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When I decided to speak with TIM JACKSON about his new book, THE CARE ECONOMY, I had second thoughts. What could be further from our current reality in the US than a care economy? Would talking about it seem naïve? But as Robert Reich makes clear, “We need to demonstrate not just against Trump but also for the America we want,” and this episode is part of my attempt to imagine and flesh out such a vision. Jackson is Director of the Centre for the Understanding of Sustainable Prosperity in he UK and his earlier books include PROSPERITY WITHOUT GROWTH and POST GROWTH: Life After Capitalism. You can learn more at timjackson.org.uk Jackson, Tim-05-15-2025-Transcript
Our global economic system is premised on the idea that gross domestic product needs to constantly grow. But on a finite planet, is green growth possible? And is prosperity possible in a world without growth? Today's guest is Dr. Tim Jackson, Professor of Sustainable Development at the University of Surrey and Director of the Centre for the Understanding of Sustainable Prosperity. Tim is a leading researcher on de-growth, and is the author of several books on the subject including Prosperity without Growth, Post Growth - Life After Capitalism, and his latest The Care Economy. Tim explains the problems with our need for constant growth–how it is not only incompatible with a sustainable future but is also bad for our well-being. He also shares what a post growth society premised on a care economy could look like. Pullback is a proud member of the Harbinger Media Network Enjoy our work? Support us on Patreon!
Today we explore the care economy. My guest is Tim Jackson who chronicles in his latest book his own journey of valuing health instead of wealth and care instead of growth. Tim Jackson is an emeritus professor at the University of Surrey and Director of the Centre for the Understanding of Sustainable Prosperity. His new book is The Care Economy (Polity 2025). https://freshedpodcast.com/jackson391/ -- Get in touch! Twitter: @FreshEdpodcast Facebook: FreshEd Email: info@freshedpodcast.com
“When you are a dominant empire like the US, economically, militarily, geopolitically, and you make bets that are exclusively based on power rather than technology, innovation, research and development, education, a growing prosperous middle class, history tells us that you will eventually fail. And that's the ugly reality.” Like most media nowadays, we seek to make sense of the confusing, contradictory, and often absurd Trump policies. So of course we turn to our best friend and most frequent guest, economist Fadhel Kaboub.Fadhel suggests that Trump has two missions: reinforcing the US imperialist-dominant position that is currently under threat, and reinforcing his legacy, the MAGA movement, and the supremacy of the Republican Party for years to come. Ironically there are even two Elon Musks in the White House: “There's Elon Musk, Twitter, and there's Elon Musk, Tesla, and the other tech stuff. The interest that the Trump administration is going to serve is not Tesla. It's going to be the Facebooks, the cloud technologists ... the techno-feudalists who run the world today. “The importance of the techno-feudalists is that they don't actually manufacture things, they don't produce things. They control the cloud, they control the mind, they control your feelings, your choices... not just consumer choices, but political social worldviews are controlled and manipulated by social media and by the big data centers that collect and analyze and feed you choices and filter the news and filter information for you.” In their discussion, Fadhel points out the absurdity of thinking tariffs will “bring back jobs” to the US. He also explains that companies like Apple aren't manufacturing in China for cheap labor, but because China has the high-skilled workers. Instead of investing in education in the US, Trump boasts of making cuts.Fadhel explains that Trump's negotiation strategy relies on creating chaos and confusion. In comparison, China's path is starkly different, including creation of the digital yuan as an international payment system to bypass SWIFT and the dollar.Fadhel and Steve remind us that both US political parties are guilty of perpetuating the false narrative of fiscal constraints. As always, listeners are challenged to question the prevailing mainstream rhetoric and look for the deeper motivations behind it.Fadhel Kaboub is an associate professor of economics at Denison University (presently on leave) and the president of the Global Institute for Sustainable Prosperity. He's the author of Global South Perspectives on Substack. Find his work at globalsouthperspectives.substack.com @FadhelKaboub on Twitter
Hvad vil det sige at tage sundhed alvorligt som et samfundsmål? Og hvad kræver det at indføre omsorg som et organiserende princip i økonomien? Det er nogle af de spørgsmål, den britiske økonom og forfatter Tim Jackson tager op i sin nye bog The Care Economy, der netop er udkommet på engelsk. For nylig gæstede han Borups Højskole, og denne uges udgave af Langsomme samtaler er derfor en live-version optaget i højskolens fyldte foredragssal. Tim Jackson er professor ved University of Sussex og direktør for Centre for the Understanding of Sustainable Prosperity, CUSP. Og så er han en nøgleperson i det internationale forskermiljø, der søger veje til en økonomi, der ikke undergraver sit eget naturgrundlag. I 2009 stod han bag Prosperity without Growth, et meget berømmet bestillingsarbejde til den daværende britiske Labour-regering med Gordon Brown i spidsen. Siden har Jackson udgivet adskillige bøger med mere eller mindre samme tema, herunder Post Growth fra 2021, der bærer den lovende undertitel: Life After Capitalism. Tim Jackson nye bog The Care Economy fra 2025 blev til ved lidt af et uheld. Da han brækkede sin tå, blev han nemlig ad omveje opmærksom på de økonomiske principper, der styrer vores samfund. De er ikke bygget på omsorg, bemærkede han, men funderet i jagten på vækst og en grundlæggende ubalance. Ifølge Jackson har vi til eksempel skabt en sundhedsindustri, der gavner medicinalindustrien mere end os selv, og som fokuserer på symptomerne frem for årsagerne, der ofte er langt mere komplekse end et nyt diabetesprodukt kan håndtere, fordi de handler om måden, vi har indrettet vores samfund på – måden, vi spiser på, lever på og den stress, vi udsættes for. I løbet af samtalen foretager Rune Lykkeberg og Tim Jackson et dybt dyk ned i årsagerne til, at vi har fået skabt en mere eller mindre hensynsløs økonomi, der systematisk ødelægger grundlaget for den omsorg, vi alle trænger til. Det handler om, hvordan vi forstår sygdom, og hvordan vi forstår vores kroppe. Og det handler om vores tilgang til helbredelse, vores omgang med medicin, og om hvad der skal til for at skabe en økonomi, der kerer sig om andet om mere end vækst: En omsorgsøkonomi.
Hear from Prof. Aled Jones, Director of the Global Sustainability Institute at Anglia Ruskin University, as we dive into the role of models in shaping policy, and particularly their weaknesses. Models are not neutral – they reflect the assumptions, values, and agendas of those that create and use them. Using the energy system as an example, models can (and have been) used to protect the status quo. In part, this is because many of the models are based on the notions of ‘equilibrium' and so they simply can't cope with major structural changes, such as the current energy transition. But it can be difficult for policy makers to switch towards models that are arguably more suited to the job. So, what can we do to supplement the models? One very effective approach is to adopt a structured process of expert elicitation, where we use the insights of experts to uncover vulnerabilities and risks. To bring it to life, we explore how this has worked in the case of the food system. We discuss: The role that models play in shaping energy policy, and how they can lead us astray; How expert judgment and insight can help address model blind spots; and Finally, what are the key lessons for risk professionals? To find out more about the Sustainability and Climate Risk (SCR®) Certificate, follow this link: https://www.garp.org/scr For more information on climate risk, visit GARP's Global Sustainability and Climate Risk Resource Center: https://www.garp.org/sustainability-climate If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com Links from today's discussion: Global Sustainability Institute homepage: https://www.aru.ac.uk/global-sustainability-institute-gsi Institute and Faculty of Actuaries, Planetary Solvency Report: https://actuaries.org.uk/news-and-media-releases/news-articles/2025/jan/16-jan-25-planetary-solvency-finding-our-balance-with-nature/ GARP Climate Risk Podcast with Erica Thompson: https://www.garp.org/podcast/the-power-and-pitfalls-of-models-in-climate-risk-management Speaker's Bio(s) Prof. Aled Jones, Director, Global Sustainability Institute, Anglia Ruskin University Aled's work in climate finance was recognised by California and he has received a key to the city of North Little Rock, USA. He is a Co-Investigator on the ESRC Centre for the Understanding of Sustainable Prosperity, the AHRC Debating Nature's Value network, the Economics of Energy Innovation and System Transition project and leads the BBSRC Backcasting to Achieve Food Resilience in the UK project. He was lead author on the seminal report on resource constraints to the Institute and Faculty of Actuaries in 2013, was made an Honorary Fellow in 2018 and currently chairs their Biodiversity Working Party.
