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[ Episode #5 // Phantom Wealth ]

Now is the season of spirits. Together we face the most horrifying of all poltergeists: the ghost of phantom wealth.

Numbers representing the money in our bank account are very different from real wealth. While the focus is on gaining and creating money, this very process sublimates a methodology of destruction and wealth extraction from communities, nature and humanity. Society has confused money for wealth and in doing so transmutes the use of potentially valuable financial instruments into implements of degradation.

In Extraenvironmentalist #5 we share a talk on the economy and money Justin recorded at University of British Columbia by David Korten based on his recent book, Agenda for a New Economy. The story of money is mystified by design and so on rare occasions like this we can explore the relationship between our physical world and the financial world with clear elucidation. David uses his background as a Stanford Business School professor and an international economist to develop philosophies for a new economy serving humans instead of accountants.

 

// Media Links
News | Mitsubishi plans to profit from Bluefin Tuna
Poem | Keeping Things Whole by Mark Strand via Arthur Magazine
Youtube | Economic Hitmen ft. John Perkins

// Music (in order of appearance)
Fools Gold - Nadine via IndieShuffle
Zero 7 - Futures (ft. Jose Gonzalez) via IndieShuffle
Syl Johnson - I'm Talkin' About Freedom via Earmilk
Bedouin Soundclash - Brutal Hearts (ft. Coeur de Pirate) via The Music Ninja

// Corrections and Blunders

- Please do call or email us with corrections if you find something we've said to be factually inaccurate -