Over the past 50 years extreme wealth has accelerated. Shareholder primacy, tax avoidance, executive pay and ‘hoover up economics’ have meant that more and more money is in private hands versus government and that that private money is increasingly concentrated amongst a few individuals.
Leading economist Kate Raworth and extreme wealth expert Jake Hayman will be speaking on this critical subject, in a conversation hosted by Dr. Sunil Kumar.
Jake Hayman’s book on ending extreme wealth was meant to be in book shops six months ago. Instead it was decommissioned by its publishers for fear of backlash from wealth holders and the private wealth industry. However, 500 copies have been printed and will be available to event attendees.
The event will explore the reasons for runaway wealth concentration and the role of wealth holders, government and civil society in reversing the trend.
Meet our speakers:
Jake Hayman (@JakeHayman) founded/co-founded a number of advisory firms including the Good Ancestor Movement, The Social Investment Consultancy, Impatience Earth & Ten Years’ Time. They each support wealth holders to align their wealth with a more equitable and regenerative world.
Jake was named one of London’s ‘Most Influential’ by the Evening Standard. Previously he founded social enterprises Future First, 2027 and InHive and served on the trustee board of the Early Intervention Foundation and the Lankelly Chase Foundation.
Kate Raworth (sounds like ‘Ray-worth’) (@KateRaworth) is a renegade economist focused on making economics fit for 21st century realities. She is the creator of the Doughnut of social and planetary boundaries, and co-founder of Doughnut Economics Action Lab.
Her internationally best-selling book Doughnut Economics: seven ways to think like a 21st century economist has been translated into over 20 languages and has been widely influential with diverse audiences, from the UN General Assembly to Pope Francis to Extinction Rebellion.
Kate is a Senior Associate at Oxford University’s Environmental Change Institute, where she teaches on the Masters in Environmental Change and Management. She is also Professor of Practice at Amsterdam University of Applied Sciences.
Meet our chair:
Dr Sunil Kumar (@urban_sk) is a Lecturer in Social Policy and Development in the Department of Social Policy, LSE. Sunil researches the urban Global South, India being his primary geographical focus (South Asia more recently). His key urban research interests are: housing, landlords and tenants, labour markets and livelihoods, rural-urban migration and migrant construction workers and, forced evictions, resettlement and livelihood outcomes. His research is grounded in a critique of existing urban policy or proposed urban policies with the view to propose workable and inclusive alternative ways of addressing identified challenges.
More about this event
The Department of Social Policy (@LSESocialPolicy) provides top quality international and multidisciplinary research and teaching on social and public policy challenges facing countries across the world. From its foundation in 1912 it has carried out cutting edge research on core social problems and helped to develop policy solutions.