Episode 195: The Colonial Roots of Climate Injustice in Africa: A United Front for Strategic Repositioning of the Global South In this lecture, Dr. Fadhel Kaboub identifies the political and economic dynamics between the Global North and South since the wave of African independence in mid-20th century, by which the former has continued its colonial methods of resource extraction, steering the economies of the latter towards dependence on European and American technology and financing. By drawing on examples of large-scale agricultural and energy projects in Ethiopia, Namibia, and Uganda, Dr. Kaboub outlines the process by which African, Latin American, and Middle Eastern resources are captured by foreign energy companies. As Dr. Kaboub explains, poor countries are prevented from developing a domestic manufacturing base, rendering them dependent on companies from the industrialized economies of the Global North, which both produce the technology necessary for resource-harvesting and conduct post-extraction processing or refinement. As such, economies of the Global South are intentionally prevented from industrializing and are instead encouraged to invest heavily in primary resources for subsequent extraction by actors from the Global North. In the final part of his presentation, Dr. Kaboub dedicates his attention to the “carbon credit” scheme, by which large Western energy companies purchase the right to pollute, which they offset by preventing pollution (read: industrialization) in the Global South, in what amounts to painting an environmentally-friendly veneer over the same colonial process. Fadhel Kaboub is Associate Professor of Economics at Denison University (on leave), and the president of the Global Institute for Sustainable Prosperity. He is also a member of the Independent Expert Group on Just Transition and Development and serves as senior advisor with Power Shift Africa. He has recently served as Under-Secretary-General for Financing for Development at the Organisation of Southern Cooperation in Addis Ababa, Ethiopia. Dr. Kaboub is an expert on designing public policies to enhance monetary and economic sovereignty in the Global South, build resilience, and promote equitable and sustainable prosperity. His recent work focuses on Just Transition, Climate Finance, and transforming the global trade, finance, and investment architecture. His most recent co-authored publication is Just Transition: A Climate, Energy, and Development Vision for Africa (May 2023, published by the Independent Expert Group on Just Transition and Development). He has held a number of research affiliations with the Levy Economics Institute (NY), the John F. Kennedy School of Government at Harvard University (MA), the Economic Research Forum (Cairo), Power Shift Africa (Nairobi), and the Center for Strategic Studies on the Maghreb (Tunis). He is currently based in Nairobi, Kenya and is working on climate finance and development policies in Africa. You can follow him on Twitter @FadhelKaboub and you can read his Global South Perspectives on substack where he blogs regularly. This podcast was recorded on the 9th of March 2024, at the Centre d'Études Maghrébines à Tunis (CEMAT) with Dr. Max Ajl, Senior Fellow at the Department of Conflict and Development Studies, Ghent University, researcher with the Observatoire de la Souveraineté Alimentaire et l'Environnement (OSAE), and research fellow at the Merian Center for Advanced Studies in the Maghreb (MECAM). We thank Mr. Souheib Zallazi, (student at CFT, Tunisia) and Mr. Malek Saadani (student at ULT, Tunisia), for their interpretation of “el Ardh Ardhi” of Sabri Mesbah, performed for the introduction and conclusion of this podcast. Souheib on melodica and Malek on guitar. Production and editing: Lena Krause, AIMS Resident Fellow at the Centre d'Études Maghrébines à Tunis (CEMAT).
History doesn't stand still, and every time we talk about BRICS on this podcast, there's more to unpack. To understand the significance of BRICS, we must begin with (wait for it) monetary sovereignty. Economist Yan Liang is an expert on China's economy and MMT. She joins Steve to discuss the evolving role of the BRICS nations (Brazil, Russia, India, China, South Africa) and the increasing number of countries becoming involved in challenging US dollar hegemony and the current global financial system. Weaponizing of the US dollar has reached an all-time high. Yan explains the specific ways in which US-dominated international institutions and dollar dependency impede development in the Global South. The episode looks at the significance of de-dollarization and its possible longterm effects. Yan also touches on the importance of technology transfer and intellectual property rights in building sustainable economies. Yan Liang is Peter C and Bonnie S Kremer Chair Professor of Economics at Willamette University. She is also a Research Associate at the Levy Economics Institute, a Non-Resident Senior Fellow at the Global Development Policy Center (Boston University), and a Research Scholar of the Global Institute for Sustainable Prosperity. Yan specializes in the Modern Monetary Theory (MMT), the Political Economy of China, Economic Development, and International Economics. Yan's current research focuses on China's development finance and industrial transformation, and China's role in the global financial architecture. @YanLian31677392 on X
"Colonized people have the right to resist." Economist and friend of the podcast Fadhel Kaboub talks with Steve about the effects of global hegemony and the ongoing attempts to shift the balance of power. They look at BRICS, though it's perhaps too soon to predict its ultimate outcome and influence. Fadhel argues that a true multipolar world cannot emerge without placing the Global South at the center of economic decision-making, challenging the existing economic domination by the US and other nations. The history of colonial exploitation continues to affect the resource-rich region.Fadhel also addresses the ways in which Israel is carrying out the US agenda in Gaza. He points out that the world's reaction is being influenced by the ready availability of direct information via social media. "The world didn't start on October 7th. There was a world before that. And there is a colonial project that was being built in Gaza and Palestine. "Every colonial case we've seen in Africa and the rest of the Global South created resistance movements and resistance. Some people resist in the streets, some people resist with little pebbles and stones, some people resist with weapons. Some people resist with their voice, some people resist with their pen. But it's resistance. And it's a legitimate right to resist. "It's beginning to click for a lot of people that colonized people have the right to resist." Fadhel Kaboub is an associate professor of economics at Denison University (presently on leave) and the president of the Global Institute for Sustainable Prosperity. He's the author of Global South Perspectives on Substack.Find his work at kaboub.com and globalsouthperspectives.substack.com@FadhelKaboub on Twitter
(Conversation recorded on April 24th, 2024) Show Summary: Engaging with the human predicament requires new ways of understanding the world - novel perspectives that are rooted in a more holistic and interdependent mindset than those dominant in the industrialized society of the past few centuries. Today's conversation with philosopher and social scientist Jonathan Rowson dives into the emerging ways of being that could serve us as we move toward a post-growth world, including what he has found particularly helpful in his decades of work studying the metacrisis. In a world of (often siloed) hyper-specific experts, how would valuing the role of the “expert generalist” both change the face of academia and help us understand the world from a more holistic systems perspective? How does metamodernism merge the best of modernism and postmodernism to create a more comprehensive and constructive view of reality? How do we find and embrace our calling in the context of the metacrisis in order to take purposeful action forward? About Jonathan Rowson: Jonathan Rowson is the Co-Founder and Chief Executive of Perspectiva, a publishing house and praxis collective based primarily in London. Perspectiva describes itself as an urgent one-hundred-year project to improve the relationship between systems, souls, and society in theory and practice. Jonathan is a philosopher and social scientist by academic training and has degrees from Oxford, Harvard and Bristol Universities. He has written extensively on the idea of metacrisis as our multifaceted delusion, and he is increasingly focused on experiments in community and spiritual praxis to help shift socio-economic immunity to change. He is an Open Society Fellow and a Fellow at The Centre for the Understanding of Sustainable Prosperity at the University of Surrey. In his prior role as Director of the Social Brain Centre at the Royal Society of Arts he authored influential research reports including A New Agenda on Climate Change, Money Talks, and Spiritualise. He is also a Chess Grandmaster and three-time British Champion (2004–6) and views the game as a continuing source of insight and inspiration. His book, The Moves that Matter – A Grandmaster on the Game of Life was published by Bloomsbury in 2019. For Show Notes and More Watch this video episode on Youtube
In the quest to mitigate climate change, transitioning industries to zero-carbon practices stands out as a paramount challenge. In this episode of the Climate Correction podcast, we delve into this crucial topic with Jeff Rissman, Senior Director of Industry Program at Energy Innovation. Rissman, with his extensive background in environmental science and policy, provides valuable insights into the complexities and opportunities inherent in this transition. At the heart of our discussion is exploring what the zero-carbon industry entails and why it's imperative for combating climate change. We examine the diverse sectors within the industry and their significant contributions to carbon emissions, highlighting the urgent need for decarbonization. Throughout the conversation, Rissman illuminates the challenges faced by industries in adopting zero-carbon practices, from technological limitations to regulatory hurdles. Yet, amidst these challenges lie vast opportunities for innovation and economic growth. By embracing sustainable technologies and fostering collaboration between industry, academia, and government, we can pave the way for a more sustainable and prosperous future. Policy and regulation play a pivotal role in driving this transition, and Rissman underscores the importance of effective policies and strategies to incentivize sustainable industry practices worldwide. He emphasized the critical role of renewable energy in powering the zero-carbon industry and the necessity of collective action to accelerate progress. As we navigate the complexities of this transition, it's crucial to remain committed to collaboration and innovation. Together, we can chart a path toward a zero-carbon industry and achieve sustainable prosperity for future generations. We heard an exciting announcement in the episode. Jeffrey Rissman has just released his new book, "Zero Carbon Industry: Transformative Technologies and Policies to Achieve Sustainable Prosperity." Available now on Amazon and Columbia University Press (link below), this book delves deeper into the strategies and technologies needed to drive the transition to a zero-carbon industry. As a special offer for our listeners, enjoy a 20% discount on zerocarbonindustry.com. Let's continue working together to create a more sustainable and prosperous future for all. Show links and speaker bio: ZeroCarbonIndustry.com Twitter LinkedIn JEFFREY RISSMAN is the senior director of the industry program at Energy Innovation, a nonpartisan energy and climate policy think tank. His work focuses on technologies and politics to achieve net zero industrial greenhouse gas emissions. He is the co-author of Designing Climate Solutions: A Policy Guide for Low-Carbon Energy (2018).
