Where Power Lies

The systems of offshore finance might seem like the remit of far flung exotic islands - but they are actually embedded deeply into our lives and woven through our everyday economy. This episode explores how and why that is, looking at the history of the offshore system and explaining why offshore is the biggest driver of wealth inequality in modern society. Featuring an interview with Professor Ronen Palan, Professor of International Political Economy at City University, London.

Transcript:

shorturl.at/ijsyU

Reading and Resources:

The Panama Papers was the biggest data leak in history. It exposed the underbelly of the shady world of offshore finance and revealed the extent to which the elite use anonymous companies to move and hide wealth. 

In this episode, we explore the story of the data leak, hearing from Pulitzer Prize winning journalist, Frederik Obermaier - one of the journalists behind the Panama Papers. We also explain the core issue of ‘beneficial ownership transparency’ and explore how a simple policy change could hold the key to fixing some of the biggest social and economic ills we face in modern society.

This podcast is hosted and produced by Bridey Addison-Child for Open Ownership

Co-host: Thom Townsend 

Co-producer: Victor Ponsford

Our artwork is by Georgia Latham

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