Finance, Business and Politics: mutual incomprehension and dangerous oversimplification

FINANCE BUSINESS & POLITICS

Within the worlds of finance, business and politics, decision makers often have little understanding of the other spheres and their importance; the language and discourse within each is often mutually incomprehensible. Views of the other spheres are often massively and dangerously oversimplified.

This mutual misunderstanding, both of the other spheres, and their intricate interconnectedness, is damaging to society and the economy, especially when governments are increasingly looking to business and finance to address pressing social issues such as net-zero and levelling up.

How can this mutually incomprehension gap be bridged? How can finance and business be positively engaged in politics beyond a narrow self-interest?  How to identify and utilise trigger points which can lead to radical change? How to develop a new narrative of the political economy?

Panelists
  • Vince Cable

    Panelist

    Sir Vince Cable

    MP for Twickenham for twenty years, retiring in 2019. Secretary of State for Business Innovation and Skills and President of the Board of Trade in the Coalition government between 2010 and 2015. His book "Money and Power" describes political leaders’ relationship with economic policy over the last 250 years and explores the interplay between economics and politics.

  • Panelist

    Vicky Pryce

    Chief Economic Adviser and board member at the Centre for Economics and Business Research. Formerly Director General for Economics at the Department for Business, Innovation and Skills (BIS), Joint Head of the UK Government Economic Service and Chief Economist and Partner at KPMG. She is co-founder of GoodCorporation, a company set up to advise on Corporate Social Responsibility.

  • Joe Zammit-Lucia

    Panelist

    Joe Zammit-Lucia

    A founder of RADIX following a career in industry and as a strategy consultant and leadership adviser to senior business leaders. He is a regular commentator on business and politics in the media. His new book "The New Political Capitalism" exploring the changing relationship between business and politics will be published by Bloomsbury Business in February 2022.

  • Panelist

    Magdalena Polan

    Senior economist working in the asset management industry, responsible primarily for macroeconomic analysis and investment strategy across global emerging markets. Formerly economist at Goldman Sachs and the International Monetary Fund. Her research work has mainly focused on monetary policy, inflation, international trade, and development of capital markets.

  • Chair

    Nick Silver

    Actuary and economist whose specialities include risk management, social insurance and environmental finance. Director of Callund Consulting, Member of the Council at the Institute of Actuaries, and Founder and Director of Climate Bonds Initiative. Visiting fellow at the London School of Economics, Anglia Ruskin University and Cass Business School. Author "Finance, Society and Sustainability".

Where

Online

When

Tuesday 30th November 2021, 6:00 pm - 8:00 pm

Additional Details

NOTE: THE TIME QUOTED IS UK TIME

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