Myths are sociologically important, helping us to understand the world around us. But despite their social uses, myths are fictional. When myths are used to justify and protect a harmful profit model, we all lose out.
Monopolies in financial markets — with big tech firms seated at the head of the table — are propped up by a complex web of myths and narratives, wielded by highly trained lobbyists paid to uphold a status quo that protects excessive concentrations of economic power.
In our proposed forum, we will look at these harmful myths that justify mass deregulation, enable private capital to influence public policy, and normalise the extraction of wealth from the many to benefit the few. We will we bust the myths that uphold the status quo, we will offer a new, alternative approach that benefits wider society and reclaims economic power from vested interests.
Please note that this session room has limited capacity, and attendance will be accommodated on a first-come, first-served basis
Experienced journalist with over five years of experience covering finance, markets and big tech. Before joining Balanced Economy Project, Scott served as a correspondent for the Financial Times, covering digital assets and blockchain technology. Prior to a career in journalism Scott worked in financial services regulation in Gibraltar, focusing on financial crime and anti-money laundering.
Claire Godfrey, Executive Director, Balanced Economy Project
Public policy specialist and campaign strategist with over 25 years’ experience working in international sustainable development. Claire has worked in several policy and senior positions in a number of organisations, including Oxfam, and Bond in the UK. She is a Senior Atlantic Fellow for Social and Economic Equity, hosted by the LSE’s International Inequalities Institute.
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