Ep7. Dirty money is everywhere, as Wall St and St Petersburg are on the same page

From London to Miami, illicit cash has been flowing through the West’s financial systems. Coordination failures have allowed disruptors like Russia to prop up a transnational kleptocracy – while groups like the UN, IMF and NATO are ill-equipped to deal with this problem, especially as key players in Britain and America, actively encourage the financial deregulation on which the kleptocrats thrive.

In this episode we look at the origins of globalized finance and how illicit money flows cause global disorder by empowering thieves and increasing inequality, and what can be done to stop the spread of dirty cash. Peter Geoghegan explains how illicit money influences British politics. Tena Prelec examines the role of Eastern Europe and sketches how the answer out of our current mess is to advocate for radical transparency. In the Ordering the Disorder segment we showcase why we should focus on ordering our own house first rather than focusing on the sins of our systemic competitors.

Twitter: @DisorderShow Website: https://natoandtheglobalenduringdisorder.com/nato-and-adversaries Producer: George McDonagh Exec Producer: Neil Fearn Show Notes Links For more on Peter Geoghegan is here For more on Tena Prelec, visit here More on this kleptocracy and tax havens can be found here Learn more about your ad choices. Visit megaphone.fm/adchoices