The conventional economic wisdom holds that humans started to use money as an outgrowth of bartering — and that money represented a great leap forward for civilization. That couldn’t be further from the truth, argues David McNally. Money, he contends, has not been a benign development, but has since its inception been tied to warfare … Continued
Capitalism depends on various inexpensive things to stay robust, including labor — both paid and unpaid — energy, food, and nature. What happens when they all stop being cheap at the same time? Jason Moore discusses whether capitalism can survive the rising costs of business as usual. Resources: Raj Patel & Jason W. Moore, A … Continued
Caroline welcomes fellow public dreamer, Joel Solomon, author of “The Clean Money Revolution,” that money may be liberated – dedicated to collective well-being – and that “We can all do better with our relationship to money.” Let all good-hearted people release disdain for wealth, and be willing to direct its swoosh in the desirable direction, … Continued
What’s the point of education? The prevailing wisdom today is that children need to be prepared for eventually joining the job market, and that an investment in schools is an investment in the future productivity of the country. But what would schooling look like if the value of education was not monetary, but something deeper, … Continued
Pulitzer prize winning journalist David Cay Johnston has done groundbreaking reporting on corporations and the tax code. Today he joins us for a conversation on the Panama Papers, offshore shell companies and tax havens….including how this happens in US states like Delaware, Wyoming and Nevada. And Mary Bottari, Deputy Director of the Center for Media and Democracy, on the … Continued