** If you haven't yet come to our Tuesday night listening party, this is the week to do so. Join the Real Progressives community as we dive in and discuss this episode. The registration link is posted on our Events Calendar prior to each Tuesday's session — it's usually up by Saturday. Look for Macro ‘n Chill. https://realprogressives.org/rp-events-calendar/This week Steve talks with our friend, economist Fadhel Kaboub. Followers of this podcast will recognize some of the themes we regularly focus on, including the debt trap facing countries of the global South, and the need for climate action and transformative economic development. Current plans under consideration are extractive and paternalistic, continuing the patterns of colonial exploitation.At the root of the external debt problem are three major structural issues: food deficits, energy deficits, and manufacturing deficits. Fadhel breaks down each of these problems, tracing the origins and suggesting how solutions will benefit not just Africa and the global South, but the international working class.“So, the type of thinking that we need to have today is one of two options. Do we work towards reforming this global economic architecture that was designed for these purposes? Or do we build a parallel, alternative economic architecture from the ground up? I'm of the opinion that the countries that dominate the current economic architecture will fight to death to keep their supremacy.”Steve and Fadhel also discuss MMT, degrowth, and the job guarantee. They look at the role China could play in Africa.Fadhel Kaboub is an associate professor of economics at Denison University (on leave), and the president of the Global Institute for Sustainable Prosperity. He is also a member of the Independent Expert Group on Just Transition and Development and serves as senior advisor with Power Shift Africa.@FadhelKaboub on Twitter
Money on the Left is proud to present recovered and remastered audio from our interview with Raúl Carrillo, published previously solely as a written transcript. The recording also includes a new audio introduction in which Billy Saas reflects on the significance of our dialog with Carrillo for contemporary politics. In our discussion, we explore the promise of the public money framework for advancing antiracist, anti-imperialist, and democratic politics across the world. We discuss how the public money or MMT perspective shapes his work as an attorney fighting against predatory finance and for an international, rights-based approach to full employment. A significant portion of the conversation is also devoted to Raúl's ongoing critique of the “taxpayer money” trope in U.S. political culture. In both his recent article for the UCLA Criminal Law Review and a 2017 piece (coauthored with Jesse Myerson) for Splinter, Raúl persuasively shows that the myth of “taxpayer money” is not only incorrect in operational terms, but also a significant threat to marginalized communities and a major rhetorical obstacle for progressive politics. Raúl Carrillo is an attorney, chair of the board of the Modern Money Network, Research Fellow with the Global Institute for Sustainable Prosperity, and member of the advisory board at Our Money. You can read his article for the UCLA Criminal Law Review here: https://escholarship.org/uc/item/7rp8g89c. See his article on “The Dangerous Myth of Taxpayer Money” here: https://splinternews.com/the-dangerous-myth-of-taxpayer-money-1819658902. Theme music by Hillbilly Motobike.Visit our Patreon page here: https://www.patreon.com/MoLsuperstructure
Le charbon, le gaz et le pétrole sont à la base de la révolution industrielle qui a façonné le monde dans lequel nous vivons. Leur combustion est aussi la principale cause du changement climatique puisqu'elle produit 75% des gaz à effet de serre. Une émission enregistrée à Dubaï. Invités : - Matthieu Auzanneau, directeur de The Shift project spécialisé dans la transition énergétique, auteur de Or noir, la grande histoire du pétrole aux éditions La Découverte- Youba Sokona, expert en Énergie pour le continent africain, ancien vice-président du GIEC de 2015 à 2023- Fadhel Kaboub, président du Global Institute for Sustainable Prosperity, conseiller principal de Power shift Africa.Reportage en Côte d'Ivoire.
**If you've been enjoying – and learning from – this podcast for the past five years, you'll want to know about the end of the year fundraiser for Real Progressives. For the rest of 2023, your donation will be fully matched by a generous supporter. If you donate $100 or more, you get a free t-shirt. We count on our community to help us pay for the equipment and platforms to bring you this important content.Donate here or go to our website, realprogressives.orgFadhel Kaboub is back for his lucky 13th episode. He talks with Steve about the concept of climate reparations and its significance in tackling the climate crisis. True reparations go beyond financial compensation; they must include transferring technology, repairing our ecosystem, and restructuring the global financial and trade systems.The global North must not shirk its historic responsibility and disproportionate impact of climate change on the Global South. Fadhel and Steve discuss the need for truth and reconciliation as a starting point for reparations. They highlight the significance of addressing the structural issues that perpetuate harm. Fadhel emphasizes the need for transparency and decentralized systems in order to prevent corruption and ensure that reparations reach those who need them most.Fadhel Kaboub is an Associate Professor of economics at Denison University and the president of the Global Institute for Sustainable Prosperity. Check out his recent work at https://justtransitionafrica.org/@FadhelKaboub on Twitter
Tracing the development journey of the Arabian Gulf region with a forward-looking perspective, Sustainable Prosperity in the Arab Gulf: From Miracle to Method (Routledge, 2023) describes how a combination of good fortune, creative experimentation, and determination has enabled the region to achieve prosperity. Today, the Arabian Gulf is well-positioned to assume a pivotal role in the new global order. Forced to balance an extreme climate and acute resource constraints, but also an exceptional location, the region's progress and prosperity have historically been precarious and vulnerable to external shocks. Efforts to transcend resource dependency have typically involved proactive attempts to enable other economic activities. This book argues that, while conventional economic diversification is making headway, the Gulf region is in fact amidst a far more holistic transformation that positions it for a pivotal role in the emerging multipolar global order. It now offers globally competitive regulations and world-class infrastructure at the heart of the Old World, flanked by two fast-growing continents. It has become the hub of choice for a growing share of inter-continental flows of people, trade, and capital, and has established strong economic ties in all directions. This book shows how, despite many risks and challenges, the region possesses the forward-looking vision and necessary resilience that can finally liberate it from its long-standing "resource curse" and a development paradigm that looks likely to provide the foundation for sustained well-being in the decades ahead. The scope and rigor of the book make it suitable as a reference on the Arabian Gulf and for those interested in global affairs and economic development, as well as policymakers and the business community. Jarmo T. Kotilaine has held several positions in the financial services sector and at government-related entities in the Gulf region, and currently works at a fund tasked with supporting economic diversification in Bahrain. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Tracing the development journey of the Arabian Gulf region with a forward-looking perspective, Sustainable Prosperity in the Arab Gulf: From Miracle to Method (Routledge, 2023) describes how a combination of good fortune, creative experimentation, and determination has enabled the region to achieve prosperity. Today, the Arabian Gulf is well-positioned to assume a pivotal role in the new global order. Forced to balance an extreme climate and acute resource constraints, but also an exceptional location, the region's progress and prosperity have historically been precarious and vulnerable to external shocks. Efforts to transcend resource dependency have typically involved proactive attempts to enable other economic activities. This book argues that, while conventional economic diversification is making headway, the Gulf region is in fact amidst a far more holistic transformation that positions it for a pivotal role in the emerging multipolar global order. It now offers globally competitive regulations and world-class infrastructure at the heart of the Old World, flanked by two fast-growing continents. It has become the hub of choice for a growing share of inter-continental flows of people, trade, and capital, and has established strong economic ties in all directions. This book shows how, despite many risks and challenges, the region possesses the forward-looking vision and necessary resilience that can finally liberate it from its long-standing "resource curse" and a development paradigm that looks likely to provide the foundation for sustained well-being in the decades ahead. The scope and rigor of the book make it suitable as a reference on the Arabian Gulf and for those interested in global affairs and economic development, as well as policymakers and the business community. Jarmo T. Kotilaine has held several positions in the financial services sector and at government-related entities in the Gulf region, and currently works at a fund tasked with supporting economic diversification in Bahrain. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/middle-eastern-studies
