Topic: Consumers

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[ Episode #38 // Hard Times ]

Mar 17 2012

Debt is placing a stranglehold on the global economy, restricting the ability for growth to occur at a rate fast enough to prevent the monetary system from unraveling. To delay a massive deleveraging, governments are turning on the central bank taps to fill the system with liquidity. With severe structural issues that continue to avoid inclusion in the political discourse, can ordinary people prepare to maintain control over their assets to ensure success of future decentralization initiatives? How is preparing for this world different for our generation than for our parents?

In Extraenvironmentalist #38 we talk about living in hard times with Nicole Foss of The Automatic Earth. Nicole tells us about the Canadian housing bubble and why the initial collapse might just be faster than the one America experienced in 2005. Seth and I ask about what life was like in the Great Depression and how the process of labor exploitation may continue into the near future. We ask Nicole if misunderstandings about economic collapse could have us preparing for the wrong thing.

Also, we get to meet our blog editor Louisa Clarence-Smith who tells us about WWOOFing and her experiences working on farms in Scotland and Italy.

For more from The Automatic Earth, check out our interview with TAE writer Ashvin Pandurangi back in XE #13.

// Music (in order of appearance)
St. Lucia - All Eyes on You via Soundcloud
Cody ChestnuTT - Under the Spell of the Handout via Indieshuffle
Phil Collins - In The Air Tonight (Cosmo Black Remix) via Hard Candy
Alpine - Hands (Goldroom Remix) via Fader
ANDREYA TRIANA – Lost Where I Belong (Banks Remix) via Aerial Noise

// Extended Clips (in order of appearance)
[First Break]
Sunshine and Eclipse
Rioting Across America During the Great Depression
Stories From the Great Depression
[Second Break]
Making a Difference: Rebuilding From a Tornado
Bill McKibben: Rebuilding Community
[End]
Jiddu Krishnamurti - Fear

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[ Episode #30 // Austerity + Hope ]

Dec 2 2011

Mini Episode

Through the transfer of private debt to balance sheets of governments around the world, we've entered an age of austerity where citizens are experiencing drastic cuts to basic necessities. Civil unrest has resulted from people demanding that corporate greed should be punished instead of individuals. As the Occupy movement reaches a transition point, have we witnessed the spark of global anti-captialist movement or has it just been a brief glimpse of the anger developed from decades of economic injustice? Are there true reasons for hope with an increasing number of youth facing diminished opportunities for participating in the promises that capitalist markets once offered? Is this truly a turning point in history? If so, what does it mean to live in the midst of a global revolution?

In Extraenvironmentalist #30 we speak with David McNally about themes from his book Global Slump: The Economics and Politics of Crisis and Resistance, that draw on examples of successful populist uprisings around the world to demonstrate that in the Western world we too have options for resisting the tyranny of an age of austerity. We discuss the natural evolution of the Occupy movement and the potential to ensure that the movement grows while keeping food on the table and meaningful work available for the unemployed. Have elites secretly been preparing for unrest as they use taxpayers to bail out an unsustainable industry built on the pipe dream of perpetual growth? Are youth willing to accept their role as movement builders instead of iPhone owners?

// Music (in order of appearance)
Pretty Lights - Finally Moving via Et Musique Pour Tous
Hezekiah Jenkins - The Panic is On via Ghostcapital
Makana - We Are The Many
Connor Youngblood - Will You Be There (Michael Jackson Cover) via Pigeons and Planes
Aarab Muzik - Let it Go via SkeetBeatz

// Extended Clips (in order of appearance)
America's New Poor Fending for Food Stamps
Doug Stanhope - Fear in the US News Media
Steve Keen on BBC Hardtalk
WBEZ on Oligarchy: How the Super Rich Defend Their Wealth
Public Sector Workers Strike in the UK

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[ Episode #13 // Debt-Dollar Discipline ]

Apr 8 2011

Mini Episode

Does our currency drive participation in a disciplinary system that conditions a consumer society? Surplus goods created by industrial production require an acceptable set of behaviors, reinforced by a financial establishment of rewards and punishments. Though the people reliant on disciplinary institutions are used to playing by the rules, what happens when the game changes suddenly?

In Extraenvironmentalist #13 we speak with Ashvin Pandurangi, writer for The Automatic Earth on his series of articles that describe the Debt-Dollar Discipline, the global system of currencies backed by the U.S. Dollar that define the choice sets available to us. We ask about how finance, currency, education and our institutions create a rigid disciplinary guideline. Ash, Seth and Justin ponder the question of whether a global system that slowly empties its gas tank can handle a rapid disintegration and a population in developed nations accustomed to discipline.

A SPECIAL THANKS TO: Mr. Thomas Bevan for his magical performance in singing about the Titanic.

BEFORE APRIL 14th: Vote for Justin's video in the OECD's 50th Anniversary Challenge to redefine economic progress

// Music (in order of appearance)
Daughter - Run via The Music Ninja
Malvina Reynolds - Little Boxes via Dangerous Minds #18
Lanu - Beautiful Trash (feat. Megan Washington) via SoundCloud
Anomie Bell - How Can I Be Sure via IndieShuffle

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