Topic: Wall Street

[ Episode #40 // Corporate Influence ]

The logic of neoliberalism behind our economic model is fading as its fundamental conclusions about human nature are reaching an extreme. As global economies continue to reveal numbers indicating a spiraling trend of contraction in manufacturing and economic growth, corporations maintain enough power over our societies to stay afloat. Though we are influenced by the corporate mindset from the moment we enter the school system as children, can we find alternatives to corporate control of our education, media and health?

In Extraenvironmentalist #40 we speak with Joel Bakan about how the dystopian possibilities imagined by his film The Corporation have become a reality. Joel describes the reasons why neoliberalism can be appealing to us even though it is based on a limited understanding of human potential. We ask Joel about his recent book Childhood Under Siege, where he describes corporate influence on children through education and the modern medical system. Next, we talk with Laurette Lynn of Unplugged Mom Radio [a the 67' mark] about how the best option for educating our children may be for parents to take their kids out of the school system entirely to learn critical thinking skills. Then, we talk to The PPL [at the 102' mark] about how they are taking media out of the hand of major corporations for the 2012 Democratic National Convention so that citizen journalists who understand the magnitude of today's challenges can ask tough questions. Last of all, Seth and I discuss our upcoming coverage of the Montreal Degrowth Conference.

If you are interested in hearing more about our thoughts on education and society give our interview a listen on the Unplugged Mom show with Laurette Lynn.


 

// Music (in order of appearance)
Bibio - Lovers' Carvings (Bruno Be & Eddie M Remix) via The Music Ninja
Bonobo - All In Forms (Letherette Remix) via This is Real Music
Beach Boys - Wouldn't It Be Nice (St Etienne Cover) via Soundcloud
Arcade Fire - Neighborhood #1 (Ane Brun Cover) via It's a Trap
Kings of Leon - Use Somebody (RAC Remix) via Soundcloud
Foxes - Youth (Adventure Club Remix) via Skeetbeatz

// Extended Clips (in order of appearance)
[First Break] - 15'
A Selection of Clips from The Corporation Film
Pink Slime + BP Corexit
[Second Break] - 45'
Montreal Student Protests
Global Youth Unemployment
Italy Youth Unemployment Reaches Over 30%
Clip from upcoming XE interview with University of Victoria professor Michael M'Gonigle
[End]
J. Krishnamurti Speaks on Education

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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 #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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