Albena Azmanova for Age of Economics - Full interview

Age of Economics: in the first part of this project a diverse group of global thinkers answers 8 fundamental questions about economics and capitalist civilization. (Interview number 15)
0:00 - Prologue
01:10 - Intro
01:27 - 1. Why does economics matter?
04:36 - 2. What are the differences between economic science and economic engineering?
14:44 - 3. What role does economics play in society? Does it serve the common good?
16:12 - 4. Economics provides answers to problems related to markets, efficiency, profits, consumption and economic growth. Does economics do a good job in addressing the other issues people care about: climate change and the wider environment, the role of technology in society, issues of race and class, pandemics, etc.?
18:57 - 5. As we live in an age of economics and economists - in which economic developments feature prominently in our lives and economists have major influence over a wide range of policy and people - should economists be held accountable for their advice?
23:23 - 6. Does economics explain Capitalism? How would you define Capitalism?
29:25 - 7. No human system to date has so far been able to endure indefinitely - not ancient Egypt or Rome, not Feudal China or Europe, not the USSR. What about global Capitalism: can it survive in its current form?
36:26 - 8. Is Capitalism, or whatever we should call the current system, the best one to serve the needs of humanity, or can we imagine another one?
About Albena Azmanova
Bulgarian. Scholar, author, sociologist, Associate Professor at the University of Kent’s Brussels School of International Studies
Albena Azmanova has written extensively on the transformation of capitalism and the rise of new ideologies, social conflict, judgment and justice, rule of law and democratic transitions. In her latest book, Capitalism on Edge (2020) she explores the possibility of radical social transformation without the help of crisis, revolution or utopia. She is currently Associate Professor in Political and Social Thought at the University of Kent’s Brussels School of International Studies, and has held academic positions at the New School for Social Research in New York, Sciences Po. Paris, Harvard University, and the University of California, Berkeley. Dr Azmanova has worked as a policy advisor for a number of international organisations, most recently, as a member of the Independent Commission for Sustainable Equality to the European Parliament.
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Interview by Fabio Dondero and Julian Karaguesian
Music: J.S. Bach, from The Well-Tempered Clavier. Kimiko Ishizaka, piano. Video by Fabio Dondero

[@eroceanos]

very interesting! Precarity results in fear and fight flight behaviour... hence populism... makes sense. There is also a new precarity: ecological. People start to sense that the system is unsustainable. These are difficult times.