Tracing the development journey of the Arabian Gulf region with a forward-looking perspective, Sustainable Prosperity in the Arab Gulf: From Miracle to Method (Routledge, 2023) describes how a combination of good fortune, creative experimentation, and determination has enabled the region to achieve prosperity. Today, the Arabian Gulf is well-positioned to assume a pivotal role in the new global order. Forced to balance an extreme climate and acute resource constraints, but also an exceptional location, the region's progress and prosperity have historically been precarious and vulnerable to external shocks. Efforts to transcend resource dependency have typically involved proactive attempts to enable other economic activities. This book argues that, while conventional economic diversification is making headway, the Gulf region is in fact amidst a far more holistic transformation that positions it for a pivotal role in the emerging multipolar global order. It now offers globally competitive regulations and world-class infrastructure at the heart of the Old World, flanked by two fast-growing continents. It has become the hub of choice for a growing share of inter-continental flows of people, trade, and capital, and has established strong economic ties in all directions. This book shows how, despite many risks and challenges, the region possesses the forward-looking vision and necessary resilience that can finally liberate it from its long-standing "resource curse" and a development paradigm that looks likely to provide the foundation for sustained well-being in the decades ahead. The scope and rigor of the book make it suitable as a reference on the Arabian Gulf and for those interested in global affairs and economic development, as well as policymakers and the business community. Jarmo T. Kotilaine has held several positions in the financial services sector and at government-related entities in the Gulf region, and currently works at a fund tasked with supporting economic diversification in Bahrain. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs
Tracing the development journey of the Arabian Gulf region with a forward-looking perspective, Sustainable Prosperity in the Arab Gulf: From Miracle to Method (Routledge, 2023) describes how a combination of good fortune, creative experimentation, and determination has enabled the region to achieve prosperity. Today, the Arabian Gulf is well-positioned to assume a pivotal role in the new global order. Forced to balance an extreme climate and acute resource constraints, but also an exceptional location, the region's progress and prosperity have historically been precarious and vulnerable to external shocks. Efforts to transcend resource dependency have typically involved proactive attempts to enable other economic activities. This book argues that, while conventional economic diversification is making headway, the Gulf region is in fact amidst a far more holistic transformation that positions it for a pivotal role in the emerging multipolar global order. It now offers globally competitive regulations and world-class infrastructure at the heart of the Old World, flanked by two fast-growing continents. It has become the hub of choice for a growing share of inter-continental flows of people, trade, and capital, and has established strong economic ties in all directions. This book shows how, despite many risks and challenges, the region possesses the forward-looking vision and necessary resilience that can finally liberate it from its long-standing "resource curse" and a development paradigm that looks likely to provide the foundation for sustained well-being in the decades ahead. The scope and rigor of the book make it suitable as a reference on the Arabian Gulf and for those interested in global affairs and economic development, as well as policymakers and the business community. Jarmo T. Kotilaine has held several positions in the financial services sector and at government-related entities in the Gulf region, and currently works at a fund tasked with supporting economic diversification in Bahrain. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
Tracing the development journey of the Arabian Gulf region with a forward-looking perspective, Sustainable Prosperity in the Arab Gulf: From Miracle to Method (Routledge, 2023) describes how a combination of good fortune, creative experimentation, and determination has enabled the region to achieve prosperity. Today, the Arabian Gulf is well-positioned to assume a pivotal role in the new global order. Forced to balance an extreme climate and acute resource constraints, but also an exceptional location, the region's progress and prosperity have historically been precarious and vulnerable to external shocks. Efforts to transcend resource dependency have typically involved proactive attempts to enable other economic activities. This book argues that, while conventional economic diversification is making headway, the Gulf region is in fact amidst a far more holistic transformation that positions it for a pivotal role in the emerging multipolar global order. It now offers globally competitive regulations and world-class infrastructure at the heart of the Old World, flanked by two fast-growing continents. It has become the hub of choice for a growing share of inter-continental flows of people, trade, and capital, and has established strong economic ties in all directions. This book shows how, despite many risks and challenges, the region possesses the forward-looking vision and necessary resilience that can finally liberate it from its long-standing "resource curse" and a development paradigm that looks likely to provide the foundation for sustained well-being in the decades ahead. The scope and rigor of the book make it suitable as a reference on the Arabian Gulf and for those interested in global affairs and economic development, as well as policymakers and the business community. Jarmo T. Kotilaine has held several positions in the financial services sector and at government-related entities in the Gulf region, and currently works at a fund tasked with supporting economic diversification in Bahrain. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices
The traditional economic concepts that the Global North has been using since WWII assume that there is an infinite planet and that pollution has no economic consequences - assumptions that are wildly wrong. In contrast, ecological economics is a model designed to respect the fact that our economy exists on a finite planet and puts more emphasis on the quality of economic activity than its quantity. But a shift in mindset of this magnitude to embrace this new way of thinking requires guidance and a proper roadmap if it's to be successfully integrated into urban policies. This episode sees Cities 1.5 looking to translate the theoretical into the practical by speaking to one of the world's leading ecological economists, Tim Jackson, for a stand alone interview to help demonstrate what cities can do to deliver shared prosperity - not just an unsustainable goal of infinite growth.Featured guests:Tim Jackson is Professor of Sustainable Development at the University of Surrey and Director of the Centre for the Understanding of Sustainable Prosperity - a multi-disciplinary, international research consortium that aims to explore the economic, social, and political dimensions of sustainable prosperity. He is an award-winning economist and published author of several books, including his latest: Post Growth: Life After Capitalism. LinksPost Growth: Life After Capitalism by Tim Jackson (Polity Press, 2021)“Prosperity Beyond Growth: An Emerging Agenda for European Cities,” by Ben Rogers et al., Journal of City Climate Policy and EconomyProsperity without growth? The transition to a sustainable economy report by Professor Tim Jackson,Economics Commissioner, Sustainable Development CommissionProsperity without Growth (book) by Tim JacksonTransition Network websiteBeyond GDP: A proposed new economic framework: Vancouver - C40 Knowledge HubImage credit: © Rosanna Wan C40If you want to learn more about the Journal of City Climate Policy and Economy, please visit our website: https://jccpe.utpjournals.press/Cities 1.5 is a podcast by University of Toronto Press and is produced in association with the Journal of City Climate Policy and Economy. Our executive producers are Isabel Sitcov, Peggy Whitfield, Jessica Abraham, Claudia Rupnik, and Dali Carmichael.Produced by Jess Schmidt: https://jessdoespodcasting.com/Music is by Lorna Gilfedder: https://origamipodcastservices.com/
**Tuesday evenings, Real Progressives and friends gather on Zoom for a listening party and discussion of Macro N Cheese. To register, go to the events calendar on our website and look for the upcoming Tuesday: https://realprogressives.org/rp-events-calendar/ This week's episode welcomes back Fadhel Kaboub, a valued friend of this podcast. He and Steve discuss the concept of just transition and the problems with carbon markets as a solution to climate change. They stress the injustice of historic polluters buying carbon credits to continue polluting while displacing vulnerable communities in developing countries. It is yet another capitalist solution. The current global financial architecture, established during colonial times, is neither designed to address the climate crisis nor to promote sustainable prosperity.They emphasize the need for systemic change and a new vision for Africa and the global South that prioritizes food sovereignty, energy sovereignty, and industrial policy. They talk about the power dynamics between labor and capital, the role of governments in perpetuating inequality, and the importance of mobilizing and organizing for change.They highlight the narrow constructs that society is allowed to consider, which prevent true transformation and progress. They emphasize the importance of recognizing our interconnectedness and the need for what Fadhel calls “a movement of movements.”Fadhel Kaboub is an Associate Professor of economics at Denison University, the president of the Global Institute for Sustainable Prosperity. Check out his recent work at https://justtransitionafrica.org/@FadhelKaboub on Twitter
RP Book Club spent four weeks on The Case for a Job Guarantee, by Pavlina R. Tcherneva. Each week featured a different guest expert who led the discussion and answered questions. Listeners to this podcast will recognize their names, including Pavlina herself, Fadhel Kaboub, Ben Wilson, and Rohan Grey. We were also honored to have Bill Black and June Carbone join in.For this episode, Macro N Cheese is releasing the audio recording of all four sessions. Since it is unusually long, the time codes for each segment are included below.[00:03:09 - 01:55:41] Session OneGuest: Fadhel KaboubIntroductionChapter 1, “A Public Option for Good Jobs”Chapter 2, “A Steep Price for a Broken Status Quo”[01:55:41 - 03:17:41] Session TwoGuest: Pavlina TchernevaChapter 3, “The Job Guarantee, a New Social Contract and Macroeconomic Model”Chapter 4, “But How Will You Pay for It?”[03:18:44 - 04:41:57] Session ThreeGuest: Ben WilsonChapter 5, “What, Where, and How: Jobs, Design, and Implementation”[04:41:57 - 06:29:43] Session FourGuest: Rohan GreyChapter 6, “The Job Guarantee, the Green New Deal, and Beyond”Use this link to order a copy of The Case for a Job Guarantee, by Pavlina R. TchernevaDr. Fadhel Kaboub is Under-Secretary-General for Financing for Development of the Organisation of Educational Cooperation (OEC). He is an Associate Professor of Economics (on leave) at Denison University and President of the Global Institute for Sustainable Prosperity.@FadhelKaboub on TwitterPavlina R. Tcherneva is an Associate Professor of Economics at Bard College, the Director of OSUN's Economic Democracy Initiative, and a Research Scholar at the Levy Economics Institute, NY. She specializes in modern money and public policy. Find her work at pavlina-tcherneva.net@ptcherneva on TwitterBenjamin C. Wilson is an Associate Professor of Economics at the State University of New York at Cortland and a research scholar at the Global Institute for Sustainable Prosperity.@autogestion77 on TwitterRohan Grey is an Assistant Professor of Law at Willamette University in Salem, Oregon, and the founder and president of the Modern Money Network. MintTheCoin.org@rohangrey on Twitter
