Theft or exploitation?- a review of Stolen by Grace Blakeley

Michael Roberts Blog

All our wealth has been stolen by big finance and in doing so big finance has brought our economy to its knees.  So we must save ourselves from big finance.  That is the shorthand message of a new book, Stolen – how to save the world from financialisation, by Grace Blakeley.

Grace Blakeley is a rising star in the firmament of the radical left-wing of the British labour movement.  Blakeley got a degree in politics, philosophy and economics (PPE) at Oxford University and did a masters degree there in African studies.  Then Blakeley was a researcher at the Institute of Public Policy Research (IIPPE), a left-wing ‘think tank’, and has now become the economics correspondent of the leftist New Statesman journal.  Blakeley is a regular commentator and ‘soundbite’ supporter for left-wing ideas on various broadcasting media in Britain.  Her profile and popularity have taken her book, published this week, straight…

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