# Crisis Point: Cost-of-Living w/ Martijn Konings

Page: https://stenobird.com/podcast/speri-presents-7048864/crisis-point-cost-of-living-w-martijn-konings
Text version: https://stenobird.com/podcast/speri-presents-7048864/crisis-point-cost-of-living-w-martijn-konings.md
Podcast: [SPERI Presents...](https://stenobird.com/podcast/speri-presents-7048864)
Published: 2025-04-03T06:30:00+00:00
Episode link: https://shows.acast.com/speri-presents/episodes/crisis-point-cost-of-living-w-martijn-konings
Audio file: https://sphinx.acast.com/p/open/s/6683f98604b201dd34f20976/e/67ab0c42f21071868c0f7583/media.mp3
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JSON: https://stenobird.com/v1/public/podcasts/speri-presents-7048864/episodes/crisis-point-cost-of-living-w-martijn-konings
Duration seconds: 1849

## Resource

As prices keep on rising while wages stagnate, it becomes more and more expensive for ordinary people to afford the basic essentials. Does this inflationary pressure constitute a crisis in capitalism or should we understand it as a normal function of the system? What are the different ways that inflation can be managed and how does this effect who wins and loses? What effect will the shocks of climate change have on prices in the future? Martijn Konings is Professor of Political Economy and Social Theory at the University of Sydney. He joins Chris Saltmarsh and Dillon Wamsley to discuss the resurgence of inflation in the 2020s, the role of central banks and governments in responding to inflation, and how inflation interacts with crisis in capitalism. Crisis Point is a limited series introducing the political economy of capitalist crises, providing historical and theoretical rigour to discourses around crisis in the present. Recommended reading for this episode: 1) Montgomerie, 'COVID Keynesianism: locating inequality in the Anglo-American crisis response', Cambridge Journal of Regions, Economy and Society , 16 (2023) 2) Weber & Wasner, 'Sellers’ inflation, profits and conflict: why can large firms hike prices in an emergency?', Review of Keynesian Economics , 11 (2023) 3) Lindberg & Maier, The Politics of Inflation and Economic Stagnation (Brookings Institution Press, 1985) Works referenced in this episode: Martijn Konings review of Stiglitz on freedom Martijn Konings' book The Bailout State (2024) Isabella Weber on strategic price controls Hyman Minsky on the 1929 crash and Great Depression This episode is produced by the SPERI Presents… committee, including Remi Edwards, Chris Saltmarsh, Frank Maracchione, Emma Mahoney, Dillon Wamsley and Andrew Hindmoor. Thi…

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