“...Because we recognize that taxes are not a funding operation, there's this myth that people who support MMT don't want to use fiscal policy to promote equity. Of course, taxes are redistribution … Things have gotten way out of hand, so taxation is also intended to promote equity, to affect distribution and allocation. Resource allocation.”Mat Forstater was on this podcast four years ago (episode 21!) recounting the history of MMT. He described his early days at Levy Institute and UMKC, his relationship with Warren Mosler and Pavlina Tcherneva, and how they established MMT as interdisciplinary, expanding into law and humanities. If you haven't listened to that episode, we urge you to check it out.This week, Mat talks to Steve about the role of taxation in the economy and its relation to government spending. It's not enough to understand how taxes create a demand for the nation's currency and give it value. Mat always reminds us to consider the total impact of any policy — from using taxation to encourage or discourage behavior, to its ripple effects and unintended consequences.They touch on the importance of decoupling taxation from federal programs and the need to design tax policies that consider the indirect effects on society. They also talk about the potential deflationary impact of programs like Medicare for All, and whether a job guarantee can address unemployment and provide quality jobs.Dr. Mathew Forstater is a professor in Economics at the University of Missouri/Kansas City and the Research Director of the Global Institute for Sustainable Prosperity. having received a Ph.D. at The New School for Social Research. His research focuses on the History of Economic Thought, Economic Methodology, Political Economy, Public Policy, Economics of Discrimination, Environmental Economics, African and African American Economic History. @mattybram on Twitter
In this fascinating discussion, Andrés shares his expertise on economics and money and how policy and politics are created. Andrés challenges the 'taken-for-granted' assumptions that underpin economics and money, he shines the light of emotions onto the topic; or what in psychoanalysis we call the libidinal economy i.e. the underpinning unconscious and emotional drivers that shape political and economic choices. Andrés shares his view that not only neo-liberal conservatives are attached to the status quo, and argues that many progressives and those on the political left also get caught up in these normative economic and political 'myths'. Radical political agendas are undermined by ideas like "we must stick to the fiscal rules" and "we cannot borrow our way out of this mess". Post second world war construction of the National health service and welfare state in the UK, showed how political will can deliver change when a country is most economically challenged; the same happened in the Covid Pandemic financial crash when all the rules changed to accommodate radical financial policies to keep businesses afloat. Simon and Andrés discuss class and identity politics, the rise of populism and how we need to bring care back into our political and social way of thinking. In this wide-ranging discussion, we explore the interconnections between our unconscious and emotional lives, economics, politics and money. Enjoy this powerful podcast! Bio Andrés Bernal is a lecturer in urban studies at the City University of New York and a Research Fellow with the Global Institute for Sustainable Prosperity. His focus is on the bridging of theory and practice for fostering equitable and sustainable social systems including researching and advocating for policies like the Green New Deal in the United States. He is a former policy advisor for congresswoman Alexandria Ocasio Cortez and co-host of the podcast, Funny Money.
At PGAP, we are huge fans of Modern Monetary Theory (MMT). However, the question is often asked, how can an understanding of MMT, or a broader understanding of economics, help the cause when it comes to degrowth advocacy or environmental activism? For this episode, we warmly welcome Gabrielle Bond, CEO of Adelaide based Modern Money Lab and member of Extinction Rebellion, to tell us more about how MMT can inform our activism toward a better, more equitable, post-growth world. For further reading, Gabrielle recommends the short article from Jason Hickel: “DEGROWTH AND MMT: A THOUGHT EXPERIMENT. (https://www.jasonhickel.org/blog/2020/9/10/degrowth-and-mmt-a-thought-experiment)” You can find out more about Modern Money Lab here (https://modernmoneylab.org.au/). Gabrielle also recommends the YouTube Video: “A Message From the Future With Alexandria Ocasio-Cortez (https://www.youtube.com/watch?v=d9uTH0iprVQ&t=2s)”. Modern Money Lab have just opened the first two subjects of the masters degree as stand alone subjects that anyone can take: 'Foundations of Real-World Economics' and 'Foundations of Modern Money, Institutions and Markets'. Find out more here (https://modernmoneylab.org.au/courses/short-courses/?fbclid=IwAR0hsSsZQokd2X3YiF_md4qB23bKmALaeCnfrWChuNA2oHZbIHus7fxbWg0). PGAP has touched on MMT and ecological economics several times throughout our run. We recommend checking out the Season 3 episode “Ecological Economies and MMT with Steve Williams (https://pgap.fireside.fm/stevewilliams).” You may be also interested in the Season 2 interview with Economic Reform Australia (https://pgap.fireside.fm/era), who are also based in Adelaide and whose Patrons, Prof Stephanie Kelton and Prof Phil Lawn, are also actively involved with Modern Money Lab. Our co-host, Mark Allen, first worked with Gabrielle through Sustainable Prosperity, where he delivered a zoom presentation on behalf of Town Planning Rebellion. The video of the presentation may be seen here. (https://www.youtube.com/watch?v=74F9L34o8VE&t=37s) In April 2023, PGAP enjoyed its highest ever monthly downloads to date, doubling its average monthly downloads. This is very encouraging considering the fact that PGAP covers critical issues that are widely ignored or suppressed by mainstream media and the mainstream political landscape. Let's work together to build on this momentum. Subscribe to PGAP (https://pgap.fireside.fm/subscribe)and rate/review us on your favourite platform, such as Apple Podcasts (https://podcasts.apple.com/au/podcast/post-growth-australia-podcast/id1522194099). Share this and other episodes widely among your networks. Contact PGAP (https://pgap.fireside.fm/contact)to give us feedback and your ideas for future episodes and guests. Want to find out more about your PGAP co-hosts? You can find out more about Michael Bayliss at his website here. (https://michaelbayliss.org/) You can find out more about Mark Allen's other work at the Holistic Activism website (https://holisticactivism.net/). Special Guest: Gabrielle Bond.
Tim Jackson delivers a thought-provoking exploration of the urgent need to redefine and measure progress in a different way, given that our current economic system is clearly unsustainable and toxic. Jackson challenges the myth of eternal economic growth and its impact on our finite resources and a rapidly warming planet. He questions the predominant measure of progress across the world, Gross Domestic Product, and the popular belief that governments need to continually increase production and consumption to keep GDP rising. Jackson explores alternative ways to think about progress and prosperity that are in balance with our planetary boundaries, highlighting the devastating impact of pursuing GDP growth as a policy goal, including climate destabilisation, financial market meltdowns as well as the loss of forests and natural habitats. He argues that it's time to change to a new metric, amid ever-louder concerns about the failure of national economies to tackle the multiple threats posed by climate change, spiraling energy costs, insecure employment, and widening inequality. Tim Jackson, an ecological economist and writer, is the Director of the Center for the Understanding for Sustainable Prosperity at the University of Surrey. Tim is the author of Prosperity Without Growth, Material Concerns and Post Growth—Life After Capitalism. Thoughts and suggestions? Email us at SystemShift@greenpeace.orgThis episode of SystemShift comes from Greenpeace Nordic and is hosted by Greenpeace campaigner and former Swedish politician and Green MEP, Carl Schlyter, and produced by Alexia Fridén, with additional support from Ariadna Rodrigo, Juliana Costa, Christian Aslund and Attila Kulcsár at Greenpeace. Hosted on Acast. See acast.com/privacy for more information.
What are the Four Pillars on the path to NIMBLICITY™ and SUSTAINABLE PROSPERITY™? What is the Keystone characteristic that can cultivate a positive and resilient mindset that can enhance our personal and professional lives in many ways? This week's energy boost Challenge: Begin each day by asking, "Who can I see today that is normally invisible to me and express gratitude for the service they provide?"
