Intelligence Squared

It’s been ten years since we saw suddenly unemployed Lehman Brothers bankers carrying their possessions out of their offices in boxes; since whole neighbourhoods in suburban America turned into empty ghost towns; since the British and American governments pumped trillions into the banking system, saving some institutions and abandoning others. The crash of 2008 and 2009 shook the very foundations of modern capitalism. So where are we today? Although we may have been spared a second Great Depression, post-crisis productivity has flatlined and the last decade has seen Britain’s worst pay squeeze since the nineteenth century. And according to some, the seeds of today’s political upheavals, from Brexit to Trump to the Corbyn surge, were sown during the 2008 crash, which irreparably damaged public trust in the establishment and its institutions. To look back at this critical moment for the global economy and examine its repercussions today, Intelligence Squared brought together a panel of the country’s top economi