of the far right in their communities and to rebuild after the attacks. It was people showing solidarity with their neighbours which ultimately seemed to stem the riots. As the dust settles on the violence, how do we combat the rise of the far right? Are economic deprivation and austerity to blame for that week of violence? And can communities come together to combat racism and Islamophobia? For a one off special episode of the podcast, Ayeisha Thomas-Smith is joined by Minnie Raham, Chief Executive of Praxis, and Abi O'Connor, researcher at NEF. Find out more about: Praxis: https://www.praxis.org.uk/ Green and Black Cross: https://greenandblackcross.org/ Music: What happened in the past doesn't stay there by Lee Rosevere, Free Music Archive: https://freemusicarchive.org/m... used under Creative Commons licence: cre​ativecom​mons​.org/​l​i​c​e​n​s​e​s​/​b​y​-​n​c​/4.0/.

In the recent European elections, the far right won unprecedented gains. From the success of the AfD in Germany, to Le Pen’s National Rally in France, the elections saw nationalist and eurosceptic parties sweep up nearly a quarter of the seats in the European parliament. In the UK, the next general election is just days away. Voters will be heading to the polls against a backdrop of decades of economic failure, crumbling public services and a cost of living crisis that has left more than four in 10 households unable to afford life’s essentials. But you wouldn’t know it from the way a lot of our political leaders are talking. Voters are being told, yet again, that times are tough, government spending power is weak, and there is no magic money tree. Oh, and of course, it really is time to crack down on migration, once and for all. So, how can we understand the promises, or lack thereof, of the people vying for our votes, within a broader context of political upheaval across Europe? In a time of such great need, why are Labour and the Conservatives offering so little? And as the dust settles on the European elections, is the UK really an anomalous country leaning the left, while our continental neighbours lurch rightward? This week, Ayeisha Thomas-Smith is joined by Yanis Varoufakis - economist, academic, formally Greece’s finance minister, and author of a number of critical books, the latest of which is Technofeudalism: What Killed Capitalism. They discuss: how do we build a Pan-European progressive movement that can win? ....... Music: Melting Ground by Jangwa, used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/. Produced by Amy Clancy, James Shield, Margaret Welsh and James Rush. The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

We live under an invisible ideology. It tells us that we are not citizens but consumers. That intervening in the free market compromises our freedom. That we are all millionaires-in-waiting - and if we are struggling to make ends meet, then we only have ourselves to blame. This is capitalism on steroids. But few of us can even identify the doctrine we live under. It’s called “neoliberalism”, and it’s been the dominant economic ideology for the past four decades. So what does this ideology have to tell us about the world? How is neoliberalism shaping our democracy? And what has almost half a century of neoliberalism done to our lives? Ayeisha Thomas-Smith is joined by George Monbiot, journalist and co-author of the new book The Invisible Doctrine: the secret history of neoliberalism, to discuss: how do we tell a new story about neoliberalism? ....... Music by Inaequalis is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International License: https://creativecommons.org/licenses/by-nc-sa/4.0/ Produced by Amy Clancy, Margaret Welsh and James Rush. The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent or NEF. New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

In February, the prime minister warned that “mob rule is replacing democratic rule” in the UK. He encouraged police to take action on pro-Palestine protests which, he said, had descended into “intimidation, threats, and planned acts of violence”. Over 50 organisations responded by accusing this government of placing draconian restrictions on the right to protest. A UN expert has claimed that before the 1930s, it was almost unheard of for peaceful protesters to be imprisoned in the UK. But last year two climate protestors who scaled a bridge on the Dartford Crossing received the longest sentences for peaceful protest in modern British history. Are we witnessing a protest crackdown? Why are politicians referring to some protest groups as “extremists” and “militants”? And how can we defend the right to protest? Ayeisha Thomas-Smith is joined by Akiko Hart, Director of Liberty, and Audrey Cherryl Mogan, Criminal Defence and Civil Liberties Barrister. ....... Music by Aldous Ichnite, used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/. Produced by Amy Clancy, Margaret Welsh and James Rush. The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

Three years’ ago, the Conservative Party celebrated their best local elections performance since 2008. But after last week’s local elections in England and Wales, the Telegraph called the results a “dire day” for the Conservatives. Now that the dust has settled, we’re taking a closer look. Local elections aren’t just about Count Binface and potholes. With the next general election creeping ever closer, journalists and political wonks were watching these elections like hawks. So who were the big winners and losers? Has the rise of metro mayors increased democracy in England? And what does this all mean for the next general election? Hannah Peaker is joined by joined by Dr Abi O’Connor, senior researcher at the New Economics Foundation and Jack Shaw, fellow at the Bennet Institute for Public Policy. ------- Music: Thoughtful by Lee Rosevere, Free Music Archive: https://freemusicarchive.org/music/lee-rosevere/music-for-podcasts-playful/more-questions-than-answers/, used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/. Produced by Katrina Gaffney, Margaret Welsh and James Rush The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

Almost three million people in the UK are unemployed and unable to work because they are ill or disabled. According to the right-wing media, these people aren’t nearly as unwell as they claim. Meanwhile a UN committee warned that disabled people in the UK are subjected to a “traumatising” benefits system. We have a social security system that’s been stripped to the bone and millions of people are struggling to afford the essentials as a result, yet both of the main political parties are desperate to be seen as “tough on benefits”. So what’s gone wrong with our social security system? Why are politicians so intent on alienating those who rely on it? And how can we build a system that gives everyone the support they need? Ayeisha Thomas-Smith is joined by Kaliya Franklin, freelance disability policy expert and campaigner, and Mikey Erhardt, campaigner at Disability Rights UK. ------- Music: Thoughtful by Lee Rosevere, Free Music Archive: https://freemusicarchive.org/music/lee-rosevere/music-for-podcasts-serious/thoughtful-2/, used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/. Produced by Katrina Gaffney, Margaret Welsh and James Rush The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

Britain’s favourite broadcaster David Attenborough once said: “Anyone who thinks you can have infinite growth in a finite environment is either a madman - or an economist.” But our political leaders don’t seem to agree. Both our major political parties have made growing the economy a key metric for their success in government. So what is economic growth? How did it become so central to our understanding of the economy? And should we really be striving for infinite growth on a finite planet? Ayeisha Thomas Smith is joined by Kate Raworth, economist and author of Doughnut Economics, and Michael Jacobs, professor of political economy at the University of Sheffield. ------- Music: Under Suspicion by Lee Rosevere, Free Music Archive: https://freemusicarchive.org/music/lee-rosevere/music-for-podcasts-serious/under-suspicion/, used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/. Produced by Katrina Gaffney, Margaret Welsh and James Rush The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

We’re waiting longer than ever for hospital appointments, our kids’ schools are literally crumbling, and homelessness has sky-rocketed in the past year. This week’s spring budget was a vital chance for chancellor Jeremy Hunt to respond to the huge problems our country is facing. But instead of trying to fix any of our problems, the chancellor announced a cut to national insurance that will benefit the richest households twelve times more than the poorest. So what do Jeremy Hunt’s announcements mean for people across the UK? Why are the opposition talking about maxed out credit cards? And what needs to happen to save our public services and boost living standards for all? Ayeisha Thomas Smith is joined by Hannah Peaker, director of policy at the New Economics Foundation, and Lydia Prieg, head of economics at the New Economics Foundation ----- Music by Podington Bear, used under Creative Commons licence: creativecommons.org/licenses/by-nc/3.0/. Produced by Katrina Gaffney, Margaret Welsh and James Rush The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254