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Episode 133, 'Vulture Capitalism' with Grace Blakeley: Live at Glastonbury Festival
Manage episode 433563976 series 3409196
Вміст надано Jack Symes | Andrew Horton, Oliver Marley, and Rose de Castellane, Jack Symes | Andrew Horton, Oliver Marley, and Rose de Castellane. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Jack Symes | Andrew Horton, Oliver Marley, and Rose de Castellane, Jack Symes | Andrew Horton, Oliver Marley, and Rose de Castellane або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
They say money can’t buy happiness, but it can buy power, freedom, and security. The one per cent – who control nearly half of the world’s wealth – understand this better than anyone. In capitalist democracies, corporations spend billions on political donations and lobbying to influence economic policies in line with their own interests. The trillions spent by governments in propping up the banks following the 2008 financial crash – and the bailing out of the largest corporations through the Covid Corporate Financing Facility – speak volumes: the state and the economy are not separate entities. The goal of the state is clear: “Steady the ship and maintain course.”
Corporations don’t just pose a threat to our economic freedoms, but the future of the natural world. Just a handful of firms are responsible for over seventy per cent of carbon emissions, and despite public pressure, corporate action on the climate crisis has been largely ineffective. We shouldn’t be surprised; after all, industry holds the power, and turkeys don’t vote for Christmas.
Links
Grace Blakeley, Vulture Capitalism: Corporate Crimes, Backdoor Bailouts and the Death of Freedom
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