Dr. Fadhel Kaboub was recently appointed Under-Secretary-General for Financing for Development of the Organisation of Educational Cooperation (OEC), an international intergovernmental organisation founded by countries from across the Global South. In honor of Fadhel's new position, we're releasing Steve's very first interview with him from back in the day when we live streamed onto Facebook. Steve thinks his questions are very different today — more disciplined. Some of us can't get over how young he sounded. It was only five years ago!Fadhel and Steve discuss the spectrum of monetary sovereignty from full sovereignty to completely non-sovereign. Fadhel explains the structural debt traps developing nations find themselves in. They have deficits related to lack of sufficient food or energy production, forcing them to rely on imports.“Those are things that, no matter what you do as a central bank, you're not going to eliminate those structural issues unless as a country you start investing in renewable energy so that you don't have to import fossil fuels anymore or you invest in a sustainable agricultural policy to let you have food self-sufficiency.”The hole in their trade deficit leads to depreciation of their exchange rate.“And then the next morning or the next month when you as a country try to import food or fuel, you're going to import it at a higher price. So you'd be importing inflation into your domestic economy ... The inflation is related to a weakness of the productive capacity of the domestic system plus the imported inflation that happens because of the depreciation of the exchange rate.”Fadhel and Steve also discuss the devastating effects of unemployment and the potential of a Job Guarantee Program for developing countries.Dr. Fadhel Kaboub is Under-Secretary-General for Financing for Development of the Organisation of Educational Cooperation (OEC). He is an Associate Professor of Economics (on leave) at Denison University and President of the Global Institute for Sustainable Prosperity.@FadhelKaboub on Twitter
Sustainable growth was the focus of the recent World Economic Forum annual meeting in Davos, but how realistic is this goal, and what would it look like? The idea of degrowth, as a counter to the status quo of aiming for exponential growth, has also been gaining popularity. Last year's IPCC report on mitigating climate change cited it for the first time, and the European Research Council has recently given NZ$15.5 million to degrowth academics to study 'post growth' policies. Professor Tim Jackson is a specialist in sustainable development at the University of Surrey, Director of the Centre for the Understanding of Sustainable Prosperity and on Air New Zealand's Sustainability Advisory Panel. His latest book is Post Growth - Life after Capitalism.
Across the globe, health-care workers have gone on strike to protest the stress placed on them by the global COVID-19 pandemic and economic downturn, pushing already-strained services beyond their limits. These labour actions are part of the challenges faced by countries attempting to provide welfare services to their populations. We talk to three experts about why social welfare services are being cut, and what actions governments may need to take to ensure better access. Featuring Miguel Niño-Zarazúa, senior economics lecturer at the School of Oriental and African Studies in London in the UK, Christine Corlet Walker, a research fellow at the Center for the Understanding of Sustainable Prosperity at the University of Surrey, also in the UK, and Erdem Yörük, assistant professor at Koç University in Istanbul in Turkey.This episode was produced by Mend Mariwany and Katie Flood. The executive producer is Mend Mariwany. Eloise Stevens does our sound design and our theme music is by Neeta Sarl. Full credits for this episode are available here. A transcript will be available soon. Sign up here for a free daily newsletter from The Conversation.Further reading: Better income assistance programs are needed to help people with rising cost of livingCOVID-19 holds lessons for the future of social protectionDegrowth: why some economists think abandoning growth is the only way to save the planet – podcast Hosted on Acast. See acast.com/privacy for more information.
In this episode of the Sustainable Minds podcast, Oliver Dudok van Heel joins Gary Baker and Roxanne "Rocket" White to explore how companies can set up clear and measurable ESG goals, what mid-cap and small-cap companies should consider when entering the sustainability world, and their vision for sustainability over the next five to ten years. Oliver is a sustainability expert with over twenty years of experience as a corporate sustainability advisor, helping multinational enterprises manage the risks and capture growth opportunities arising from the sustainability agenda. He is the Global Sustainability Director at Kearney and a Fellow at the University of Cambridge Programme for Sustainability Leadership and at the Centre for the Understanding of Sustainable Prosperity. Before Kearney, Oliver was the Head of Client Sustainability and Environment and Head of Corporate Responsibility at Freshfields Bruckhaus Deringer, Director at Aldersgate Group, and Sustainability Director at Radley Yeldar.
**Thank you to our listeners! Can you believe this is our 200th episode? Crazy, right? Well, it wouldn't have been possible without the efforts of a dedicated team. Our sound editor and engineer, Andy Kennedy, has spent thousands of hours (literally) producing these weekly gems. Then there's the diligent band of copy editors—Brad Sandler, Jonathan Kadmon, Jay Spencer, and yours truly, Virginia Cotts, (plus, in earlier days, Rose Ann Rabiola Miele and Rob Baxter)—who pore over every AI-generated transcript, correcting mistakes and fixing punctuation for clarity. Julie Alberding, the RP website's reigning eminence, created the layout. Each week she meticulously formats and posts the transcript, show notes, and extras. And let's not forget our inimitable host, Steve Grumbine, who invites us along on his personal quest for knowledge. The journey has resulted in some unforgettable interviews, invaluable content, and a few “aha!” moments.**It's fitting that our 200th episode is also Fadhel Kaboub's 10th. Fadhel is the non-economist's economist. You don't need a new language to learn from him. In this episode he revisits some familiar themes, expands upon them and draws conclusions that... well, they just make so much sense.He looks at global changes, post-2008, post-Covid, and post-Russia/Ukraine. To avoid future disruptions to the supply chain, the three major power blocs—the US and North America, the EU and western Europe, and China, with Russia and central Asia in the hub—are looking to repatriate strategic industries. They are consolidating their sovereignty in terms of food, energy, high-tech manufacturing, strategic industries, and geopolitical, geostrategic sovereignty within each region. That leaves the global South as the place all three blocs perceive as the source of cheap raw materials, the dumping-ground for surplus output, and the site for low-cost assembly line manufacturing.“So that's the world that is emerging. The question for me and for the global South in general, and for Africa as a continent in particular, how do we position ourselves on this new map? And I think I said it before to you on the show, Steve. If you don't have a long-term strategic vision for yourself, you're going to be part of somebody else's strategic vision.”Fadhel proceeds to describe the structural deficiencies that neocolonial nations must overcome and then lays out his vision for the solution.“And that's been one of the most important things that I'm trying to convey to global South activists, academics, public intellectuals, and people who have influence in government policy on the African continent, is formulating that coherent pan-African vision for economic sovereignty, food sovereignty, energy sovereignty, technological sovereignty, and then leveraging that coherent vision—on African terms—to partner with anybody, including China.”He talks about the IMF and its debt traps. He talks about the built-in roadblocks on the path to energy independence. He talks of the need for truth and reconciliation commissions and looks at what post-colonial reparations must include. If you made a diagram of this discussion, there would be arrows connecting each piece to all the others. Sounds dialectical, doesn't it?Dr. Fadhel Kaboub is an Associate Professor of Economics at Denison University and President of the Global Institute for Sustainable Prosperity.@FadhelKaboub on Twitter
Professor of Economics Fadhel Kaboub joins Doug Pagitt and Dan Deitrich to talk about inflation: what really causes it and what we can do to fight it. Fadhel Kaboub, Ph.D. is President of the Global Institute for Sustainable Prosperity and Associate Professor of economics at Denison University. His research focuses on the Political Economy of the Middle East and the fiscal and monetary policy dimensions of job creation programs. He is a widely published author and his recent work has been presented at many prestigious institutions including the Harvard Kennedy School of Government, Harvard Law School, Cornell University, Columbia University, Sorbonne University, and the National University of Singapore. twitter.com/FadhelKaboub Doug Pagitt is the Executive Director and one of the founders of Vote Common Good. He is also a pastor, author, and social activist. @pagitt Daniel Deitrich is a singer-songwriter, former-pastor-turned-activist, and producer of The Common Good Podcast. @danieldeitrich Our theme music is composed by Ben Grace. @bengracemusic votecommongood.com votecommongood.com/podcast facebook.com/votecommongood twitter.com/votecommon
The movement for free universal healthcare is under attack. Groups like March for Medicare for All, National Single Payer, and others, have been criticized for not buying into the Democratic Party's agenda promoting individual state healthcare initiatives. The party wants us to stop pressuring Congress. They tell us to go home. They say there's more likelihood of success in our statehouses. Well, MMT-informed activists can see through the party's obfuscation. The single-state solution is no solution at all. The US federal government is the currency issuer; it creates US dollars by spending them into existence. States and cities are currency users. Before they can spend, they must somehow earn or borrow that money, ultimately placing the burden onto the citizens, whether through taxes or cuts to other programs. It doesn't matter how fat their tax base is, even the state of California and the city of New York must balance their budgets. The difference between currency issuer and currency user is at the heart of the matter. Since its founding, Real Progressives' stated mission has been to help arm activists with a useful understanding of Modern Monetary Theory. “We're not going to move the needle unless we mobilize and organize. And as I say, sometimes it's not enough to be angry and it's not enough to raise the pitchforks. We want not just organized pitchforks but well-informed pitchforks. And I think MMT provides the right framing to mobilize this movement.” This week's episode comes from the webinar we hosted as part of our RP Live series for our friends at M4M4ALL. It gave them the opportunity to talk with one of our favorite economists, Fadhel Kaboub, who spent the hour answering their questions and arming them against the “taxpayer dollars” bamboozlement of those in power. In the Macro N Cheese clubhouse, we like to say we're weaponizing knowledge. ***** Be sure to check out our website, realprogressives.org, where you will find additional resource material. Use the Media drop-down menu and select Macro N Cheese to access past episodes of this podcast (192 so far!), each accompanied by a transcript and an “Extras” page of useful links. Visit m4m4all.org to learn how you can help their efforts. Dr. Fadhel Kaboub is an Associate Professor of Economics at Denison University and President of the Global Institute for Sustainable Prosperity. @FadhelKaboub on Twitter
