Why is our economy fragile?
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War does not just test armed services. It tests economies.
Right now, the UK is discovering how fragile its economic model has become. Decades of de-industrialisation, reliance on imports, financialisation and extreme inequality have left the country dangerously exposed to global shocks.
When supply chains break, when energy prices rise, or when geopolitical tensions escalate, the consequences hit the UK economy very quickly.
In this video, I explain why Britain’s economic fragility is not an accident. It is the result of policy choices made over the last forty years.
I also explain why a sovereign government has far more capacity to respond to crises than politicians often admit, and what Britain could do to rebuild economic resilience.
Because the real question now is simple: will we redesign the economy for resilience, or continue with a model that collapses when shocks arrive?