Today in parliament I spoke up in the King’s Speech debate on the topic of securing high, sustained economic growth in every part of the country.
I told the House that unless we are prepared to tax more wealth, deal with the imperial legacy of Britain’s global tax havens and challenge corporate power, we will never be able to fix our broken economy.
With housing, energy and water privatised, nearly every aspect of our lives in the last 50 years has become financialised. This has left millions of our constituents in poverty.
This financialisation is not a new phenomenon, our experience of austerity is not too dissimilar from the Caribbean experience of Structural Adjustment Programs.
Watch part of my speech below.