Economist Fadhel Kaboub, from Denison University, helps us understand how the economy really works when the Federal Government spends money or cancels borrowers debt. And, we see how you, and your children, are not paying for the cancelation of others people debt. Fadhel Kaboub, Ph.D. is President of the Global Institute for Sustainable Prosperity and Associate Professor of economics at Denison University. His research focuses on the Political Economy of the Middle East and the fiscal and monetary policy dimensions of job creation programs. He is a widely published author and his recent work has been presented at many prestigious institutions including the Harvard Kennedy School of Government, Harvard Law School, Cornell University, Columbia University, Sorbonne University, and the National University of Singapore. twitter.com/FadhelKaboub Doug Pagitt is the Executive Director and one of the founders of Vote Common Good. He is also a pastor, author, and social activist. @pagitt Robb Ryerse is a pastor, author, and Political Organizer at Vote Common Good. You can find his book about running for congress as a Progressive Republican in Arkansas here: Running For Our Lives @RobbRyerse The Common Good Podcast is produced and edited by Daniel Deitrich. @danieldeitrich Our theme music is composed by Ben Grace. @bengracemusic votecommongood.com votecommongood.com/podcast facebook.com/votecommongood twitter.com/votecommon
Welcome to season 2, episode 12 of Modern Money Doughnuts (MMD), hosted by Steven Hail and Gabrielle Bond. MMD is an international show about modern monetary theory and ecological economics. This week, Steven and Gabie talk to Fadhel Kaboub, the President of the Global Institute for Sustainable Prosperity and consultant to Modern Money Lab , is one of the world's leading MMT economists and an expert on sustainability, and the global south. We asked Fadhel about what has been driving global food prices, about his role in climate change discussions among African politicians and diplomats. (All episodes of Modern Money Donuts can be found on this page by Modern Money Labs.) Here's the video from which this audio comes from. (The audio is unedited.) MMD is hosted by Kerberos Media, and the audio podcast is, for now, hosted by Activist #MMT. So if you'd like to be automatically notified of each new MMD episode, then subscribe to Activist #MMT on your favorite podcast platform.
Welcome to season 2, episode 12 of Modern Money Doughnuts (MMD), hosted by Steven Hail and Gabrielle Bond. MMD is an international show about modern monetary theory and ecological economics. This week, Steven and Gabie talk to Fadhel Kaboub, the President of the Global Institute for Sustainable Prosperity and consultant to Modern Money Lab , is one of the world's leading MMT economists and an expert on sustainability, and the global south. We asked Fadhel about what has been driving global food prices, about his role in climate change discussions among African politicians and diplomats. (All episodes of Modern Money Donuts can be found on by Modern Money Labs.) Here's from which this audio comes from. (The audio is unedited.) MMD is hosted by Kerberos Media, and the audio podcast is, for now, hosted by Activist #MMT. So if you'd like to be automatically notified of each new MMD episode, then subscribe to Activist #MMT on your favorite podcast platform.
Traditional economics treats our planet as an infinitely exploitable resource. Clearly that is impossible and already there are disturbing signs of a planet in distress. But even if we ignore that, is endless growth really good for us? Where does it end? When we talk briefly about MMT (Modern Monetary Theory), we refer to 'monetary sovereign' nations - for a definition, see Wikipedia. Philip is Adjunct Professor at Torrens University, a Research Scholar at the Global Institute for Sustainable Prosperity, and a member of the Wakefield Futures Group (South Australia). Interview by Rod as part of the series with authors in our book Sustainability and the New Economics.
In this episode, Andrés Bernal and Natalie T. Smith critique the recent mainstream econ Twitter shaming of MMT, while vibing on left heterodox anti-racist & feminist economics. The conversation then turns toward Latin American politics and Andrés' latest paper on inflation for the Global Institute for Sustainable Prosperity.Andrés' paper: http://www.global-isp.org/working-paper-no-132/Link to our Patreon: https://www.patreon.com/MoLsuperstructure
** If you haven't checked out the transcripts and extra resources for all 166 episodes of Macro N Cheese, what are you waiting for? Go to realprogressives.org/macro-n-cheese-podcast ** Steve opens this episode with the MMT observation of the government's ability to purchase anything for sale in US dollars if the real sources are available – and if we have the political will. When it comes to getting things done, this is of fundamental importance. Steve's guest, Paul Herman, agrees and looks beyond the government: “...because we have five crises of our time, and those crises are going to require a multi-sector approach. So, the five crises include a health crisis: COVID and its lingering effects ... and the impacts on our existing health care system and healthcare workers. We have a wealth crisis with inequality among many different geographies and income levels. We have an Earth crisis requiring climate action as fast as possible. That also requires equitable climate action because we have gaps in equality and inequality by race, by gender, by age. And then we have a trust crisis.” We met Paul Herman through the Global Institute for Sustainable Prosperity, where he is a Research Fellow. He is also the founder and CEO of HIP Investors. In this episode you will hear areas of agreement between Steve, an unabashed anti-capitalist, and Paul, a portfolio manager and Chief Investment Officer: “Government's job is to ensure a better quality of life, a higher well-being, access to health, wealth, earth, equality, and trust.” As an activist and independent media content producer, Steve's message sometimes leans toward the aspirational. Paul delves into complex problems in the here and now. Throughout the interview, he takes us through examples of consulting with private corporations or municipalities and using a multi-sector approach – primarily government, NGO, and private capital – to address complex issues of sustainability, environmental action, fair pay, or other social and governance factors. These are new waters for some of our listeners to navigate. There is always something to learn on Macro N Cheese, don't you agree? R. Paul Herman is a Research Fellow at the Global Institute for Sustainable Prosperity, and founder and CEO of HIP (Human Impact + Profit) Investor. He is a globally recognized leader and author in sustainable finance, impact, ESG, and SDG measurement — and investing to pursue positive impact and profit. HIP manages diversified, fossil-fuel-free portfolios for investors. Herman is the author of The HIP Investor book (Wiley, 2010) and co-editor and co-author of the Global Handbook of Impact Investing (Wiley, 2021). @HIPinvestor on Twitter
In today's episode, Pete and Sparky sit down with Yeva Nersisyan, a Research Scholar at the Global Institute for Sustainable Prosperity and an Associate Professor of economics at Franklin and Marshall College, to discuss an MMT-informed approach to making the Green New Deal a reality, and to go over some 'MMT 101'-related questions.Read Yeva Nersisyan and Randall Wray's policy brief "Can We Afford the Green New Deal?" at https://www.levyinstitute.org/publications/can-we-afford-the-green-new-dealThis episode was edited by Dan Thorn (@danieljtvthorn) of Pink Noise Studios in Somerville, MA, and it features theme music by Danny Bradley. If you liked the podcast, please consider supporting our investigations on our Patreon.Find Pete on Twitter at @PeteDDavis and Sparky at @sparkyabraham
It's hard to imagine ever having been unaware of the concept of bullshit jobs, but David Graeber made it official and helped us understand their role in our economy. Bullshit jobs are not necessarily shit jobs, nor are they low wage jobs, or dirty jobs. Bullshit jobs are those that are meaningless. The person doing the bullshit job doesn't believe the work actually needs to get done. This week's guest, Erik Dean, has studied the nature of modern jobs within money manager capitalism. He points out that bullshit jobs aren't just a product of neoliberalism: “Speculative business and these labor hierarchies of the people with secure jobs versus the precariat … those things have been around. and it's not even necessarily part of capitalism. This is one reason it's good to read Thorstein Veblen, because in an anthropological sense, he takes it back to prior to capitalism. It's not like we didn't have hierarchies before capitalism. It's not like we didn't have power and it's not like we didn't have bullshit jobs. What the hell is a court jester? It's a bullshit job to entertain the king or whatever.” Dean talks with Steve about financialized capitalism – money market capitalism – and his disagreements with many on its basic characteristics. Just as bullshit jobs existed prior to our contemporary world, so did some of its other qualities, including its speculative nature and “short termism.” It was once thought that technology would relieve us of onerous jobs, allowing a shorter, lighter workweek, exchanging bullshit jobs for socially useful work. Steve confesses skepticism about the possibility of such a revolution. Dean responds: “If we were capable individually and collectively to reimagine what work is, what your time is best spent doing, and to break free of that encroaching neoliberal finance capitalist ideology that is, again, just gradually soaking into how we think about everything. To some extent, that is a revolution. If you can change the way you think and break free of the wider education of this neoliberalist ideology, that itself is a revolution.” **Don't forget to check out the transcript for this and every episode of Macro N Cheese as well as the Extras page with additional resources. Find them at realprogressives.org/macro-n-cheese-podcast/ Erik Dean is an Instructor of Economics at Portland Community College and researcher at the Global Institute for Sustainable Prosperity. His core expertise is in heterodox production theory, institutionalist methodology, and pedagogy in economics. His recent research covers a range of topics, including the nature of the modern occupational structure and the place of the corporation in money manager capitalism and the ramifications thereof.
