Tracy Blackwell | This House Believes The Free Market is the Enemy of Freedom and Democracy

Tracy Blackwell speaks as Third Opposition against the motion on 11th May 2023 at 8:00 in the Debating Chamber.

Tracy Blackwell is the CEO of Pension Insurance Corporation ple
(PIC), a specialist insurer of pension schemes with the clear purpose of paying the pensions of its current and future policyholders. With almost €50 billion of assets, PIC is a significant investor in social housing, renewable energy and the UK's universities.
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Thumbnail Photographer: Reva Croft
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Some argue that in a world of growing inequality, where eight men own as much wealth as the poorest 3.6 billion people and transnational corporations can threaten to move capital fluidly across borders, that freedom is made a nonsense and democracy is eroded.

Others characterise the free market as responsible for unprecedented global and British prosperity, arguing this economic model goes organically hand-in-hand with representative democracy.

Liz Truss's premiership in particular has recently reignited a discussion about the role of the free market as an ideological construct.

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