Topic: Economy

[ Episode #47 // Power Transition ]

After years of stagnant growth in conventional oil extraction rates, ignorance of Hubbert's Curve has peaked. Now that the mainstream can't dismiss the issue, public conversations proclaim an exuberant belief in marginal reserves as our savior. Claims of American energy independence have fueled a dialogue that threatens to drive the US economy towards a fiscal and energy cliff. Can we look toward renewables to meet our energy needs for the future? Is it possible to start telling a new story about our energy future?

In Extraenvironmentalist #47 we discuss the global energy picture with Chris Nelder as he describes the energy stories we tell ourselves and explains exactly how many natural gas wells it will take for the United States to gain energy independence. We ask Chris about the complexity of our international energy markets and why we shouldn't give up on renewable energy even if it doesn't fit the power grid of today. Then, we speak with Gregor MacDonald about the recent blackout in India that cut electricity to 10% of Earth's population. Gregor tells us about the process of normal accidents and why the risk we've offloaded might be trickling back into our energy infrastructure. Last of all, we speculate about the future of capitalism as growth ends. Will we look back on these years of corporate rule as the golden age before serfdom?


// Music (in order of appearance)
Deerhoof - The Trouble With Candyhands via Tiny Mixtapes
Fleetwood Mac - That's All For Everyone (Tame Impala Cover) via Stereogum
F*ck you Pepco via Youtube
Marlena Shaw - California Soul (Diplo Remix) via Soundcloud
Nico - These Days (Shinichi Osawa Edit) via Daily Beatz
Elton John - Good Morning to the Night (PNAU Remix) via Tracasseur

// Extended Clips (in order of appearance)
[1st Break] - 36m
America's Infrastructure is Failing
Heat Adds Misery to Atlantic Power Outage
Congress Ignores Nations Infrastructure

[End]
Gail Tverberg on Peak Oil at the Montreal Degrowth Conference

// Production Credits
Josh B.
Kevin M. via Sustainable Guidance Youtube Channel

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[ Episode #46 // Recovering Environmentalists ]

Success for the environmental movement has meant many of its members adopted mainstream values in attempts to sustain the unsustainable. Is sustainability a farce when associated with a way of life that is out of touch with reality? Global droughts, weather catastrophes and heatwaves are demonstrating the rapidly increasing impact of atmospheric greenhouse gases. With decades of inaction on climate change, are we all climate denialists? Could there be an environmental movement that works to exit the collapsing global system?

In Extraenvironmentalist #46 we speak first with Paul Kingsnorth on why he's withdrawn from the mainstream environmental movement and its discussions of sustainability. Paul tells us about developing the Dark Mountain Project to help us tell creative stories that embody the new narrative evolving from the end of industrial society. Then, Michael M'Gonigle [55m] joins us to talk about the importance of creating an exit-environmentalism that allows us to leave a global system which is falling apart. Michael describes why liberal environmentalism is no longer useful in creating laws to protect our environment in the extended version of an interview that originally aired on Radio Ecoshock. Finally, John Michael Greer [1h 56m] takes root in a new recurring and irregular segment to talk about denial and his take on the environmental movement. All that and more as our latest episode proves there aren't limits to growth for XE podcast episode runtimes.


// Music (in order of appearance)
GRiZ - The Future is Now via Fist in the Air
Adele - Rolling in the Deep (Blackbird Blackbird Rework) via Sound Is Style
Jeremy Fisher - Built to Last via Ride the Tempo
Elle Goulding - Hanging On (Syvable & PRFFTT Bootleg) via Earmilk
Marvin Gaye - Real Thing (Pillow Talk Rework) via Ecosalon
Stevie Wonder - Superstition (Monolith Remix) via The Music Ninja

// Extended Clips (in order of appearance)
[1st Break] - 28'27"
Shaking Spain - Expect Violence
Marc Faber - Markets to Crash in 12 Months
Euro-Doomsday Scenario
How close are we to a new great depression

[2nd Break] - 83'27"
Record Drought Has Cascading Consequences
Heat Wave
Americans Scramble to Safety
George Will: "It's Just Summer, Get Over It"

[End]
Alan Watts - Man in Nature

// Production Credits
Production Assistance by Kevin via Sustainable Guidance Youtube Channel

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[ Episode #45 // Opening Money ]

By failing to question our money system, we've accepted an understanding of finance and fiat that's showing its flaws greater than ever. This globalized currency system draws money out of localities and into the hands of corrupt financial institutions. Can we start recapturing these flows of money to build resilient communities? If the Federal Reserve can print money, why can't we?