Tim Jackson, Director of the Centre for the Understanding of Sustainable Prosperity and author of several books, including "Prosperity Without Growth" and "Post Growth: Life After Capitalism" joins the Essential Podcast to talk about sustainability, equality, the end of growth, the Baumol Effect, and the declining consolations of consumerism.
The boys speak to Patricia Pino (@PatriciaNPino), Research Fellow at the Global Institute for Sustainable Prosperity and co-host of the MMT Podcast, getting into the weeds of inflation, debt, bonds and the other building blocks of economics. This episode was originally published on April 9, 2021 on the Current Affairs podcast feed, and is being republished now as the Rabbithole podcast picks up the question of "is MMT real?" Please excuse any outdated references, and stay tuned as we continue our investigations down the rabbithole. This episode was edited by Dan Thorn (@danieljtvthorn) of Pink Noise Studios in Somerville, MA, and it features theme music by Danny Bradley. If you liked the podcast, please consider supporting our investigations on our Patreon. Find Pete on Twitter at @PeteDDavis and Sparky at @sparkyabraham
Thus far, the MMT series has focused mainly on the United States, home of the world's reserve currency. How would MMT work in the Global South? The boys turn to Fadhel Kaboub (@FadhelKaboub), president of the Global Institute for Sustainable Prosperity and professor of economics at Denison University. This episode was originally published on December 2, 2020 on the Current Affairs podcast feed, and is being republished now as the Rabbithole podcast picks up the question of "is MMT real?" Please excuse any outdated references, and stay tuned as we continue our investigations down the rabbithole. This episode was edited by Dan Thorn (@danieljtvthorn) of Pink Noise Studios in Somerville, MA, and it features theme music by Danny Bradley. If you liked the podcast, please consider supporting our investigations on our Patreon. Find Pete on Twitter at @PeteDDavis and Sparky at @sparkyabraham
Andrew Schwartz talks with Tim Jackson about post capitalism, post growth economies, and the future of work for the long-term wellbeing of people and the planet. Tim is an ecological economist and writer, Director of the Centre for the Understanding of Sustainable Prosperity (a multidisciplinary research centre which aims to understand the economic, social and…
Andrew Schwartz talks with Tim Jackson about post capitalism, post growth economies, and the future of work for the long-term wellbeing of people and the planet. Tim is an ecological economist and writer, Director of the Centre for the Understanding of Sustainable Prosperity (a multidisciplinary research centre which aims to understand the economic, social and…
In this episode, I chat with Becky Burchell, a talented and inspiring Arts Producer and Curator who specializes in “Hopeism” - the idea that sharing stories of hope through the arts can help us to imagine and create a better future. Becky is the founder of CHANGE Festival, a new arts festival in the UK which she created as a platform for inspirational performance, music, discussion, and workshops that invited audiences to consider their own role in manifesting positive change. Becky has previously curated big-name festivals as an Arts Producer (like the UK's Bestival and Camp Bestival), creating areas and experiences across artforms from circus to carnival parades to spoken word. Becky has also worked with folk artist Sam Lee to produce the renowned Singing With Nightingale conservation event series, where musicians perform duets with wild nightingales in the woods. The World We Made premiered at CHANGE Festival 2019 and was a groundbreaking new play that Becky envisaged and produced, set in 2050, and inspired by pioneering environmentalist Jonathon Porritt's book of the same name. Becky is also a Fellow of the Centre for the Understanding of Sustainable Prosperity, an internationally renowned research centre at the University of Surrey. Fellows explore what prosperity can mean in a world of environmental, social, and economic limits. we talk about how the arts can play a vital role in supporting all of us to be innovative, courageous, and caring in the ways we create change both within our own lives and collectively. CHANGE Festival 2021 will take place at Warwick Arts Centre in the UK from November 5-7 and is offering a hybrid online offering. As part of this Betsy will be leading two online workshops - ‘Resilience Bootcamp: training for the future' on November 6th and ‘Leadership Bootcamp: throw out the rulebook' on November 7. Both are welcome to all and accessible from anywhere in the world (as long as you have an internet connection). They're donation-based, so come along and if you can pay for a place for someone else too! Key Points Discussed: The journey that led her to creating and launching the CHANGE festival (05:42) Taking a completely different approach to activism and how to balance out the doomism all around us (14:30) How people have changed in what they want from entertainment (18:48) Inspiring change through festivals and the arts in general (21:10) Employing playful activism to bring about a better future (28:20) Rise Up: Why the upcoming CHANGE festival will be based on this theme (36:01) Highlighting the story of Rachel Carson, the unlikely activist (40:03) Having productive disagreements while still working together to make the world a better place (43:14) Connect with Becky Burchell: Becky on Twitter www.ChangeFestival.org Chettle Village on Instagram CHANGE Festival's ‘Resilience bootcamp: training for the future' with Betsy on November 6th CHANGE Festival's ‘Rise up and lead: throw out the rulebook' with Betsy on November 7th Connect with Betsy: Betsy on Instagram Betsy on Twitter Betsy on Linkedin Rate, Review, Learn, and Share Thanks for tuning into The Discomfort Practice! If you enjoyed this episode, please drop us a five-star and written review, follow, and share how it has benefited you. Don't forget to tune into our other episodes and share your favorite ones on social media!
Layman welcomes Andrés Bernal, a lecturer at CUNY Queens College, to discuss Modern Monetary Theory -- how he became interested in it, its major claims, its main proponents and detractors, and what it would take to begin to put it in action. Andrés discusses his work with Alexandria Ocasio-Cortez; the development and implementation of the Green New Deal; the potential for South American countries to lead the way in monetary and economic reform; the role of AQAL, existential philosophy, and spiritual practice in his activism and the formation of his ideas; and much more. Andrés was born in Bogota, Colombia and immigrated to the United States as a child. He has a Bachelor of Arts in Philosophy from the University of Texas Rio Grande Valley with a focus on Existentialism, Political Economy, and Social Theory; and a Master of Arts from the University of San Diego's School of Leadership and Educational Sciences with a specialization in group learning and development and organizational leadership under the mentoring of renowned scholar-practitioner Zachary Green of Group Relations International. Andrés has over a decade's worth of experience in youth leadership development and community building and serves as the Director of Political Education for the Young Progressives of America. In the Summer of 2017, Andrés began supporting the Congressional campaign of former colleague Alexandria Ocasio-Cortez as a policy advisor and organizer. His work facilitated the incorporation of the Federal Jobs Guarantee policy onto the official campaign platform and helped in the vetting process of various academic resources. Alexandria would go on to become the youngest woman in history to be elected to the United States Congress. Currently, Andrés resides in New York City where he is a Lecturer of Urban Studies at CUNY Queens College and Doctoral student at The New School For Public Engagement, Division of Policy Management and Environment. His research focuses on the Green New Deal as a site of political communication and policy analysis. Andrés is a leading voice and proponent associated with the heterodox school of economic thought known as Modern Monetary Theory. He is a Research Fellow at the Global Institute for Sustainable Prosperity and a Visiting Research Fellow at the University of Missouri Kansas City Department of Economics. https://www.andres-bernal.com/