Does the finance industry add value, or just chaos? From crashing economies to turning homes into gambling chips, it’s made billions while leaving us questioning its worth. We unpack its core role—connecting capital to land, labor, and ideas—and how it fueled the Industrial Revolution and consumer credit. But today’s mega-banks, high-frequency trades, and in ... Show More
Dec 2019
An honest look at price, innovation and who powers the economy | Mariana Mazzucato
Where does wealth come from, who creates it and what destroys it? In this deep dive into global economics, Mariana Mazzucato explains how we lost sight of what value means and why we need to rethink our current financial systems -- so capitalism can be steered toward a bold, inno ... Show More
18m 41s
Apr 2021
War of the Financial Worlds
Last March, the Fed came in and started buying junk for cash by doing that, it has doubled the amount of artificial money flowing to big banks since 2008. As a result, today’s guest says, the Fed, by criminal standards, is laundering money through the banks.
Nomi Prins is the au ... Show More
41m 27s
Nov 2024
Nick Bernards, "Fictions of Financialization: Rethinking Speculation, Exploitation and Twenty-First Century Capitalism" (Pluto Press, 2024)
Since the global financial crisis that began in 2008, the role of the financial sector in contemporary capitalism has come under increasing scrutiny. In the global North, the expansion of the financial sector over the last 40 years has paralleled a decline in manufacturing employ ... Show More
1h 21m