In this episode, we look at money as created through debt, but actually backed by theft, by examining the exchange of labor that money purportedly represents. We question the high cost of housing and services vs. the low cost of food and goods. Looking ahead, we develop 10 features that a successful turnaround plan would need to have, and we explain how a strategy to deal with hyperinflation is the opposite of a strategy for inflation.
We also tell the story of meeting Claudia Solerno, Venezuela’s Presidential Envoy on Climate Justice, at the Green Festival. We cite a study from Fast Food/Slow Food: the Cultural Economy of the Global Food System by Richard Wilk, and an article by economist Michael Hudson called “Krugman, China and the Role of Finance.” Finally, we end with holiday shopping tips from Fair Trade USA, a guide from Shop to Stop Slavery, Free2Work’s I-phone app, and Kyle Thiermann’s video, “Buy Local, Surf Global.”
- “Each of Us Has a Name” by Zelda
- “For the Sleepwalkers” by Edward Hirsch
- “Everything is Going to be All Right” by Derek Mahon
- “Welcome, Ghosts” by Explosions in the Sky
- “Before I Go” by John Hiatt
- “Freedom Hangs Like Heaven” by Iron & Wine
To listen or view the multimedia transcript, click here.
What Would Judas Do?: Places Biblical characters in historical context and shows that the heroes may not be heroes and the villains may not be villains. Tells the stories of Judas the Galilean and Zadok the Sadducee, founders of the Fourth Philosophy and zealot revolution. Examines the central role of the priests and elite in supporting the revolution. Finds contradictions in the Biblical text on when and where Jesus was born, if he was a peasant, the revolutionary era he lived through, and which side he was on.
Songs and/or Music Videos:
With Friends Like This: Examines whether US foreign aid has been a benefit or a pain in the arse for impoverished people. Looks at a book by Dambisa Moyo called Dead Aid: Why Aid is Not Working and How There is a Better Way for Africa. Uses the evidence of Patrice Lumumba, Mobutu, and AFRICOM to contradict her conclusion that Africans need tough love. Relates the recent drama at Free Radio Santa Cruz and plays our listener survey, which was called racist, ignorant, offensive, skin privileged, Nazi propagandist, white supremacist, fearmongering hate speech. See what all the excitement’s about!
- Diana Der-Hovanessian, “Shifting the Sun”
Songs and/or Music Videos:
- John Hiatt “Your Dad Did”
- Bruce Cockburn, “Call it Democracy”
- Iron & Wine “Upward Over the Mountain”
Corporatocracy vs. Sovereignty: Presents a conversation with David Cobb, 2004 Green Party Presidential candidate, and Kaitlyn Sopici-Belknap, both of Democracy Unlimited of Humboldt County. Discusses why real democracy is both unconstitutional and illegal. Looks to Latin America for the antidote to civilization as we know it. Relates the mass protests by the indigenous Indians of the Peruvian Amazonia against the mining contamination and oil exploration authorized by the US Free Trade Agreement. Follows the pending FTA with Panama with similar terms. Asks listeners to call Obama for Lori Berenson’s release after 13.5 years of unjust imprisonment in Peru under Fujimoro, now convicted to 25 years for war crimes. Discusses the Articles of Confederation on state sovereignty, and reads a quote by Ian Baldwin from “The Secessionist Option: Why Now?” on Reality Sandwich.
- Carlos Drummond de Andrade, An Ox Looks at a Man,” translated by Mark Strand
Songs and/or Music Videos
- Crystal Method, “London”
- Fleet Foxes, “Mykonos,” fun, stylized video
- Iron & Wine, “Naked As We Came,” cute video
- unknown audio, “What the World Needs Now,” powerful Tom Clay video