Bonkers Economics

@martinwhitlock.bsky.social

Bonkers Economics unpacks the structural flaws in the UK economy. From the housing crisis to financial extraction, using visuals that make complex ideas impossible to ignore. https://www.youtube.com/@BonkersEconomics bonkerseconomics.net

Why "Bonkers Economics"? Potholes that never get fixed. Hospital waiting lists. Rents eating half your income. Sewage in the rivers. 80,000 people waiting for a day in court. I try to explain what's happening with a series of images and video. www.youtube.com/@BonkersEcon...

Bonkers Economics

The UK is so rich on paper, and yet unable to meet so many of our basic needs. Once the ‘workshop of the world’, our economy has shifted from productive to extractive: instead of creating real…

youtube.com

Wealth = the things that actually meet human needs (food, housing, healthcare, education) and our capacity to keep producing them. Not the price tag. It's part of what I'll be talking about at HGF's Open Day in London on Sat 12th Sept.

If every bank balance in the country doubled overnight, would the country be richer? No - not unless more actually got produced. Money ≠ wealth. Writing about this ahead of my HGF Open Day talk on 12 Sept. I'll be explaining this new image this week.

Bild

Ahead of my talk at HGF's Open Day in London (Sat 12 Sept), I wrote a short piece on a question worth asking properly: what actually IS wealth and why do we keep confusing it with money? Starting point for what I'll be talking about on the day. thehenrygeorgefoundation.substack.com/p/what-is-we...

What is Wealth? (and Other Important Questions)

Martin Whitlock previews his forthcoming talk at the HGF Open Day in September

thehenrygeorgefoundation.substack.com

The £24 billion question — bonkerseconomics.net/the-24-billi... With the banks reporting massive profits, here's my image to remind us of the good things that a government could do with some of that money. And still leave the banks with a healthy profit too...

Bonkers Economics: The £24 Billion Question

The profits of the big UK banks could fund many of the government's key social priorities, and still leave plenty left over for shareholders.

bonkerseconomics.net

The image, explained: each shape = 20 years of UK economic history. 1966–86: wages kept pace with wealth. 1986–2006: wealth boomed, wages kept up-ish. 2006–26: wealth boomed again, wages barely moved. That's the shrinking gap you saw.

12 of 12. Done. Twelve weeks. Twelve images. One argument, built from the first episode to this one. Thank you to everyone who watched, shared, argued, and kept coming back. The series existed because you engaged with it. A new series is coming. The conversation continues.

Bild

The economy is not broken by accident. It has been built, piece by piece, decision by decision, over decades to do exactly what it does. Move money toward the already wealthy. Reward extraction over production. Make the accumulation of money the measure of success, and call it growth.

BildBildBildBild

The series is finished. 12 images. 12 reasons. One argument. The economy isn't broken by accident. It's been structured, through decades of policy decisions, to reward the movement of money over the creation of wealth. That can be changed. Policy choices can be different choices.

Bonkers Economics | Home

Discover why the UK economy is failing. Explore powerful images and stories revealing how wealth accumulation at the top harms society.

bonkerseconomics.net

There's something in the CEO pay image that goes beyond the numbers. 40 years ago, there was a shared sense of purpose in a lot of economic activity. People in a car factory knew they were making cars. Everyone (management, workers, unions) was oriented toward the same thing.

The series is complete. Here is the argument it made, in 12 steps. 1. The economy has a productive half and an extractive half and the extractive half has grown to dominate. 2. That shift happened over 70 years, accelerating sharply in the 1980s.

Bild

FINAL VIDEO: 12 images. 12 reasons. This is the last one. The twelfth image is about CEO pay. In three days in January, top UK bosses earn what the average worker earns in a year. Their pay has gone from 11 times the average to 120 times — in a generation.

UK CEOs earn a year’s pay in 3 days! Here’s why it’s wrecking the economy. | Bonkers Economics Ep.12

Top UK bosses now earn in just three days what the average worker earns in an entire year. By 5 January, that gap becomes impossible to ignore. But this isn’t really about fairness, it’s about what…

youtu.be