Global finance, China and the next crash: Walden Bello in conversation

Global finance, China and the next crash: Walden Bello in conversation


When: October 3, 2019

When: Thurday, 3 October 2019.
19:00 – 21:00

Where: St Luke’s Community Centre,
90 Central Street, London EC1V 8AJ

About this Event

Join us for this public discussion with activist and public intellectual Walden Bello in conversation with James Meadway. Walden Bello has been a leading figure of progressive movements in the Global South for over 20 years. Awarded the Right Livelihood Award (Alternative Nobel Prize) for his work exposing the realities of globalization, he has taken on the WTO, was a co-founder of Focus on the Global South, and has consistently shone a light on the economic system that is at the root of our current crises – climate, inequality, unjust trade and financial collapse.

In this rare opportunity to hear him speak in the UK, Walden will be discussing his new book: Paper Dragons: China and the Next Crash. In it, he traces the recent history of financial crises from the bursting of Japan’s ‘bubble economy’ in 1990 to the 2008 crash in the UK and across the world, including the ramifications – rising inequality and increasing stresses along multiple global faultlines.

He not only shows how China might be the site of the next crash, where a bloated real estate sector, roller-coaster stock market and rapidly growing shadow banking sector could be creating a perfect storm; but how under the current global economic model of neoliberal capitalism, crises will continue.

Walden also served as a member of the House of Representatives in the Philippines, has authored and co-authored over 25 books, and was named Outstanding Public Scholar in 2008 by the International Studies Association.

James Meadway is a former advisor to Shadow Chancellor John McDonnell. Previously, he was the Chief Economist at the New Economics Foundation and is currently writing a book on an economy for the many.

This event is for anyone who wants to understand how the current dominant economic system underpins the multiple crises we are facing in climate, trade and beyond, and how we can and must join up with wider global movements to challenge it.

A public event organised by Global Justice Now, Jubilee Debt Campaign and the Trade Justice Movement