Contributor(s): Martin Wolf, Diane Coyle, Jesse Norman MP | Democracy and capitalism are the political and economic 'operating systems' of today's high-income democracies. But how stable is the relationship between them? The answer is 'not very', since it requires a separation of power from wealth inconsistent with almost all historical experience. In his new book, The Crisis of Democratic Capitalism, Martin Wolf argues that this complex system can best be described as a marriage of 'complementary opposites'. The book analyses how this marriage happened, why it is fragile and how economic and political changes have undermined it. It concludes by asking what needs to be done in response to developments that threaten the survival of liberal democracy itself.

Contributor(s): Dr Hans Kluge | Three years of COVID-19 have exposed the fault lines in health systems across the WHO European Region and globally. The pandemic has also driven home the gross inequities that impact access to health within societies and between countries. As we embark on the 4th year of what the UN Secretary-General has labelled the worst global crisis since World War Two, it’s clear that governments and health partners need a new approach to strengthening health systems overall.

Dr Kluge avers that a dual track approach to health strategy and policy must be our new normal. Countries must prepare for the health emergencies that lie ahead, arriving faster than ever before, while, at the same time, investing in essential, everyday health services. This approach addresses this range of health challenges, requiring political commitment at the highest levels, grassroots efforts to strengthen primary health care, innovations in health such as digital health and the adoption of disciplines such as behavioural and cultural insights.

Contributor(s): Dr Ngozi Okonjo-Iweala | LSE President and Vice Chancellor Minouche Shafik in conversation with Ngozi Okonjo-Iweala, Director-General of the World Trade Organization.

Contributor(s): Vicky Pryce, Stefaan de Rynck | A close aide to Michel Barnier, Stefaan De Rynck had a ringside seat in the Brexit negotiations. In his book, Inside the Deal, which he discusses at this event De Rynck demonstrates how the EU-27’s unity held firm while the UK vacillated throughout, changing negotiators, prime ministers, their aims and tactics. From the mood in the room to the technical discussions, he gives an unvarnished account of the process and obstacles that shaped the final deal.

Contributor(s): Liam Byrne MP, Ed Miliband MP, Dr Andy Summers | Using research evidence and on-the-ground experience, they are looking at how to shape a greener economy and close socioeconomic, health and well-being divides in the UK.

Contributor(s): Marie Yovanovitch, Professor Tomila Lankina | with Tomila Lankina and Peter Trubowitz.

Contributor(s): Dr Joseph Spooner, Sara Williams | Borrowing is a fundamental part of our world, but with millions considered over-indebted before the pandemic and a deepening cost of living crisis fueled by stagnating wages and high inflation, for many the burden of debt looks only set to increase.

This month, LSE iQ asks “Do we always need to pay our debts?”, exploring the reasons people might find themselves with problematic levels of debt, the options open to those in financial trouble and how bankruptcy laws could be used more impactfully to the benefit of both individuals and society.

Jess Winterstein talks to: Dr Joseph Spooner, Associate Professor in the LSE Law School and author of Bankruptcy: the case for relief in an economy of debt, and Sara Williams, founder of debt advisory website Debt Camel. https://debtcamel.co.uk/

Contributor(s): John Alty, Geoffrey Yu, Han-Koo Yeo, Crawford Falconer, Iana Dreyer, Ignacio Garcia Bercero | The world economy is going through a phase of considerable turmoil and instability. First, globalisation seems to be reversing with an acceleration of economic disintegration among major trading powers, securitisation of global trade and investment relations within geo-economic blocks and paralysis of multilateral global governance. Second, our domestic economies are undergoing profound structural shifts in the light of the climate emergency, energy scarcity and rise of digital technologies and artificial intelligence. And third, the centre of the world economy is shifting towards the Asia and Global South. How do policy-makers see these developments? And how can states position themselves to benefit rather than lose from today’s phase of turmoil?

Contributor(s): Professor Stuart Wilks-Heeg, Alberto Parmigiani, Dr Kate Alexander Shaw | Questions over the motivation and effect of financial contributions to political parties and candidates have been a constant source of contention in the politics of democratic countries. However, difficulties accessing reliable data have often constrained research about political finance. In the UK the Electoral Commission has been recording all political donations since its foundation, with detailed information on the date, amount and type of contribution, and names of donors. This panel will discuss preliminary findings of a British Academy/Leverhulme funded study of these donations, and seek to draw broad conclusions about how British politics is funded and what we still need to know.

Contributor(s): Dr Alessio Terzi, Dr Anna Valero | Historically, industrialisation, capitalism, and affluence have contributed to the emissions that are warming the planet’s atmosphere. As humanity starts to grapple with the Herculean challenge of climate change, should economic growth be abandoned to stand a chance of success? Would this lead to a better society, especially in already rich nations, freeing them from pointless consumerism? In Growth for Good, Alessio Terzi takes these legitimate concerns as a starting point to draw the reader on a journey into the socioeconomic, evolutionary, historical and cultural origins of the growth imperative. Rather than simply stating impossibilities, the book draws a credible agenda to enrol capitalism in the fight to stave off climate catastrophe. Shelving command-and-control solutions, or the complete reliance on, the market, Terzi details a plan involving an activist government, proactive business, and engaged citizens.