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Artwork for Debunking Economics - the podcast
Debunking Economics - the podcast · June 23 · 48 min

The world’s anti-migration shift to the right

Phil and Steve confront the global surge in anti-immigration rhetoric and right-wing political momentum, tracing its roots to the structural failures of neoliberalism rather than the actions of migrants themselves. Steve dissects how decades of fiscal paranoia, deregulation, and slashed public spending on health, welfare, and education systematically eroded working-class security, turning migrants into easy scapegoats for falling real wages and housing shortages. They evaluate how corporate-led migration has been historically weaponized by business elites to depress labour costs at the expense of local training, while contrasting the economic benefits of "capital deepening" through technology against raw "capital broadening" through rapid population expansion. Ultimately, it paves the way for Pauline Hanson and Nigel Farage tocapitalise on very real working-class anxieties, but their adherence to the exact same deficit-obsessed economic playbooks will only invite further structural chaos. Hosted on Acast. See acast.com/privacy for more information.

0:00-48:11

transcript

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show notes

Phil and Steve confront the global surge in anti-immigration rhetoric and right-wing political momentum, tracing its roots to the structural failures of neoliberalism rather than the actions of migrants themselves. Steve dissects how decades of fiscal paranoia, deregulation, and slashed public spending on health, welfare, and education systematically eroded working-class security, turning migrants into easy scapegoats for falling real wages and housing shortages. They evaluate how corporate-led migration has been historically weaponized by business elites to depress labour costs at the expense of local training, while contrasting the economic benefits of "capital deepening" through technology against raw "capital broadening" through rapid population expansion. Ultimately, it paves the way for Pauline Hanson and Nigel Farage tocapitalise on very real working-class anxieties, but their adherence to the exact same deficit-obsessed economic playbooks will only invite further structural chaos.

Hosted on Acast. See acast.com/privacy for more information.

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