Nicholas Shaxson, author and expert on the global economic system, looks at the intricate web of global finance, exploring the unseen forces shaping our economies and societies and exposing the hidden impacts of tax deregulation and monopolistic market practices. From the United Kingdom's economic struggles to the pervasiveness of big tech firms, this episode unveils the hidden mechanisms of monopolistic power, particularly in the energy and financial sectors, and shows how their immense power affects everything from income inequality to climate action. Nicholas sheds light on the profound effects on workers, consumers, and democracy, and the emerging global movement challenging these monopolies as well as the detrimental effects these have on societal wellbeing and long-term growth. As we navigate a world shaped by recent economic shifts, Nicholas explores the complexities of regulatory challenges, offering a pathway towards a more equitable, inclusive, and sustainable economy. Join us in uncovering the intricacies of monopolistic power and learn how addressing these economic forces can pave the way for a wellbeing economy that caters to the needs of society and the planet. SystemShift comes from Greenpeace Nordic and is hosted by Greenpeace Sweden campaigner, Carl Schlyter, and produced by Alexia Fridén, with additional support from Zane Ford, Christian Aslund and Attila Kulcsár. Hosted on Acast. See acast.com/privacy for more information.