In Extraenvironmentalist #45 we speak to Michael Linton, developer of LETS and the Community Way currency system about how to open up our money to emphasize positive aspects of human nature . Michael describes how local currencies can help to overcome the feeling of scarcity imposed by a centralized national currency. We ask Michael if our federal dollars should be replaced or if we should be looking to compliment them through local money. Then, we speak with Jordan Bober who is launching the Seedstock in Vancouver, BC based on Michael's Community Way model.


// Music (in order of appearance)
Chick Bullock - Are You Making Any Money?  via Youtube
Gold Diggers of 1933 - We're in the Money via Youtube
Matt and Kim - Let's Go via Consequence of Sound
The Beatles x Carlos Santana x Griz x Gramatik – Don’t Let Me Change (Ego Mashup) via The Music Ninja

// Extended Clips (in order of appearance)
[Break]
FT - Libor scandal rocks banking
Max Keiser - How Tom Cruise Stole Libor
Michael Hudson - Summit MMT in Italy

[End]
Michael Hudson - Summit MMT in Italy

// Production Credits
Production Assistance  | Kevin at the Sustainable Guidance Youtube Channel

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[ Episode #39 // Debunking Economics ]

Roughly 90% of the world's economics professionals failed to see the current economic crisis forming on the horizon of the early 21st century. Many of them are now striving for stability through policies of refinancing and quantitative easing. While this class of economic thinkers have driven the planet's policies for decades, their faulty logic is being exposed by structurally high unemployment and failing banks. Ben Bernanke and Mario Draghi are using central bank policies to prop up a system that's imploding due to heavy debt burdens by using national deficits for attempts to accelerate private debt accumulation once again. Could one of the few economists that predicted the current financial crash outline a path forward for educating the next round of economists while providing an alternative to austerity?

In Extraenvironmentalist #39 we speak with Steve Keen about how neoclassical economics controls the ways our governments think. Steve draws on themes from the second edition of his book that exposes neoclassical economics and its faulty logic, Debunking Economics. In the first half of the interview, we draw on a technical understanding of where neoclassical economics has gone wrong and where the economies of the Eurozone are headed through following the path of austerity. In the second half, we talk about modern debt jubilees and retooling economics education. After which, Jennifer Baichwal joins us at the 95' mark to talk about her newest film, Payback, based on Margaret Atwood's book about debt and debtor relationships. Last of all, Seth and I recall our recent gig at Jackson Hole.


 

// Music (in order of appearance)
Vacationer - Good as New via The Swill Merchants
Niia - Mad World via The Music Ninja
Mark Foster, Kimbra, A-Trak - Warrior via Hard Candy
Dragonette - Let It Go (The Knocks Remix) via KickKickSnare
Ibrahim Ferrer - Ay Candela (Henry Krinkle Remix) via International Beat Forum

// Extended Clips (in order of appearance)
[First Break] - 35'40"
Austerity Suicides
Greeks in Despair
This is War: Italy Burns Paintings to Protest Austerity
Greek Town Develops Alternative Currency
[Second Break] - 67'40"
Bernanke Impresses Students at GWU
Steve Keen on Ponzi Schemes
Krugman Knocked Out of Neoclassical Orbit by Steve Keen
[End]
Michael Hudson - INET Talk on the Politics and Economics of Restructuring

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[ Episode #9 // Economics of Happiness ]

Converging crises of the environment, energy and our personal psychology threaten to destabilize the economic systems we depend on for subsistence. Globalization has provided tremendous financial benefits and convenience for specific groups but has degraded communities while spreading the emotional and spiritual depravity of materialism. By developing a local resilient economy can we counteract the shadow of globalization while addressing the predicaments of energy depletion, resource scarcity and desolate communities?

In Extraenvironmentalist #9 we speak with Helena Norberg-Hodge, director of The Economics of Happiness, a documentary film about the worldwide movement for local economic development. Our discussion covers Helena's experiences in the Ladakh region of India which inspired her to recognize the problems with the standard model for economic development, inspiring her book and film Ancient Futures: Learning from Ladakh. We also spoke with Helena about the numerous benefits of decentralized local economies in addressing our converging crises and the specifics of the psychological impacts of advertising and media on society in its push for expanded economic activity.

We're also thinking of starting an Extraenvironmentalist book club. Are you interested in perhaps doing a monthly group call to discuss a book on Extraenvironmentalist topics? If so, let us know through voicemail or email and we'll choose a book, set a timeline and record a discussion.

 

//Supplemental Links
Website | Economics of Happiness
Facebook | Facebook Page for Economics of Happiness
// Music (in order of appearance)
Pepper Rabbit - Older Brother via The Music Ninja
The Kopecky Family Band - Our Remedy via The Music Slut
Mr. Little Jeans - Rescue Song (RAC Remix) via Et Musique Pour Tous
Sunday Girl - Time to Pretend (MGMT Cover) via AudioPorn Central

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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 -

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